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Constellation investing $20M in California operations

Rochester Business Journal
September 26, 2013

Constellation Brands Inc. is investing more than $20 million in several of its California wineries and vineyard operations to expand its growing, crushing, fermenting, storing and bottling capacities.

The Victor company attributed the investment to several factors, including increased demand for its brands, such as Rex Goliath, Black Box, Woodbridge by Robert Mondavi, Clos du Bois and Mark West wines.
 
"The need for more land, fermenters, tanks and bottling lines is a direct result of the success of our brands," said Jay Wright, president of the Wine and Spirits Division, in statement. "We see a bright future for our California brands and are committed to ensuring that we can meet consumer demand as we fulfill our mission to build brands that people love." 

The projects are in various stages of completion, with most expected to be completed by the end of 2013. Collectively, the projects represent a greater than $20 million investment, which is a part of the company`s planned capital expenditures for the year.

In addition to hiring local contractors and labor to support construction, development, installation and maintenance for each project, Constellation Bands said it will add 15 to 25 employees to accommodate the increased production and operations activities.

Constellation Brands is slated to release its second-quarter earnings Oct. 3.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 


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