Diageo “confident” in face of barrel shortage
Diageo has asserted its confidence in overcoming a shortage of American oak suffered by one of its key barrel suppliers.
It has recently been revealed that US-based Independent Stave Company is experiencing a shortage of American white oak lumber, affecting the production of some spirits companies around the world.
However, while some producers have expressed concern that they may need to scale back production, Diageo has asserted confidence in its ability to meet demand.
A spokesperson for the drinks giant told The Spirits Business: “We are monitoring our supply and are confident that we will be able to continue to meet consumer demand.”
In addition to Diageo, Independent Stave’s clients include Sazerac, Beam, Four Roses and Heaven Hill.
Reports have also been circulating that independent Bourbon producer Four Roses has announced that it will be temporarily reducing its operations while the shortage is ongoing.
As reported on WHSA11, it is thought that “abnormally wet” October weather in Missouri and Arkansas has made it difficult for Independent Stave to cut down tress in order to source white oak lumber.