Foreign Investment Group Buys More Acreage Of Local Vineyards - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Foreign Investment Group Buys More Acreage Of Local Vineyards

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This past weekend the Aquilini group added to their investment buying another 700 acres of vineyards in the Horse Heaven Hills. This past weekend the Aquilini group added to their investment buying another 700 acres of vineyards in the Horse Heaven Hills.

BENTON CITY, WA – A Canadian group made a major investment in Washington's wine industry last November purchasing hundreds of acres on Red Mountain. This past weekend the Aquilini group added to their investment buying another 700 acres of vineyards in the Horse Heaven Hills.

Some of the vineyards on Red Mountain have roots dating back decades. As the new group comes into town purchasing many of the available American Viticulture Area lots, their neighbors say they see this as an opportunity for everyone to grow.

"Our number one goal is the promotion of Red Mountain, Red Mountain reaching this status that it truthfully deserves," explained Boo Walker from Hedges Family Estate.

If you meet with the vineyard owners on Red Mountain many will tell you the wine industry is less of a competition and more of a comradery.

When we asked Walker whether growers and wine producers were scared of the mountain becoming more of a mass production rather than a destination he said, "We aren't. I'm pretty excited about it. Everybody at hedges is excited. They're large, but they're a class act."

The vineyard owners and growers we have spoken with say many of them have met the Aquilini family. They think the Canadians have a similar love of wine and grape growing that the Red Mountain family of vineyards all share.

"Absolutely they share the passion for it and I think we're going to find out very soon what they're philosophy is like and that is very important to us."

Vineyards like Hedges Family Estate already have established themselves. Walker told us he recently had dinner with the Aquilini family. He thinks their recent purchase of almost 700 acres in Horse Heaven Hills Appellation will function as their grape growing location until the group can plant on their undeveloped Red Mountain lots.

"Certainly this kind of power is a great thing and it's coming from someone outside the U.S. They own the Canucks, they've got some power. They can certainly help without a doubt."

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