Canandaigua Wine Announces Plans To Expand Division Headquarters In Ontario County
Canandaigua, NY – May 14, 2002 -- Canandaigua Wine, a division of Constellation Brands, Inc., announces plans to expand its headquarters in Canandaigua, New York. In addition to constructing a two-story, 42,000 square foot building expansion, the Company will convert space in the lower level of its existing building to office use.
The expanded Division headquarters will provide workspace for 115 employees now working at other locations in Canandaigua and will bring together more than 200 current employees in one location. Company officials anticipate that construction on the project will be completed by spring 2003.
"We are pleased to move forward with plans for expanding our Division headquarters," said Jon Moramarco, president and chief executive officer of Canandaigua Wine. "This initiative reflects our commitment to Ontario County and the City of Canandaigua, where our company was founded in 1945. By expanding Division headquarters, we can enhance daily business operations and provide a better working environment for Canandaigua Wine employees."
The expansion and other related improvements, including equipment and office furniture, will cost approximately $5.5 million dollars. Canandaigua Wine is finalizing further details about its headquarters expansion, including its construction timeline.
The decision to move forward with the office expansion followed site plan approvals by the City of Canandaigua Planning Commission and the Ontario County Planning Board. The Ontario County Office of Economic Development and Industrial Development Agency (IDA) also provided guidance during the planning process.
Canandaigua Wine, a division of Constellation Brands, Inc. (NYSE: STZ, STZ.B), is the second largest wine company in the world. Canandaigua Wine satisfies millions of consumers nationwide by providing quality wines for the enjoyment of everyday life. Canandaigua Wine produces, markets and sells more than 40 well known brands, including Alice White, Almaden Bag-in-the-Box, Arbor Mist, Columbia, Cook’s, Covey Run, Dunnewood, Inglenook, K Cider, Paul Masson Grande Amber Brandy, Talus and Vendange. Constellation is a leader in the production and marketing of beverage alcohol brands in North America and the United Kingdom and is a leading independent drinks wholesaler in the United Kingdom.
FOR FURTHER INFORMATION CONTACT: Lisa Farrell (585) 396-7167