Sharp's brewery owner invests in Cornish Doom Bar beer
The global brewer that has taken over the Cornish brewery Sharp's says it is planning a multi million pound investment in its premises.
The beer has been produced at Rock near Padstow since 1994.
Molson Coors bought Sharp's for £20m in February. It says the famous cask ale Doom Bar is proving even more popular than it anticipated.
The ale gets its name from an infamous sandbank at the mouth of the Camel Estuary.
Last year Sharp's reported a turnover of £16m - nearly £5m more than the previous year, while profits rose from £428,000 to £1.63m.
The company said sales have grown by more than 45% this year and are still rising.
Sharp's currently employs 80 staff but the company said it needed to extend the Cornish brewery and employ more people.
Molson Coors Wales and West managing director Martyn Cozens said: "It's a relatively young brand.
"It has a contemporary image with the Cornish surfing and sailing which adds to the brand's credentials."
He said the company is planning to invest £2m to £3m in the Rock site this year.
There are also plans to take the Cornish beer across the Atlantic.
"An area of opportunity we see is in the export market particularly in North America and Canada," Mr Cozens said.
Molson Coors said it had no intention of making Doom Bar anywhere else than Rock.