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Article: Scheid Vineyards Inc. Announces 700-Acre Vineyard Development.

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PR Newswire
Article date:
December 28, 1998
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MARINA DEL REY, Calif., Dec. 28 /PRNewswire/ -- Scheid Vineyards Inc. (Nasdaq: SVIN) today announced the signing of a long-term lease for 700 acres in Monterey County which it will develop into vineyards in 1999.

Mr. Scott D. Scheid, Vice President & COO, stated, "We are very pleased to have finalized this new long-term lease for 700 acres in Monterey County. The location is superb and the site is only 2 miles from our vineyard headquarters, offering us good economies of scale. We intend to plant the entire 700 ...

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