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Hospitality Ireland Presents Round-Up Of Island Of Ireland Whiskey News

Published on Nov 25 2021 8:39 AM in Drinks tagged: Trending Posts / Irish Whiskey Association / William Grant & Sons / IWA / west Cork Distillers / Tullamore Dew / William Grant & Sons Irish Manufacturing Ltd / Scotts Irish Distillery / Scotts Irish Whisky

Hospitality Ireland Presents Round-Up Of Island Of Ireland Whiskey News

Hospitality Ireland presents a round-up of island of Ireland whiskey news.

New Co. Fermanagh Distillery Launches Its First Release

As reported by The Irish News, a new Co. Fermanagh whiskey distillery is preparing to launch its first release as part of a £15 million tourism investment in the west of the county.

The Scotts Irish Distillery, which is reportedly located close to Lough Melvin, has reportedly been developed by Garrison native Conal Treacy.

Treacey reportedly said, "We're building a destination distillery. Along with the distillery tours, we're going to build a cookery school, and bring in internationally renown chefs.

"We also have plans for accommodation, a visitor centre and we're building a walk along the river and into Garrison.

"It will be a complete visitor's experience."

The distillery end of the development is reportedly already complete, with Scotts Irish Whisky, which reportedly takes its name from Angus Scott, who was reportedly known in the Garrison area as a poitín maker, reportedly set to be launched in London today (Thursday November 25) by Dermot O’Leary and celebrity Irish chef Richard Corrigan, with plans for a local launch in Co. Fermanagh in early December.

Reportedly describing the area in which the new distillery is located as "the undiscovered lake district of Ireland", Treacey reportedly said that the location is ideal for the project, and, "We have a nice waterfall behind the distillery, where salmon come up to spawn. And at the front, we have the view of Lough Melvin and the Leitrim Mountains.

"It's the most beautiful place in the world."

Treacey reportedly said that the area had been a tourism hub in the first half of the 20th century, with Charlie Chaplin a regular visitor, and, "It really was a fishing tourism hub in the 1940s and 1950s", and that he wants to revive that tourism trade, "And, at the same time we want our drinks, which are inspired by the very environment that surrounds us, to become ambassadors of quality, great taste and the highest of standards."

Row Erupts Over Who Should Hold Right To Certify Whiskey Sector’s Product As Legitimate In The US

As reported by The Irish Independent, a row has erupted in the Irish whiskey industry over who should hold the right to certify the sector’s products as legitimate in the US.

The Sunday Independent has reportedly learned that whiskey producer West Cork Distillers has challenged an attempt by the sector's largest lobby group, the Irish Whiskey Association (IWA), to obtain a certification mark in the US covering Irish whiskey.

It reportedly sought an extension of time to oppose the application for the certification mark, which was reportedly granted until January of 2022.

As reported by The Belfast Telegraph, the US Patent and Trademark Office (USPTO) says a certification mark is a type of trademark used to show consumers that particular goods and services, or their providers, have met specific standards.

To use a certification mark, a company's product or service must reportedly meet the standards set by the mark's owner. In 2018, the IWA, which part of business organisation Ibec, reportedly applied to have "Irish whiskey" registered as a certification mark in the US.

In the application, it reportedly said that the mark is intended to certify that the goods provided have met standards set in the Irish Whiskey Act of 1980, the Irish Whiskey Technical File 2014 and European regulations.

West Cork Distillers co-founder John O'Connell reportedly said that the company would "respectfully oppose" the IWA's certification mark application for Irish whiskey in the US, and reportedly acknowledged the "good work" that the IWA is doing to protect the category, but reportedly strongly believes that any intellectual property pertaining to Irish whiskey should "belong to the Irish nation and not to any one private commercial entity or trade body".

O'Connell reportedly added that he believes that the Irish government should own the certification mark and it reside with the Department of Agriculture, and reportedly said that he hoped the matter could be resolved with the IWA, and, "We believe that through open and honest dialogue, an equitable and respectful solution to this matter can be achieved which will protect the category into the future and will allow the ownership/governance of the Irish whiskey remain in the hands of the Irish nation."

A number of distillers reportedly oppose the action, although others reportedly believe that it could help to protect the category in its largest market.

Tullamore Dew Maker Records Pre-Tax Profit For Last Year

As reported by The Irish Independent, the maker of Tullamore Dew whiskey has recorded a pre-tax profit of €1.45 million for last year.

New accounts for William Grant & Sons Irish Manufacturing Ltd reportedly reveal that the company returned to profit in spite of revenues decreasing by 19.5% from €46.35 million to €37.23 million last year.

The figures reportedly cover the Irish manufacturing arm that is part of the wider William Grant and Sons group.

The pre-tax profit of €1.45 million reportedly followed a pre-tax loss of €3.73 million in 2019.

The business reportedly recorded the return to profit after cost of sales decreased by 18% from €43.4 million to €35.1 million while administrative expenses decreased from €5.9 million to €75,000.

The company reportedly returned to profit during the COVID-19 hit year, and the directors reportedly stated, "We are proud of the results that we have achieved for the business this year and we are confident that we will navigate through this crisis and emerge with a business fit for future growth."

A William Grant and Son Irish Manufacturing Ltd spokesperson reportedly said, "Like many others, the pandemic had a significant impact on company performance in 2020.

"Although we are cautiously optimistic as things start to recover, we still navigate huge uncertainty.

"Our focus remains to invest in our people, our brands and our infrastructure for the long-term, in line with our values."

The directors' report reportedly states that production volumes at Tullamore were lower than in 2019.

The directors' report reportedly also states that the business is well equipped to respond to changes in both consumer preferences and the channels through which spirits are sold, and, "Fundamentally, our capabilities are strong and our brands are in good health and remain desirable to consumers."

Numbers employed last year reportedly increased from 78 to 80 and staff costs reportedly increased from €4.5 million to €4.9 million.

Directors' pay last year reportedly increased from €131,000 to €1.64 million, and a note reportedly states that some of the directors are paid by another group company and that the cost does not appear in the profit and loss account.

The profit last year reportedly takes account of non-cash depreciation costs of €8.98 million and a foreign exchange gain of €3.8 million.

The group reportedly had accumulated profits of €282 million at the end of last December.

William Grant & Sons is reportedly an independent family-owned distiller headquartered in the United Kingdom.

The group reportedly distils, bottles and distributes some of the world’s leading brands of Scotch whisky.

These reportedly include the world's most-awarded single malt, Glenfiddich, and the world's third largest blended Scotch, Grant's.

The directors of the Irish operation reportedly stated that for 2020 "overall capital expenditure continued to focus on initiatives to improve efficiency, increase distil and packaging capacity, automate packaging operations and increase warehouse capacity".

The company reportedly did not pay a dividend last year.

© 2021 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

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