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2012 could bring more grape contracts, vineyard sales
January 2nd, 2012Unless the global and U.S. economies weaken, wine industry experts predict 2012 could be the year of the vineyard, considering a number of fine wine producers have worked through ample inventories, wine sales continue to grow and few new vines are going into the ground.
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Difficult 2011 harvest not having big lending impact
November 14th, 2011The cold 2011 season and wet harvest dampened North Coast crop yields by as much as one-third from norms by early estimates, and lenders are closely observing grower ability to make payments on crop and other loans with fewer tons to sell and higher vineyard-management costs.
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Report: Fine wine sales to grow 11% to 15% in 2011
April 27th, 2011The fine wine segment of the industry is at the beginning of a “long-term, steady growth phase,” with sales of such wines forecast to grow 11 percent to 15 percent from last year and wineries enjoying “marginally improving profitability,” according to a report released this morning by Silicon Valley Bank.
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Business cluster sets investor summit
November 8th, 2010ROHNERT PARK – High-end cabernet and cars will be sideshows at the second North Bay Investor Summit, an event its sponsors hope will attract capital to aspiring startups in the area.
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Cash-positive, ‘marquee’ wine assets dominate industry M&A
August 30th, 2010North Coast “marquee” wine labels and cash-flowing brands and other assets are more dominant in the deals getting done these days than discount transactions on troubled assets, according to a top wine industry transaction adviser.
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Bank earnings: Summit, Silicon Valley, AltaPacific
May 10th, 2010NORTH BAY – Summit State Bank in Santa Rosa reported net income of $540,000 for the first quarter. That is a decrease of $307,000 from the $847,000 reported the same quarter last year.
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Bank study sees 2010 improvement for wine
May 3rd, 2010NORTH COAST — The high-end part of the wine industry will start to recover by the end of this year, with revenue growth this year for wines retailing for more than $20 a bottle of 8 percent to 12 percent from that of last year, according to an economic forecast released today by Silicon Valley Bank.
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Spotlight: Leaders in Commercial Banking
March 22nd, 2010(Listed alphabetically by name)
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Banking & Finance: Bank study sees more – and more creative – online wine marketing
March 1st, 2010Economy increases role of direct sales; buying on Facebook?
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Most Influential Leaders in the North Bay: Jim Adams, Rachel Dollar, Rob McMillan, Al Coppin, Daniel Duckhorn, Mark Ihde, Stan Mead, Dave Siembieda, Iver Skavdal
February 8th, 2010Last August when we published our first group of Most Influential Leaders in the North Bay, we promised we would bring you more of their stories. We honor that pledge today and promise to bring you more of the inspiring stories of business people in future editions.
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Most Influential Leaders: Rob McMillan
February 8th, 2010Executive Vice President and Wine Division Founder, Silicon Valley Bank
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Healdsburg breaks ground on green, affordable rental housing
June 22nd, 2009HEALDSBURG – Healdsburg Family Housing held a ceremonial ground-breaking for an affordable and green housing development on its site near downtown Healdsburg Wednesday.
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NBBJ Insider blog- Occupy Santa Rosa vs. Exchange Bank: The wrong target December 9, 2011
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