TWE Reveals Plans for Former Diageo Brands

Late last night, TWE announced it is making changes to its supply and production network in the US in order to accommodate the Diageo wine brands it bought at the end of 2015. The primary changes include:-- Having the Beringer and Paso Robles facilities focus on luxury and masstige winemaking.-- Having both Diageo's former facilities, Sterling and Beaulieu, make luxury wines.-- Discontinue winemaking at Chateau St. Jean in Sonoma, moving the brand's production to Beringer winery. When asked what will