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Japan-Update

Suntory to pour $900m into boosting bourbon output in US

Tax cut factored into Japanese company's decision to upgrade Beam distilleries

Suntory's plans to expand output capacity include distillery facilities that produce bourbon under the Maker's Mark brand.   © Reuters

DAVOS, Switzerland -- Suntory Holdings will invest 100 billion yen ($904 million) over the next five years to increase U.S. production of bourbon, President Takeshi Niinami told The Nikkei on Tuesday.

Niinami, who is attending the annual meeting of the World Economic Forum here, attributed the decision partly to the recent massive U.S. corporate tax cut.

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