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California Winemaker Buys Brand from Bankrupt Tri-Cities Pacific Rim Winery
['John Mckay']
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CA Winemaker Buys the Brand from Bankrupt Pacific RimEarlier this year, citing changing consumer tastes, and decreasing shipments to its parent holder, Pacific Rim filed Chapter 11 and will liquidate all assets related to its operations at 8111 Keene Road in West Richland.
Pacific Rim Winery---google earth Pacific Rim Winery---google earthGet our free mobile appPacific Rim, founded in 1992 in California, moved to West Richland in 2007, and operated from its present location.
The label was known, according to the Tri-Cities Area Journal of Business, for its Silver Raven, Thick Skinned and Rainstorm lines, as well as its own Pacific Rim label.
WarRoom will not be assuming the physical property or assets of Pacific Rim, those will be sold to satisfy creditors.
According to the March court papers, Pacific Rim cited assets and debts in excess of $10 million.