The Duckhorn Portfolio, Inc. has entered into a definitive agreement to acquire Sonoma-Cutrer Vineyards, Crimson Wine Group announces plans to reduce bottle weight, and more in Napa Valley Wine Press.
Napa's Portocork is one of the world's largest suppliers of corks for the North American wine industry; importing many cork filled containers from Portugal to The Port of Oakland. But supply chain issues continue to plague this and all other industries.
Napa Valley's business leaders are feeling a "tremendous hit" as they struggle to meet high wine demand amid rising shipping costs and multiple supply shortages.
California's wine industry makes a $45 billion contribution to the Golden State's economy. But supply chain issues, have plagued this marquee industry as never before; forcing the entire industry to over purchase and squirrel away essential components for the products they sell without breaking the consumers' bank.
Bay Area businesses hit hard by broken supply chain and port disarray ktvu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ktvu.com Daily Mail and Mail on Sunday newspapers.