Managing director Euan Shand is set to develop a distillery, visitor centre and a warehousing and bottling complex in Huntly near Aberdeen. Due to be completed in June 2008, the distillery, which is yet to be named, will produce own-label blended whisky, gin and vodka.
It will produce around 750,000 litres of alcohol annually, according to Shand, giving it a capacity equal to Diageo's Oban distillery or the independently owned Springbank distillery in Campbeltown. The existing plant in Huntly will be relocated.
The company began bottling whisky in 2003 and sells single malts under brand names including The Duncan Taylor Range, Big Smoke, The Rarest of the Rare Collection, Auld Reekie and Whisky Galore.
"It's an extremely bold move as there's a lot of money involved, but we distribute worldwide and have an excellent sales team," Shand said.