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Treasury to Sell Asti Winery and Vineyards
 
03.31.2015
 
Historic winery with 2.5 million-case production capacity holds longstanding water rights, permit for hotel and restaurants
 
“treasury
 
Melbourne, Australia-based Treasury Wine Estates announced plans to sell the historic Asti Winery and surrounding property in Cloverdale, Calif.
Cloverdale, Calif.—Financially troubled Treasury Wine Estates (TWE) announced Monday it will sell the historic Asti Winery and its surrounding vineyards as part of cost-cutting efforts.
 
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Grape Advisors Seek to Expand Network
 
03.30.2015
 
Plans by grape and wine extension professionals include new journal
 
“extension”
 
National Viticulture and Enology Extension Leadership Conference 2015 hosts Matthew Hoffman of the Lodi Winegrape Commission (from left) and Jean-Mari Peltier of the National Grape and Wine Initiative meet with University of California Cooperative Extension vice provost Chris Greer.
Lodi, Calif.—Extension professionals assembled March 24-26 in Lodi to discuss new ways to deliver information and research to the grape and wine industry, and how to expand the extension network. The event, the National Viticulture and Enology Extension Leadership Conference (NVEELC), also provided a forum for the group to explore the issue of extension in transition (at both the national and state levels) and discussed future directions, including plans for a new professional journal.


 
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Wine Industry Metrics
 
Off-Premise Sales » Month   12 Months  
February 2015 $643 million
7%
$7,954 million
5%
February 2014 $601 million $7,560 million
     
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February 2015 $132 million
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February 2015 275
26%
238
16%
February 2014 219 206
     
 
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