38°F
weather icon Overcast

Pahrump Valley Winery expected to reopen under new owners, brand

Pahrump’s KPVM-TV is reporting that the Pahrump Valley Winery is closed for business as of Monday, Jan. 16.

Though the winery’s doors were open and employees were on site as of Tuesday, Jan. 17, the business is not serving food or alcohol. The winery is believed to be transitioning to new ownership, which plans to rebrand, restructure and reopen with a new name once it receives the proper licenses.

Financial woes

Last February, the Pahrump Valley Times reported that the parent company for Pahrump Valley Winery filed for bankruptcy.

Nevada Wine Cellars Inc., which operates the local winery at 3810 Winery Road, reported that it owed more than $1 million to its creditors, including $9,153 to the Nye County Treasurer’s Office, according to a document filed on Jan. 31, 2022 in a Las Vegas court.

Stemming the tide

Under Chapter 11 bankruptcy protections, the company is permitted to reorganize the debt it owes and restructure under new operating plans.

The company did not indicate in its filing, however, if it would submit a plan to continue to operate, or pursue a possible sale or closure of the winery and its facilities in Pahrump.

Licensing issues

In August of 2020, the winery’s liquor license was briefly revoked after county officials ruled that it had been operating without one following its sale to the new owners back in 2019.

At the time, John Hobbs was listed as president of Nevada Wine Cellars Inc., while Kathy Trout was listed as the company’s treasurer.

The Pahrump Valley Times reached out to Trout on Tuesday, but she was not available to talk about the matter.

Award-winning recognitions

In addition to its wine production and retail operations, Pahrump Valley Winery maintained an onsite restaurant and leased its facilities for weddings and other events.

The winery opened in 1990 and has won nearly 400 national wine medals since its founding.

In fall of 2018, Pahrump Valley Winery completed a $1.7 million expansion that added more than 7,000 square feet to its facilities.

The expansion also ushered in fully automated production and bottling, which increased production capacity of its local wines from 9,500 cases annually to a potential 40,000 cases.

This is a developing story.

Editor Brent Schanding contributed to this story.

Contact reporter Selwyn Harris at sharris@pvtimes.com. On Twitter: @pvtimes

Don't miss the big stories. Like us on Facebook.
THE LATEST
Cortez Masto takes aim at egg prices, price gouging

Nevada’s average price for a carton of eggs has surged to $6.07 at the end of 2022, while the national average is $4.25, according to Catherine Cortez Masto’s letter.

ICYMI: See the animals at the Nature Health Farms ‘fun’draiser

Nature Health Farms was the venue for plenty of amusement this past Saturday, with a bevy of activities and entertainment taking place during the farm’s 3rd Annual “Fun”draiser.

ROAD CONDITIONS: Mountain pass from Pahrump to Vegas icy, but open

Patches of ice were still causing issues for some travelers on Highway 160 early Tuesday morning between Pahrump and Las Vegas, but conditions are expected to improve as temperatues warm into the mid-40s by Wednesday.

Student internships available at Nevada National Security Site

Nevada National Security Site is operating a 40-hour student program which offers paid internships from May through August each year. Here’s what you need to know.

What to know about this year’s Lincoln Day Dinner

This February, members of the Grand Ol’ Party will come together for an evening of conservative-likemindedness during the 2023 Lincoln Day Dinner in Pahrump.

Human-trafficking: ‘The problem is very real’

And it’s often committed by people the victim is already familiar with or those they have met and become friendly with online, say those who see the impacts of human trafficking.