AUSTIN, Texas, July 11, 2019 /PRNewswire/ -- Family-owned
wine and spirits wholesalers in Texas deliver wine and spirits from every
corner of the world to local restaurants, bars and stores— and are
a major economic engine in the state, according to new data.
Wholesalers in Texas employ 6,400
employees who earn $588 million in
wages each year as part of an industry that generates $2.49 billion in Texas state tax revenue each year. Since 2016,
wholesaler jobs in Texas have
increased nearly 40 percent and collective wages paid have
increased by more than $135
million.
"Texas wine and spirits
wholesalers are helping to fuel outstanding economic industry
growth driven by consumers who are demanding a wide variety of
product that is accessible, priced right and most of all safe and
authentic," said Tom Cole,
President and Chief Executive Officer of Republic National
Distributing Company and Vice President of WSWA Executive
Committee. "Wholesalers are enabling brands of all sizes to
efficiently get to the marketplace, and pass the savings onto
consumers, in a competitive market," he added.
Responsible wholesale practices save Texas' government money by accurately and
efficiently collecting and remitting more than $100 million in state excise taxes. As a reliable
and cost-effective system of revenue collection that benefit
Texans, wholesalers have helped to identify tax evaders who
undercut local businesses and deprive local communities of funding
for schools, law enforcement, and public safety
initiatives.
"Wine and spirits wholesalers have never been so significant to
Texas. Wholesalers reinforce their vital role by meeting
consumer demand with unprecedented choice across the product
spectrum, tirelessly serving restaurants, bars and retailers
looking to diversify their offering, and playing a vital role in
promoting community safety and responsibility," said Barkley
Stuart, Executive Vice President of Southern Glazer's Wine &
Spirits and Immediate Past Chairman of WSWA.
"Smart and effective regulation in Texas has allowed wine and spirits wholesalers
to grow, increasing their workforce by nearly 40
percent and wages paid to these Texans by more than
$135 million over two years," said
Ricky Knox, President, Wine and
Spirits Wholesalers of Texas.
"The regulatory structure of producers, wholesalers, and retailers
benefits the state through $100
million in state excise tax collection, but also benefits
consumers by ensuring they have a robust selection of unaltered
products."
For more data on Texas wine and
spirits wholesalers, and to search by congressional district, state
senate district, or state house district, click here. WSWA's
industry economic impact analysis and ongoing studies are prepared
by John Dunham & Associates
based in Brooklyn, N.Y.
WSWA is the national trade association representing the
wholesale tier of the wine and spirits industry, dedicated to
advancing the interests and independence of wholesalers,
distributors and brokers of wine and spirits. Founded in 1943, WSWA
has more than 370 member companies in all 50 states and the
District of Columbia, and its
members distribute more than 80 percent of all wine and spirits
sold at wholesale in the U.S.
Contact: Michael Bilello,
202-243-7506
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SOURCE Wine & Spirits Wholesalers of America