Monday, May 12, 2008

Diageo keeps Dublin Guinness site, to build new one

That should probably read "Diageo keeps Dublin Guinness site for now", as they seem determined to destroy all of the traditions dating back to 1759.

In five years, when the new brewery opens after an investment of 520 million pounds ($1 billion) and smaller ones at Kilkenny and Dundalk are closed, Diageo says its Irish brewing workforce will be cut by 250 from its current 450.

The move means a reprieve for the St James's Gate site near the River Liffey, where Arthur Guinness started brewing his stout beer in 1759 after purchasing the dormant brewery with 100 pounds he had been left in his godfather's will.

Reuters has the whole story.

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