Tobermory is an old distillery, founded in 1798 and becoming fully established in 1823. Opened and closed numerous times, it closed almost terminally in 1930, a depressed time for whisky. However in 1972 it reopened after 42 years but even when it re-opened it had numerous periods of silence when funds ran low.

The distillery closed again in 1975 until 1978 but again soon ran into trouble. The warehouses on the other side of the road were sold and converted to flats (super view) to raise money, however this meant the new spirit had to be transported off the island to mature. This still wasn't enough in-spite of a visitor centre opening. In 1993 the distillery was bought out by Burn Stewart and the future looks secure. Ledaig is the peated style of whisky produced.

There are four stills, though only two were originally used by the latest owners.