Issues of concern to people who live in the west: property rights, water rights, endangered species, livestock grazing, energy production, wilderness and western agriculture. Plus a few items on western history, western literature and the sport of rodeo... Frank DuBois served as the NM Secretary of Agriculture from 1988 to 2003. DuBois is a former legislative assistant to a U.S. Senator, a Deputy Assistant Secretary of Interior, and is the founder of the DuBois Rodeo Scholarship.
Friday, September 12, 2014
Napa wine industry sustains $80M damage from quake
Napa’s 6.0 earthquake in late August revealed at least two things
about California: seismic activity is part of life and humans can be
resilient. While estimates are quite
preliminary, Napa’s famed wine industry likely suffered between $70
million and $100 million in damage from the Aug. 24 temblor, according
to a report commissioned by the County of Napa and Napa County Vintners
Association, a non-profit trade association. The
report was issued by Silicon Valley Bank (SVB), the dominant lender to
the Napa wine industry and an expert on the global wine industry. The bank’s analysis of wine industry losses is extensive. It includes
damage to winery buildings and infrastructure such as waste water ponds
and private bridges, winemaking equipment, cleanup and removal costs,
vineyard irrigation, bottled inventory in current release, bottling
supplies, finished inventory ready for bottling, bulk wine, barrels,
lost revenue from damaged tasting rooms, losses from business
interruption, and loss of wine held in wine libraries...more
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1 comment:
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wine industry analysis
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