Business owners, particularly the wine industry that makes up a significant proportion of the North Coast economy, need to pay attention to major health care insurance, tax and estate law changes this year to avoid steep noncompliance penalties and mitigate significant tax increases, according to local tax-planning and insurance experts.
The current debt-to-equity ratio, 0.40, is low and is below the industry average, implying that there has been successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.90 is somewhat weak and could be cause for future problems.
A Napa County Superior Court judge has ordered a winery in Wooden Valley to stop offering wine tastings and other operations until further notice. Judge J. Michael Byrne on Thursday ordered Frank and Karen Altamura of Altamura Winery to obtain their necessary permits from Napa County officials.
In this second part of our interview with Bill Terlato, the Terlato Wine Group president discusses plans to set up a dedicated U.S. spirits unit, joining fellow wine marketers E.&.J Gallo, The Wine Group, Trinchero Family Estates and Deutsch Family Wine & Spirits, all of which have also been delving more deeply into spirits of late
Madrigal Family Winery, a Napa Valley-based winery known for its vineyards and agricultural legacy, is to use the capital offered by Bacchus Capital Management, a private equity firm providing strategic capital in the wine industry, to expand business.
The architect behind Calgary's Peace Bridge is being asked to pay for a leaky winery roof. Spanish architect Santiago Calatrava has been asked by Ysios winery to fix the undulating roof, after it has repeatedly failed to keep out water.
In the wine business one good review can mean a lot of money. Now, one of the most prominent wine writers in the Northwest is getting into the wine business himself. And that's agitated some in the industry.
The second Blanc Du Bois Symposium in Texas, presented by the Austin County Grape Growers Committee, the Texas A&M AgriLife Extension Service and the Texas Wine and Grape Growers Association, will take place from 8:30 a.m.-4 p.m. May 10 in Cat Spring.
Shipments of wine directly to consumers from wineries in Napa and Sonoma counties, accounting for 69 percent of such shipments from U.S. sources, last year grew at 8.0 percent and 10.1 percent in value, respectively, helping push U.S. winery-to-consumer shipment value past that of wine exports for the first time, according to a new study.
Terlato Wine Group enjoyed 18% sales growth in 2012, leveraging a portfolio that includes flagship Santa Margherita-which is now above 600,000 cases in the U.S. market-as well as prominent labels like Italy's Gaja, France's M. Chapoutier and Bollinger and California's Markham and Chimney Rock.
Who says you need cash or expertise to start a business? Bonnie Harvey and Michael Houlihan said they lacked those two things, but have managed to create one of the country's fastest-growing wine brands.
Canadian history is filled with tales of protected industries destined for oblivion because of free trade, foreign threats or lost subsidies. But the worst-case scenario rarely plays out as predicted. Consider two prominent examples from the past quarter-century: the advent of free trade for Ontario's wine industry and the end of the subsidized freight rates for Western grain farmers.
Given continued uncertainties around immigration policy in Washington and Sacramento and the budding of a 2013 crop that could be decent-sized, North Coast winegrape growers are looking for ways to stretch labor farther so they aren't as short-handed as a number were during the record-volume 2012 season.
Gov. Bob McDonnell announced the agreement between Chateau Morrisette in Floyd County and the Tianjin Commodity Exchange Company on Monday. McDonnell is leading a job creation and economic development marketing mission to China, Japan and California.
Vintners and growers of winegrapes often emphasize the value of vineyard terroir, a French term for the contributions of the distinctiveness of a certain location in wine quality. Yet what's not often realized is what boosts the prestige of vineyards in one area over those in another also can be a big bonus in tax savings.
Southern California's major water agencies would control a joint powers authority to build two massive, 35-mile long tunnels to siphon water away from the Sacramento River before it could naturally flow into the Delta, the Sacramento Bee newspaper says.