Friday, January 15, 2016

High-flying grapes?

Kendall-Jackson, a HUGE wine business in California, is buying the complex of buildings near McMinnville OR formerly owned by bankrupt Evergreen Aviation. Here is the story.

K-J has bought 1300 acres of wine land in that area in the past few years. That is quite a commitment to Willamette Valley wines. I think that with the expensive (some would say, vastly-overpriced) Pinots there, the gross margins in the wine business there, especially in the hands of a skilled large operator, would be quite high. Good luck to them!

Surprise, surprise! Insurance companies refuse to cover "smoke taint" in wine, from forest fires

Read this article about it. If Smoke taint is severe, it ruins a wine. Who knows whether the insurance companies specifically excluded sm...