Kirkland Winery in a Sorry State

There is some bad news from the world of wineries. The Kirkland Ranch Winery has sadly been subjected to foreclosure. According to the reports of Wines & Vines, we have learned that the foreclosure proceedings on the Kirkland Winery have begun. It was an auction in December, which was unsuccessful in attracting any bidder to pay $22 million, which was the minimum bid. The winery has let most employees go but remains open with management filling in. After that, foreclosure followed.

The winery had surely come a long way since it began. At Kirkland, the producer of Syrah, Pinot Grigio, Sangiovese, and other wines had created a good reputation. A few years ago, Kirkland Winery filed Chapter 11 so that you can prevent a foreclosure auction. In 2007, it came out from bankruptcy protection

The Kirkland family established the winery sprawling over 57,000 square-feet of area, about ten years ago. The winery can process up to 200,000 gallons of wine every year.

via Luxist.com

Posted by Alison Gourdey on February 03, 2009 in Wine, Spirits & Liquids

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