| Business Summary | | Willamette
Valley
Vineyards
Inc.
(Willamette)
produces
and
sells
premium,
super
premium
and
ultra
premium
varietal
wines.
Willamette
was
originally
established
as
a
sole
proprietorship
by
Oregon
winegrower
Jim
Bernau
in
1983.
The
Company's
wines
are
made
from
grapes
grown
at
its
vineyard
(the
Vineyard)
and
from
grapes
purchased
from
other
nearby
vineyards.
The
grapes
are
crushed,
fermented
and
made
into
wine
at
the
Company's
winery
(the
Winery)
and
the
wines
are
sold
principally
under
the
Willamette
Valley
Vineyards
label.
Williamette's
Vineyard
and
Winery
are
located
on
75
acres
of
Company-owned
land
adjacent
to
Interstate
5,
approximately
two
miles
south
of
Salem,
Oregon. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WVVI
owns
and
operates
vineyards
and
a
winery
located
in
Oregon,
which
produces
and
distributes
wines,
primarily
Pinot
Noir,
Chardonnay
and
Riesling.
For
the
three
months
ended
3/31/01,
revenues
rose
34%
to
$1.7
million.
Net
loss
fell
41%
to
$47
thousand.
Revenues
reflect
a
higher
focus
on
retail
performance
and
a
large
buy-in
by
customers
before
the
price
of
Riesling
was
increased.
Lower
loss
reflects
decreased
selling,
general
and
administrative
expenses
as
a
percentage
of
sales. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,519;
after
tax
earnings
were
-40. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Bernau, 47 Chairman
and Pres | $93K | James Ellis, 56 Sec.,
Director | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|