Victor, NY, Dec 31, 2010 — Pop quiz: Where's the headquarters of the world's largest wine company? No, not Bordeaux. Not Napa, either.
Until last week, the correct answer would've been Victor, N.Y., just south of Rochester, and the company would've been Constellation Brands. But now the AP is reporting that E. & J. Gallo Winery of Modesto, Calif. holds that distinction.
That's after Constellation sold off the bulk of its money-losing Australian, British and South African holdings for $230 million.
Right as the evolving wine giant was pulling back abroad, The Innovation Trail's Zack Steward took a look at Constellation's growing place role in the local Finger Lakes wine economy. Go to full article