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| Distiller announces £45m revamp | Distiller announces £45m revamp |
| (40 minutes later) | |
| Whisky giant Glenmorangie is to relocate its headquarters to Edinburgh and upgrade distilleries at Tain and on Islay as part of a £45m plan. | |
| Its present HQ at Broxburn, West Lothian, is to be sold to Diageo. | |
| The revamp will also see the sale of its Glen Moray distillery at Elgin as a going concern. | |
| Consultation with the company's 420 employees has started. Job loses are anticipated, but most are expected to go through retirements. | |
| The company said it would focus on building its premium single malt Scotch whisky brands, Glenmorangie and Ardbeg, in response to growing demand. | |
| It is planning to withdraw from the bottling and sale of blended Scotch whisky. | |
| The process of change will be phased over two years. | |
| A site for the new headquarters and bottling plant have still to be revealed. | |
| Cask warehouses | |
| No job loses are expected among the 17-strong workforce at Glen Moray because Glenmorangie said the distillery would be sold as a going concern. | |
| The business plans include a multi-million pound investment in Tain, Ross-shire. | |
| Under the proposals, its distilling capacity will be increased, new whisky cask warehouses built and the visitor centre restyled. | |
| The single malt Glenmorangie was first created at Tain in 1843. | |
| Further development is also planned at the company's Ardbeg distillery on Islay. | |
| The distillery and visitor centre will be further upgraded and new cask warehousing constructed. |