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The soul of Indian Soil Carefully Crafted into our Boutique wines
Willamette Valley Vineyards Inc. has a market cap of $15.6 million; its shares were traded at around $3.1999 with a P/E ratio of 106.7 and P/S ratio of 0.9.

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Highlight of Business Operations: Introduction – Willamette Valley Vineyards, Inc. (the “Company” or WVV) was formed in May 1988 to produce and sell premium, super premium and ultra premium varietal wines (i.e., wine which sells at retail prices of $7 to $14, $14 to $20 and over $20 per 750 ml bottle, respectively). Willamette Valley Vineyards was originally established as a sole proprietorship by Oregon winegrower Jim Bernau in 1983. The Company is headquartered in Turner, Oregon, where the Company s Turner Vineyard and Winery are located on 90 acres of Company-owned land adjacent to Interstate 5, approximately two miles south of Salem, Oregon. The Company s wines are made from grapes grown on the 791 acres of vineyard owned, leased or contracted by the Company, and from grapes purchased from other nearby vineyards. The grapes are harvested, fermented and made into wine at the Company s Turner winery (the “Winery”) and the wines are sold principally under the Company s Willamette Valley Vineyards label. Willamette Valley Vineyards is the owner of Tualatin Estate Vineyards and Winery located on approximately 125 acres near Forest Grove, Oregon, and leases an additional 114 acres of vineyard land at the Forest Grove location.

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Products – Under its Willamette Valley Vineyards label, the Company produces and sells the following types of wine in 750 ml bottles: Pinot Noir, the brand s flagship and its largest selling varietal in 2010, $19 to $100 per bottle; Chardonnay, $16 to $20 per bottle; Pinot Gris, $15 to $18 per bottle; Riesling and Oregon Blossom (blush blend), $10 to $12 per bottle (all bottle prices included herein are the suggested retail prices). The Company s mission for this brand is to become the premier producer of Pinot Noir from the Pacific Northwest.

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The increase in total revenue is mainly due to increased sales to out-of-state distributors which improved over 9% as compared to 2009.  This income contribution from sales to out-of-state distributors suffered from reduced gross margins due to higher wine production costs and promotional allowances.  Oregon wholesale sales were down in 2010 due principally to a winery placement rotation out of one major retailer and as a consequence, gross profit suffered from the loss of these higher margin sales.  Retail sales increased over 12% as compared to the prior year.

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General and administrative expenses were higher in 2010 due to expenses for implementation of stronger inventory management and controls and staffing levels required by substantially higher local, state and federal regulatory requirements.

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"The good news is wine quality has never been higher with the lower yields on the '08 and '10 vintages", said Jim Bernau , winery founder and CEO.  The winery was recently named "Oregon Winery of the Year" by Wine Press Northwest Magazine.

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Special April events celebrate Michigan Wine Month The alarm clock is buzzing, as Michigan wineries wake up from a long winter's snooze.

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Now through May, workers will be pruning and tying vines in the vineyards, cranking up the bottling line for the 2010 whites and dusting off the tasting counters.

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And just like every other April 1, Gov. Rick Snyder will make it official that April is Michigan Wine Month, when state officials, wineries and restaurants celebrate the renaissance of Michigan wines.

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Washington’s youngest wine region is one of its most beautiful to visit and is producing exciting wines.

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For more than 40 years, the Oregon wine industry has specialized in Pinot Noir. Today, Oregon winemakers continue an often Quixotic quest to make the world’s greatest Pinot Noir, a variety considered by many to be the most noble of wine grapes.

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In the 1960s, winemakers and grape growers began to experiment with growing Pinot Noir in the cool Willamette Valley, a region that stretches from the Columbia River in the north to the city of Eugene in the south. Such pioneers as Dick Erath, Dick Ponzi and David Lett paved the way for today’s Oregon wine industry, which now comprises more than 300 producers.

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The online shopping comparison marketplace that helps you find discount shopping and compare prices on products and services in your city and around the country.

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Search our local business directory to find businesses in southwest Idaho. Find maps and driving directions. Read others' reviews, and submit your own.

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