Waterford Whisky Is Likely to Close After Failing to Raise Funds

Just over a decade ago, there were only four distilleries making whiskey in Ireland: Bushmills (in Northern Ireland), Midleton, Dingle, and Cooley. Now there are nearly 50, an impressive level of growth especially considering the global dominance of major brands like Jameson. But late last week came some sad news for one of these distilleries: Waterford Whisky announced that is going into receivership, and will very likely be closing for good in the coming weeks.

Waterford,…