Scotch whisky industry operations update
WhiskyInvestDirect is keeping up to date with the evolving situation in Scotland concerning the distillation, bottling and distribution of Scotch whisky.
Early last week it was announced that many distilleries and bottling halls had shut down production to safeguard their employees. These included, amongst others, plants belonging to Inverhouse, Macleod’s, Distell, Beam Suntory, Whyte & Mackay, Glenmorangie, Glenfarclas, North British and Tomatin. Other companies, including Diageo, were reported to be continuing operations on a scaled back level, but with strict adherence to the Government health guidelines.
Scotch distillers are facing a tough call. On one hand they are under pressure to shut down all operations and on the other they are expected to continue to support an ‘essential’ business that generated £4.9bn in exports last year, 21% of all UK Food and Drink exports.
They have to tread carefully along the path to helping Scotland’s economic recovery.
This week we have learnt that many operators are now considering, tentatively, whether they should re-open their plants. If they do so it will be with very strict social distancing, and other, measures in place. They will be very aware of the importance of following the rules, especially in the light of the resignation of the Scottish chief medical officer.