Diageo , the world's largest maker of Scotch whisky, is delaying plans to expand its production capacity in Scotland as a global economic slowdown curbs the world's thirst for the spirit. In 2012, the maker of whiskies including Johnnie Walker, J&B and Talisker said it would spend over 1 billion pounds ($1.6 billion) over five years to expand Scotch production to meet growing demand in emerging markets. "The weaker global economic environment has impacted the growth of Scotch in certain markets and therefore Diageo will continue to review and adjust the timing of the next phase of our investment programme to manage our Scotch whisky inventory and to retain the alignment between growth in production volumes and growth in demand," a Diageo spokesman said. As part of its 1-billion-pound plan, Diageo last year said that it would spend 50 million pounds to build a new malt distillery and 12 million pounds to expand an existing distillery in Teaninich, in the Scottish Highlands.
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