US: Bacardi to close rum distillery in Nassau

By | 24 August 2007

Bacardi has disclosed plans to close its rum distillery in the Bahamas due to changes in trade agreements and competition.

The company said yesterday (23 August) that its Nassau plant, which manufactures Bacardi rums for shipment to Europe, will close by April 2009. The majority of its operations will be transferred to its Catano site in Puerto Rico as well as its other facilities across the US.

Bacardi Bahamas facility director Felix Mateo said: "The change in business conditions and economies of scale were significant factors in the decision to prepare to cease operations here in Nassau. It is very difficult to make a decision like this, but it is the right decision for the company."

Bacardi, which is privately held, also has facilities in Florida and Mexico. Its brands include the Bacardi rum, Grey Goose vodka and Dewar's scotch whisky brands.

Sectors: Spirits

Companies: Bacardi

View next/previous articles

Currently reading -

US: Bacardi to close rum distillery in Nassau

There are currently no comments on this article

Be the first to comment on this article

Related articles

just the round-up - The week in drinks

The top ten most visited stories on just-drinks this week:

US: Anheuser-Busch defends 'energy beers' - again

Anheuser-Busch and Miller Brewing have been hit with subpoenas in the US over their sales and marketing of their caffeinated alcoholic drinks brands.

UK: Global Brands launches Mojito RTD

Global Brands, the UK drinks group which markets the VK Vodka Kick brand, has launched a ready-to-drink (RTD) Mojito cocktail.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page