Red Rock Mountain Cooperage Sign MOU at CIFIT, Xiamen, China
Sep 07 2022
[CIFIT, Xiamen, China, September 07, 2022] MOU signed by Red Rock Mountain Cooperage for an internationally invested, oak barrel cooperage in China to support the rapid growth in both the local wine production industry and the more recent developing whisky industry.
Red Rock Mountain Cooperage will be built in Da Chi Town, Longyan, Fujian Province, in the shadow of local landmark, Red Rock Mountain (赤岩头). The cooperage will have a capacity of 100’000, full sized, 200 litre oak casks, and will include a cooperage factory and extensive land for air drying raw oak wood on site. Oak logs will be sourced initially from the USA and France, with a longer-term plan to expand into sustainable forestry management to develop oak throughout northern China.
Red Rock Mountain Cooperage will be developing local talent into highly skilled coopers, with the first group of locals being sent to Europe for 2 full years of training in early 2023. This first team will return to China with the support of European coopers, provided by two European partners who will support the Red Rock Cooperage project.
The lead investor in this project is Nine Rivers Distillery, an American led, international investment of more than 160 investors, who joined together through a shared passion for whisky and a strong connection to China. Nine Rivers Distillery is another previous success story of AMCHAM South China, who were the catalyst for the Nine Rivers Distillery project, which was also signed at CIFIT just a couple of years ago.
CIFIT, The China International Fair for Investment & Trade, or CIFIT, approved by the State Council of the People’s Republic of China, takes place in September every year in the city of Xiamen, in East China’s Fujian province.
Themed on “introducing foreign direct investment” and “going global”, CIFIT focuses on nationality and internationality, investment negotiations and investment policy promotions, the coordinated development of the national and regional economy, as well as economic and trade exchanges between the two sides of the Taiwan Straits.
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