Spirits Companies Race to Increase Scotch Production

Dear Client: Beam Inc. is the latest spirits company to announce an investment in the Scotch category. The maker of Teacher's, Laphroaig and Ardmore has expanded with three new warehouses in Scotland to meet rising demand for its Scotch brands, according to a release. The new warehouses in Glasgow will expand Beam's holding capacity by 75,000 casks of Scotch - or nearly 20%. The move cost Beam about $5 million. "We see a very bright future for Teacher's, Laphroaig and