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Diageo Shuts Crown Royal Plant While Doubling Down On Premium Scotch
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Diageo Shuts Crown Royal Plant While Doubling Down On Premium Scotch
Diageo (LSE:DGE) has closed its Crown Royal whisky plant in Amherstburg, Ontario earlier than planned, affecting over 200 employees. The shutdown was executed two days ahead of schedule and without advance notice to staff. At the same time, Diageo is rolling out new premium products, including Oban 15-Year Port Cask Finish and Johnnie Walker Black Cask. For you as an investor, this mix of plant closure and premium product launches underlines how…
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