Willamette Valley Vineyards, Inc. (WVV) produces and sells premium, super premium and ultra premium varietal wines. The Company operates in two segments: Produced Wine and Bacchus Distribution. Produced wine represents all Willamette Valley Vineyard branded wine which is produced at the winery. Bacchus distributes produces wine, purchased wine and glassware at wholesale prices to in-state customers. Its 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. WVV 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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