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Articles in category: Wine Business
Winemakers in Oregon's newest wine-growing region are hoping that having official AVA status will help differentiate their wines from the warm-weather varietals grown elsewhere in the southern half of the state.(Read Full Article)
And consumers are willing to pay more for a wine based on its reputation, or the reputation of its region, according to a recent study by Linfield College, the Oregon Wine Board and the Willamette Valley Wineries Association. Local vineyards are building on(Read Full Article)
Bacchus Capital Management first tapped into Oregon's wine country by investing in Dundee-based Wine by Joe in 2011.
The investments came from Bacchus Capital's inaugural $50 million fund, which seeded Bacchus' portfolio of eight West Coast wineries and brands. With that fund nearly depleted and Bacchus seriously considering raising a second fund, it seemed worth checking in with co-founder and Managing Partner Sam Bronfman to see if the firm might ...(Read Full Article)
In a move that strengthens its position in the Oregon wine industry, New York-based private equity firm Bacchus Capital Management said Wednesday it has purchased the well-regarded Panther Creek Cellars wine brand, which is based in McMinnville. Terms were undisclosed. Seller Liz Chambers, however, will hold onto the winery and produce under a new label with Michael Stevenson, Panther Creek's current winemaker. Industry publication Wine Spectator said the new label will be called Elizabeth Chambers…(Read Full Article)
Thanks to a combination of acquisitions and organic growth, Northwest winemaker Precept Wine expects to pass the 1-million-case mark in 2013, co-founder and CEO Andrew Browne tells Shanken News Daily.
“A rising tide lifts all boats, and in the Northwest wine industry—whether it’s Idaho, Oregon or Washington—we’ve got a rising tide,” Browne says.
Seattle-based Precept’s portfolio consists of labels from Washington, Oregon and Idaho. Key brands driving growth are its Washington-sourced labels Chocolate Shop ($12-$15) and Radius ($10).
Chocolate Shop, which launched in 2011 as one of the pioneers in the “chocolate wine” segment ...(Read Full Article)
It's an enormous number by Oregon standards, considering that the average vineyard in the state is 24 acres, according to Charles Humble of the Oregon Wine Board. He noted that even the state's largest winery, King Estate, is just 500 acres in size.(Read Full Article)
PORTLAND - The recent stretch of warm and dry weather is causing an explosion of growth at vineyards across the Willamette Valley. But along with all the growth, comes some challenges for grape growers. Jim Prosser, owner of J.K. Carriere Wines in Newberg, said in the last two weeks, his vines have grown about a foot. Normally they'd grow only about an inch or two in that time. “It’s been out of ...(Read Full Article)
"The warm weather we've received in the past few weeks has really gotten vines off to a really strong start," said Charles Humble with the Oregon Wine Board. "And that's always very, very helpful." This helpful head start is considered a rarity in Oregon.(Read Full Article)
Join Brick House Vineyard founder Doug Tunnell as he turns the tables on Oregonian wine columnist Katherine Cole, interviewing her in front of a live audience at Linfield College. The dynamic exploration of the Oregon wine industry will be Wednesday, May 1, at 7:30 p.m. in 222 T.J. Day Hall. The event is free and the public is welcome.(Read Full Article)
The former president of Sokol Blosser Winery is now working on several committees, boards and not-for-profits, finishing her third book, and spreading the word about what makes Yamhill County unique. Find out how she got started in the wine industry and where she hopes it's heading in the future.(Read Full Article)
An archive can be a dirty place, especially when your collection comes from people who work the earth.
Archivists at the Oregon Wine History Archive at Linfield College deal with dust every day. Our goal is to document all aspects of the Oregon wine industry and preserve historical materials from all regions of the state, whether they are from winery or vineyard owners, growers, researchers, marketers or sellers.
Although the wine archive is less than two years old, it is already home to some of the biggest names in Oregon pinot noir, including Adelsheim, Amity, Erath, Eyrie, Ponzi, Sokol Blosser ...(Read Full Article)
Oregon's largest annual industry gathering, the Oregon Wine Industry Symposium, wrapped up at the end of February after two days of enology, business and viticulture sessions. Guest speakers contributed from a wide range of backgrounds - CEO to scientist, vineyard owner to olfactory educator. They shared their expertise and how it applied to growing the industry's success in marketing, research and winemaking.(Read Full Article)
Oregon Wine Board (OWB) staff members summarized the positive changes and growth that occurred in 2012. Oregon wine sales increased nationally by 6.4%, exceeding the overall US wine growth of 4.7%. The Board pinpointed more ...
California Cash Flows Into Northwest: Jackson Family Wines expected to purchase 1,100-plus acres in Willamette Valley
While foreign investment pours into California’s wine industry (see “Wine Investors Think Globally”), California cash is bound for the Pacific Northwest.
Sonoma County’s Jackson Family Wines is declining to comment, but reports indicate that the company has gone firm on the purchase of more than 1,100 acres west of Salem in Oregon’s Willamette Valley from institutional investment firm Commonfund of Wilton, Conn. The purchase has yet to close.
The development follows a second investment by San Francisco-based Bacchus Capital Management LLC in Joe Dobbes’ venture Wine by Joe. Bacchus’ investment, announced last month, follows an initial ...(Read Full Article)
Tom Danowski, executive director at the Oregon Wine Board, declined to provide information because the deal was not yet finalized. “You never how it will turn out, but overall it should be real positive,” Danowski said. “They've been very diligent and I think(Read Full Article)
Willamette Valley’s pioneering ¡Salud! program illustrates the power of passion, pinot and people. ¡Salud!’s mission is simple: provide quality health care services to seasonal vineyard workers — the only program of its kind in the nation. ¡Salud! derives its name from the traditional Spanish toast meaning “To Your Health,” and began in 1991 as a collaboration between Tuality Heathcare doctors and Oregon wine makers wanting to help the migrant worker community.
Recently Palate Press sat down to discuss ¡Salud!’s success with founding member Nancy Ponzi of Ponzi ...(Read Full Article)
- The wine-grape factory that is the Eola Hills is buzzing with word that a major California wine producer is buying vineyards in the area with an eye toward significant future investments.If it's true, the infusion of cash and acclaim could represent the biggest bump for Oregon's $2.7 billion commercial wine industry since Robert Drouhin startled the wine world a quarter century ago by being the first French investor in the state's viticultural future.Wine writers for the past two weeks have been chasing information that Jackson Family Wines, the Napa-based owner of Kendall Jackson, LaCrema ...(Read Full Article)
Wine and cider enthusiasts are one step closer to getting to take home their favorite pours in growlers.
A bill to allow what's been dubbed wine "growliers" cleared the House Wednesday and heads to the Senate.
Growlers are already popular with beer drinkers, and state winemakers are pushing House Bill 2443 as a way to expand wine sales and embrace changes in consumer tastes. If approved, wine buyers would be able to bring or buy reusable containers up to two gallons and fill them directly from kegs at stores, taverns and restaurants.
(Read Full Article)
The practice currently is allowed only at ...
At the northern tip of Umpqua Valley AVA in Southern Oregon, Elkton has always been different. Marine air moving up the Umpqua River drainage drives a cool climate impact the rest of the region just does not experience. Pinot Noir has taken great liking to this region, along with several other cool climate whites. It now has it's own moniker to define the wine diversity.
It has not been that long since Oregon dove into serious winemaking, going back to the 1960’s when pioneers such as Richard Sommers, Chuck Coury, David Lett, Dick Erath and others started. About ...(Read Full Article)