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April 2005
Forty Investors Partner to Form One Niagara Winery
In the previously undeveloped U.S. side of the Niagara Peninsula, a new winery is born.
by Mort Hochstein
The bountiful picnics that came with ownership of shares in California's Chalone Wine Group often held more attraction for investors than the far off prospect of a return on their money. The annual blowout was just one of a cornucopia of benefits that included discounts on purchases from Chalone and other wineries in the group, VIP tours and shareholder dinners. You can do that sort of thing if you're large enough and your winery is located in la-la land. But how do you attract and satisfy in...
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