Word: krug
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...arena for bitter feuds made all the more painful by the fact that the disputants are of the same blood. For the past 30 years one of the most spectacular such feuds has pitted Robert Mondavi, now 64, against his brother Peter, 63, over the operation of the Charles Krug Winery, the oldest in California's Napa Valley. Their struggle came to a climax this year in a court battle interrupted by their mother's death. Now it is nearing a surprising conclusion: a California judge has ordered the profitable winery-it earned $3.5 million on sales...
...saga began in 1922, when Italian Immigrants Cesare and Rose Mondavi settled in Lodi, Calif., to start a grape-shipping business. In 1943, drawing on savings and bank loans, the Mondavis acquired the Charles Krug Winery, a dilapidated structure dating to 1861. To own it, the family formed a limited partnership, C. Mondavi & Sons, and later turned it into a corporation. Cesare, Rose, Robert and Peter each took 20%; Daughters Helen and Mary received 10% each. Cesare put Robert in charge and returned to grape shipping. When Peter got out of the Army Air Corps at the end of World...
GOAL draws attention to a study by Alan Krug a Penn State professor, which concludes that areas with low gun ownership rates do not have lower crime and murder rates. In fact, Krug finds the opposite. He writes, "States with a higher proportion of the population possessing firearms have lower serious crime rates than states with a lower proportion possessing firearms." He also ran individual regression analyses on the crimes of murder, assault, and robbery and found the same results. James Q. Wilson, Shattuck Professor of Government and a national crime expert, said last week there is no evidence that...
Such venerable California winemakers as Louis Martini, Krug, Heitz and Wente have long marketed excellent varietal wines. But their small northern coastal-county vineyards kept supplies low and prices relatively high. The race to mass-produce varietals began in the valley around 1970; statewide, by 1973 there were almost as many acres of wine vineyards planted but not yet producing (140,000)* as there were acres bearing fruit...
...divided among some 420 holdings by Uihleins, spouses, children and family trusts, but the biggest block-a bit more than 20% of the company, worth roughly $346 million-is under the control of Chairman and President Robert A. Uihlein Jr., 56, grandson of the nephew of Founder August Krug. Uihlein took over the company in 1961, when its rank in the beer business was slipping. He has revived it by bringing out new brands, building giant, highly efficient breweries that may cut production costs by 45%, and introducing a new fermentation process that speeds up the brewing cycle. Profits rose...