The trust fund was set up in 1973 by Distillers - whose subsidiary made Thalidomide.
Heroic assumptions must be made here about the willingness of American farmers and distillers to compete.
This model helps mitigate start-up costs, and gives distillers a steady stream of non-spirit revenue.
One thing you will quickly notice is that none of the whiskey distillers are cheap.
Diageo outcompeted local distillers by painting bars in bright colours and providing them with flat-screen televisions.
Taxes are levied at a flat rate on all distillers, irrespective of their size.
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Drambuie's headquarters are registered in Glasgow, where its drinks are blended and bottled by distillers Morrison Bowmore.
But what the small distillers lack in volume, they make up for in harmonic alignment to the zeitgeist.
The Macallan Distillers, in partnership with crystal-maker Lalique, have created this one-of-a-kind bottle to benefit charity: water.
It was reported earlier this year that Loch Lomond Distillers was the subject of negotiations with private equity investors.
The distillers also blend and bottle Drambuie after winning a contract last year.
Distillers and pharmaceutical companies have long understood the usefulness of bartenders and physicians.
And grain producers and distillers, of course, had no incentive to decrease consumption.
Now there's an impending glut, and the distillers need to get bailed out.
That is an immense help, because unlike brewers, distillers are taxed at a single excise rate, whatever their size.
And grain producers and distillers, of course, had no incentive to reduce consumption.
In fact, marketing has a lot to do with this whole trend, and the corporate distillers themselves paved the way.
Last year Maurice Hinchey, a congressman from New York, introduced a bill to tax small distillers at a lower rate.
Overall sales grew by 1% and, in common with other distillers, Drambuie has seen strong growth in exports to Latin America.
The remaining product after the ethanol is removed is DDG(dried distillers grain).
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Many small grape-growers and distillers across the 4, 200-square-mile cognac region have been held by the same families for a century or more.
At the dawn of the 19th century the country boasted 14, 000 distillers.
Many small grape growers and distillers across the 4, 200-square-mile cognac region have been held by the same families for a century or more.
Agricultural irrigation along with cattle feed lots located near the plants to take advantage of the co-product distillers grain add to local water demands.
The same phenomenon has helped American bourbon and whiskey distillers get to a point where they can take any Scottish competitor to the mat.
Stalls along the dusty road into the town of Tequila peddle dozens of local microspirits, but farmers sell most of their output to big distillers.
During rye's recent rediscovery, micro-distillers from coast to coast jumped on the bandwagon and those whiskeys are just starting to reach maturity, and store shelves.
The distillers have therefore decided that it is not only anxieties about health that have been driving down overall spirits consumption in Britain and America.
And of course, distillers could choose to mix the impact of such a tax - absorbing some in profits, and passing some on to consumers.
Seven years ago, according to Bill Owens, who heads up the micro-distillers trade group, American Distilling Institute, there were 30 craft-sized pot stills operating in America.
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