Peter had 4 sons – and three ended up in the Port Trade – whereby his son Bartholomew showed the most passion for the Douro Valley and he is believed to be the first British wine merchant to have bought a property in the Douro. He started to get interested in the Douro wines – while his father had only traded in the wines coming closer from the coastal region in the Minho part of Portugal. While most shippers didn’t venture out into the interior of Portugal he wasn’t afraid to travel to the places where the wine was growing. Job established himself with the British merchants and it was his oldest son Peter that would continue with the business in Portugal and become even the British Consul in Viana do Castelo. Back then the action didn’t happen in Porto/Gaia but rather more to the North, in Viano do Castelo and Moncao. Let’s start at the very beginning – in 1692: Job Bearsly, owner of “The Ram Inn” in London, left his home-country and travelled to Portugal to buy wine. Taylor’s has become one of the more controversial Port Wine companies over the last decades. However, if you are too successful, then not everybody likes you – and that is also something that Taylor’s is experiencing. The strategy seems to be working very well.
They venture into the High-End-Tourism – and those are the people that also buy the High-End-Wines. The only other company that is able to keep more or less up with Taylor’s are the Symingtons – but what differentiates the companies currently is the complete focus of Taylor’s on the tourist boom that Portugal is experiencing since a few years. A major new undertaking in Gaia with investments between EUR 80 – 100 million will create the “World of Wine” – a very ambitious museum project that will change the face of Gaia forever.Opening the visitor center at Quinta da Roêda in Pinhão.Remodeling the Port Wine Lodge in Gaia and offering an amazing audio-tour.Buying the Infante do Sagres Hotel in Porto.Re-purchasing and remodeling the VINTAGE HOUSE in Pinhão.Issuing every year a Single Year harvest (Colheita) for people that turn 50 that year.Bottling the SCION, a very, very old Tawny of more than 150 years].Opening the wine-themes hotel THE YEATMAN in Gaia/Porto.Just looking at the achievements of Taylor’s over the last years, a few major points come to my mind: You don’t need to be a young start-up company to innovate – sometimes it is the old companies that invent themselves over and over again and are therefore very successful. It is amazing what this company has done over the last 325+ years. This article got quite lengthy… so here are the three main-points: Some people might even say that they are THE most important one – and if your last name isn’t Symington you might want to agree. Purchases made through this Amazon link help support this site.Taylor’s is one of the oldest Port Wine companies – and easily also one of the most important ones. Note: Books noticed on The New York Almanack have been provided by their publishers.
He is the author of Wine: The 8,000-Year-Old Story of the Wine Trade, The Complete Idiot’s Guide to Starting and Running a Winery and Timeless Bounty: Food and Wine in New York’s Finger Lakes. Pellechia is an independent journalist and writer who previously produced wine in the Finger Lakes and operated a wine shop in Manhattan. In addition to providing important lessons for business innovators, Over a Barrel is a cautionary tale for a wine region that is repeating its formative history.
Three more changes of corporate ownership followed until, in 1995, this once-dynamic and important wine producer was obliterated, tearing apart the local economy and changing a way of life that had lasted for nearly a century.ĭrawing on archival research as well as interviews with many of the principal players, Thomas Pellechia’s Over a Barrel: The Rise and Fall of New York’s Taylor Wine Company (SUNY Press, 2015) traces the economic dynamism of the Finger Lakes wine region, the passion and ingenuity of the Taylor family, and the shortsighted corporate takeover scenario that took down a once-proud American family company. Ranked sixth in domestic wine production and ripe for corporate takeover, the company was sold to Coca-Cola in 1977. in the Finger Lakes and took the company public. In 1962, the Taylor family purchased the Pleasant Valley Wine Co. Walter Taylor’s three sons carefully guided the company through Prohibition and beyond, making it the most important winery in the Northeast and profoundly affecting the people and community of Hammondsport, where the company was headquartered. Two years later, wine production was added, and by the 1920s, the Taylor Wine Company was firmly established.
In 1880, Walter Stephen Taylor, a cooper’s son, started a commercial grape juice company in New York’s Finger Lakes region.
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