Invest in Wine - News

Wine distributor expanding in Lexington (The Times and Democrat)

COLUMBIA, S.C. -- The South Carolina Department of Commerce, Lexington County and the Central SC Alliance announced Monday that Republic National Distributing Company will expand its operations with a new facility in Lexington County. The company expects to invest more than $11.8 million in its new facility over the next five years.

4 Triple 5 closes its doors for good (Niagara This Week)

Lorenzo Medico came to see the building as a monster, a ship that needed to be filled to truly take flight. “4 Triple 5 was ahead of its time,” said Medico, former owner of the cafe and wine bar on Queen Street.

Quake puts dent in Chile's wine business (USA Today)

Devastation has struck most of the wineries in this valley and many more along the central-south region of Chile, which is home to 70% of the wine production in this country and which the quake hit hardest.

Food and wine jobs boost (Adelaide Now)

AN EXTRA 15,000 new jobs would be created in the food and wine industries over the next five years under a Labor Party plan to boost exports.

Fears Marlborough grape growers won't be able to cover costs (TVNZ)

There are fears Marlborough grape growers will not be able to cover their costs as the 2010 harvest is set to get underway

Quake puts big dent in Chile's wine business (USA Today)

The nation's largest wine growers association estimates that 12.5% of current production was destroyed, putting losses at $250 million.

Anat Shenker-Osorio: Handy Shortcuts for Economic Modeling Are Now Unchallenged Truths (The Huffington Post)

Note: Much appreciation to Rebecca Adamson who triggered me to tackle this topic. If you've muddled through microeconomics, you may recall kicking things off with...

Six arrested in Australian wine fraud (Decanter.com)

Fraud squad officers have arrested six people in connection with an Australian wine investment scam.

Quake puts dent in Chile's wine business (MalaysiaNews.net)

Several storage tanks cracked, dozens of barrels burst and hundreds of bottles shattered, releasing about 20,000 liters of red wine, said Jaime Araya, a manager at Bisquertt.

Fifty wine lovers ‘handed over up to £100,000 each’ in scam (Times Online)

Six people have been arrested in connection with a huge wine investment scam that has netted a gang more than £3 million in just over two months.