Willamette Valley Vineyards has acquired three new vineyard sites

Food & Drink Weekly, Oct 6, 2008

Willamette Valley Vineyards has acquired three new vineyard sites. The Oregon-based winery said late last week that it has acquired the sites in the Willamette Valley, adjacent to its current operations. The vineyards, with a total up-front cost of $1.5 million, will require an additional $5 million to develop into producing vineyards.

The newly-acquired sites include15 acres at the Estate Vineyard south of Salem, 80 acres at the Elton Vineyard in Yamhill County and six acres at Tualatin Estate Vineyard near Forest Grove. Bernau has also secured an additional 102 acres adjacent to Elton Vineyards on a 34 year lease.