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6 W i n e s & V i n e s s e P T e M B e R 2 0 1 4 S E P T E M B E R — W I N E I N D U S T R Y F I N A N C E I S S U E 76 D E P A R T M E N T S Contributors 4 Editor's Letter 8 Soaking Up the Financial Sunshine. By Jim Gordon Wine Industry Metrics 10 Metrics Growth Steady as Har- vest Arrives; Chardonnay at No. 1, While Cabernet Gains; Flash Offers Up in 2014. Top Stories 14 Treasury May Finally Be Sold; Drought Worsens Despite Rain. In the News 18 Wineries Involved in River Re- pair; Vineyard Mechanization at Fresno State; Wastewater Treatment at Canadian Winer- ies; Spanish for Harvest; Labor Department Fines Contractor. Product News 28 Faces & Forums 30 Central Coast Hosts Bloggers; Organic Growing in Napa. Vineyard View 32 Use of Biochar in Vine- yards. By Cliff Ohmart Postmodern Winemaking 36 Four White Wine Methods. By Clark Smith Advertisers' Index 80 Viewpoint 82 A Case for 'Suggested Restau- rant Price.' By Josh Moser News from Eastern North America 71 Can Wine and Natural Gas Coexist? New Start After Fire. W I N E E A S T I N W I N E S & V I N E S Finance Outlook Gets Sunnier 38 The caveats of a year ago are gone, and more play- ers are interested in lending to the wine industry. C O V E R S T O R Y 154 C O V E R I N G N O R T H A M E R I C A REGIONS FEATURED IN THIS ISSUE Appassimento in Ontario 73 Italian winemaking tradition gets a Canadian twist. PD in Texas and Missouri 76 Researchers present latest information about disease. England to Host Symposium 56 Cool-climate event in Brighton planned for 2016. New Digital Frontier: .wine 58 IP attorney looks at proposed Internet domains. Gravity Flow at Alexana Winery 60 Revanas expand business to Willamette Valley. Is Terroir Viticulturist Influence? 68 Grower contributions to wine deserve recognition. Resistant Vineyard Weeds 52 Problems in British Columbia, Napa and beyond. G R A P E G R O W I N G What Finance Insiders Think 40 Panel of wine industry experts looks at trends, deals and interest rates. Plus, review Wines & Vines' Top 20 Finance Companies on page 44. Reflections from David Freed 46 Reviewing strategies of vineyard investment firms. Interview: Charles Banks 49 How Terroir Capital founder chooses investments. F I N A N C E 32 49 NORTHWEST CENTRAL CALIFORNIA EAST ILLUSTRATION: keVIN D. BROWN / INFOGRAPHIC © ReD GARNeR FReD LYON