Inver House Distillers is to double capacity at its Speyburn Scotch distillery after organising a new GBP10m (US$15.4m) loan.

The company, which also makes the brands Old Pulteney and Balblair, said yesterday it expects to produce 4.2m litres of whisky a year at Speyburn to meet demand for growing international markets. 

The company will also build 12 new warehouses to increase storage from 500,000 casks to 620,000.

Inver House's MD, Graham Stevenson, said: “The success of our brands on the global stage, specifically Speyburn, means that we’re very much in growth mode." 

The Airdrie based-company secured the loan through the Bank of Scotland.

Inver House Distillers is owned by International Beverage Holdings. The company reported a double-digit drop in full-year profits and sales in October.