Diageo is re-evaluating plans to build a €650m brewing centre in Ireland, due to the current ‘difficult global economic situation’.
The global drinks giant announced plans in May 2008 to develop the €650m brewing centre of excellence, scheduled to be completed in 2013.
A statement from Diageo said: “Diageo has a long-term strategy to ensure its Irish brewing operations are internationally competitive in support of its global beer strategy.
“As result of the current difficult global economic situation, which affects both Ireland and the main international markets to be served by the new operations, Diageo has decided to conduct a re-evaluation of this brewing investment programme in order to ensure its scope remains appropriate in the changed economic environment.
“The evaluation is expected to run for several months and the outcome will be communicated to staff and other stakeholders as soon as possible.”
The €650m brewing centre was scheduled for construction in Leixlip, Co Kildare and plans were also announced to upgrade the St James' Gate brewery in Dublin. In 2005 all production was transferred from the Park Royal brewery in London, to Dublin.