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  Daily News for Tuesday, November 13th
How to Calculate Winery Value

Seminar offers winery and vineyard owners ways to maximize assets.

Announcing Wine Enthusiast's 2012 Wine Star Award Winners
The leading magazine in wine lifestyle names the 2012 luminaries of the wine industry and reveals a new category
People News Recap from 10/29 -- 11/9
Wine industry people on the move from October 29 to November 9
Adams Co. Winery adds new winemaker - Michael Vorauer
A cellar master and winemaker since 1983, Vorauer's wines have garnered 35 medals for 12 different wines in the past two years, including two Double-Gold, three Gold, Best of Show, and other awards.
Railex train traffic may double
Railex's $20 million wine storage and distribution center near Wallula is a beehive of activity as workers finish pouring the floor and installing the roof of the 500,000-square-foot building
Drinking in the Dark
There haven't been many ways to find comfort during Sandy or its seemingly never-ending aftermath, but for many wine drinkers around Greater New York some solace could be found in a bottle (or two).
Foley acquires Lancaster Estate winery
The deal, which is set to close Wednesday, includes the 12,000-case-a-year Lancaster Estate and 35,000-case-a-year Roth Estate brands, the Chalk Hill Road winery and tasting room, 6,000-square-foot guest house, 42 acres of existing mostly Bordeaux-variety vines, mainly Cabernet Sauvignon, according to Mr. Foley.
Bordeaux's Haut-Brion Buys Neighbor
Domaine Allary Haut-Brion was a longtime source of grapes for the first-growth.
Naked Wines Australia gives young label-less winemakers a leg up online
Naked Wines Australia, the local arm of the UK-based online retailer founded by Richard Branson's former righthand man Rowan Gormley, hopes to have 6,000 investors online by Christmas.
Lenders see uptick in wine industry demand
The increases have been supported by a wave of mergers and acquisitions, both by investors and by wineries seeking to own vineyards and secure their supply chain, lenders said.
Viansa's NY investor seeks greater stake in its success
Nearly five years after taking over cash-strapped Viansa Winery & Marketplace in Sonoma Valley, a New York-based hedge fund is considering a buyout offer from a former executive who quickly returned Viansa to profitably and has been running it since.
Organic winemaking emerging in Chile
Alvaro Espinoza has been at the helm of the Chilean biodynamic movement, which he helped kickstart more than a decade ago when he joined Emiliana to implement its organic program.
The Week in Sonoma: Nov. 12-18
A quick list of upcoming Sonoma events
Two Weeks After Sandy, Can New York's Red Hook Winery Be Saved?
The winery is located right over the water, nearly at the end of Pier 41 and was completely exposed with no buffers from high winds. Red Hook is still without power, numerous renovations are needed and its insurance will not cover loss from flooding.
Techie twist to winemaking; 'vegetational Pompeii' portrays Earth before dinosaurs
In California's wine country, a land of grape whisperers, a couple of "vine nerds" are implementing computer technology to manage how a vine is planted, pruned, watered and harvested.
North Coast winegrape harvest could be biggest in seven years
$100 million more in grape revenue than last year possible for Sonoma alone
New Zealand expert exposes wine discounting ruses
Wine writer Michael Cooper says that vineyards will launch a wine at $23 when it's really a $15 wine, retailers will discount it to that level and believing it to be a bargain, shoppers will buy it.
Bank paints rosy view of Canadian wine biz
BMO Capital Markets predicts that Canadian wineries, which saw an average growth rate of 3.1 percent last year, will have a bright future thanks to growing wine sales.
Mystique Winery & Vineyard to debut in Lynnville, Indiana
The winery is the brainchild of Patti Clutter, who along with her sons Seth and Zeb, planted their first vines of Niagra, Steuben, Vignoles and Chambourcin grapes in 2009.
Laithwaite's to expand Turkish wine offering following EWBC
Laithwaite's Wine is keen to expand its Turkish wine offering on the back of the European Wine Bloggers Conference which took place in Izmir over the weekend.
Waverley collapse leaves U.K. drinks trade short £40.5 million
Drinks distributor WaverleyTBS collapsed owing £64.6 million to unsecured creditors, with trade creditors facing losses of £40.5 million.
Neal Martin promises new perspective on Pomerol
Wine writer Neal Martin is about to launch his first book, called Pomerol, which he has published himself after three year's intensive research.
Louis Vuitton family launches wine for the Chinese palate
Louis Vuitton's founding family has launched XLV, a range of wines specifically tailored to the Chinese palate.
California 2012 'outstanding'
Winemakers in California are hailing the 2012 harvest as 'outstanding', with early estimates suggesting it could be a near-record crop at 3.7 million tons.
BevMo! Opens New Store in Santa Maria
As the 130th BevMo! serving California, Arizona and Washington, the new 10,000 square foot location will feature a selection of more than 1,695 wines, 1,690 spirits, 1,560 beers and hundreds of gourmet food items, cocktail mixers, glassware, bar accessories and more.
Chardonnay: Australia answers back
Sometimes it seems the world of wine is riddled with more lazy stereotyping than any other: German wine is always sweet, rosé is for girlies, all wines improve with age, and so on.
Foncalieu buys Château Haut-Gléon
Southern French co-operative union Les Vignobles Foncalieu has acquired well-regarded Corbieres estate Chateau Haut-Gleon for an undisclosed sum
Washington: Liquor update: Some stores still abuzz, others struggling
Five months after Washington state transferred liquor sales to the private sector on June 1, business opinions are mixed about whether adding alcohol products has benefited their bottom line.
Flavor! Napa Valley kicks off
The inaugural 2011 Flavor conference attracted approximately 3,000 food and wine enthusiasts and raised $60,000 for the scholarship program at the Culinary Institute of America at Greystone
PR: BevMo! Opens New Store in Santa Maria Just in Time for Thanksgiving
Opening weekend festivities include tastings of wine, beer and gourmet food; First 500 shoppers in line before 9 a.m. to receive gift bag valued at $50
Australian Made wine in the Chinese Century
Last year Penfolds released its most expensive wine ever, the Bin 620 cabernet shiraz blend.
Diageo Celebrates Grand Opening of Relay, Maryland Blending and Packaging Facility
More Than $50 Million Invested in Relay Operations, More Than $250 Million Invested in North America Supply Since 2010
Resveratrol From Red Wine Grapes Could Help Kill Prostate Tumor Cells
The latest research by a University of Missouri scientists found that the compound can make prostate tumor cells more susceptible to radiation treatment, helping to increase a full recovery from all types of prostate cancer.
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