(By Danica Coto) SAN JUAN, Puerto Rico (AP) — A new rum distillery will open in a former pharmaceutical plant in central Puerto Rico, helping to offset the loss of Captain Morgan rum from the island, economic officials said Wednesday.
The Club Caribe LLC distillery is scheduled to open in early 2012 in the mountain town of Cidra and will produce 2 million gallons of rum its first year as part of a 20-year deal, said senior vice president Alberto Rivera.
The local company is affiliated to Cc1, a Puerto Rican company that distributes Coca-Cola products in the U.S. territory.
Club Caribe expects to employ 25 people and invest $10 million in machinery and equipment as it moves into the old GlaxoSmithKline factory.
"We're going to have a significant production of rum on a global level," said Jose Perez-Riera, Puerto Rico's economic development secretary.
The distillery eventually will produce up to 10 million gallons of rum, both to sell in bulk and as private labels including Club Caribe, a white rum; Black Roberts, a spiced rum; and Carlos Rum, a gold rum, Rivera said.
The company will target the U.S. mainland market.
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Thursday, July 07, 2011
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