Whisky industry supplier set to build £36m ‘superfactory’ in Gartcosh, North Lanarkshire

Construction is set to begin in November 2022 on a ‘superfactory’ to supply the Scotch whisky industry in Scotland with closures. 

Guala Closures produce non-refillable and anti-counterfeiting closures for the whisky industry. Due to the rise in spirit fraud, these closures are important to the industry in ensuring the highest quality of whisky is sold around the world.

whisky bottles

Why is it a ‘superfactory’?

At a cost of £36m, the new factory represents a significant investment in Scotland for the company. This does include a £3.3m grant from Scottish Enterprise.

The factory will replace two others, Bridge of Allan and Kirkintilloch. With 400 workers from these sites transferring to the new facility in January 2024.

The new 22,000 sq ft plant will continue to supply some of the biggest whisky producers in the world, including, Diageo, Chivas and Edrington. 

What does this mean for the local area?

An investment of this size shows the strength of the Scotch whisky market. 

Ken Moran is the general manager for Scotland for Guala. He said: “The new plant will benefit from investment in innovative technology, enhancing productivity, process capability, closure functionality, and importantly, contribute to the delivery of the group’s sustainability strategy and core objectives.”

The Scottish government is excited about the project, the business minister for Scotland, Ivan McKee had this to say: “Guala are critical to the whisky industry here in Scotland.

“This investment in particular will safeguard 400 jobs in the industry as well as have a positive impact on the Scotch whisky supply chain in Scotland.”

Investing in whisky

This news follows an array of recent investments by distilleries and corporations in the whisky industry.

Cabrach had started construction of their new distillery in Moray. Sustainability is part of their plan to use renewable energy to power the distillery and protect the beautiful Scottish countryside.

GlenDronach has seen further investment from Brown-Forman. They are now in the second phase of the plans to grow the famous Scotch whisky brand to new heights unseen!

So with the malt whisky industry predicted to hit £5.5bn in 2031, the industry is ripe for investment. 

There has never been a better time to invest in whisky

UKV International AG acquires, sells and supplies bonded whisky, whether you would like to consume or invest in your whisky UKV broker the sale of your investment-grade whisky.

UKV can assist with discovering the perfect whisky for you to invest in. To find out more, contact us today!