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Shot in the arm for whisky industry

Chivas and Diageo confirm new investments in Scotch. THE Scotch whisky industry received another shot in the arm last week when distilling giants Chivas Brothers and Diageo unveiled plans for major investments in the sector. Bell’s and Johnnie Walker owner Diageo said it will plough more than £1 billion in Scotch whisky production over the next five years, while Chivas, the whisky and gin business of Pernod Ricard, pledged to spend £40 million annually to increase its distillation capacity.

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