Say it isn't so - please
Tragic news from
The Irish Times:
Diageo mulls options for Guinness brewery
Diageo Plc said today it was reviewing brewing operations in Ireland after media reported the drinks giant may quit the Dublin city centre site where Guinness has been brewed for almost 250 years.
"The Diageo brewing business is considering a number of important investment decisions on upgrading and renewing its brewing facilities in Ireland in the coming years," the company said in a statement.
The review was at a "very early stage" and a report in the Sunday Independent newspaper that the company was preparing to move from its landmark St James's Gate site on the banks of Dublin's River Liffey was "speculation", Diageo added.
A bit about the history of the site:
The site, where Arthur Guinness took out a 9,000 year lease on a disused brewery in 1759, has grown into what the brewer now describes as "a prime 64 acre (25 hectare) slice of Dublin".
The Sunday Independent reported the land could fetch as much as €3 billion if Diageo implements plans to move production to a greenfield site on the outskirts of the capital.
There's your answer right there...
Posted by DaveH at June 18, 2007 7:53 PM
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