MGP Ingredients, Inc. (MGPI)
NASDAQ: MGPI · Real-Time Price · USD
46.47
+0.95 (2.09%)
At close: Nov 4, 2024, 4:00 PM
46.50
+0.03 (0.06%)
After-hours: Nov 4, 2024, 7:01 PM EST

Company Description

MGP Ingredients, Inc., together with its subsidiaries, engages in the production and supply of distilled spirits, branded spirits, and food ingredients in the United States and internationally.

The company operates through three segments: Distillery Solutions; Branded Spirits; and Ingredient Solutions.

The Distillery Solutions segment provides food grade alcohol for beverage applications that include bourbon, rye, whiskeys, as well as grain neutral spirits, include vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in food products, personal care products, cleaning solutions, pharmaceuticals, and various other products.

This segment also offers distillery co-products, such as dried distillers’ grain, fuel-grade alcohol for blending with gasoline, and corn oil; and provides warehouse services, including barrel put away, barrel storage, and barrel retrieval services, as well as blending services.

The Branded Spirits segment provides premium plus, ultra-premium, super premium, premium, mid, and value branded distilled spirits, as well as private label products.

The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym, Resistant Starch series, and FiberRite RW Resistant Starch names; specialty wheat proteins for food applications under the Arise and Proterra names; gluten-free textured pea proteins; commodity wheat starch for food and non-food applications; and commodity wheat proteins.

It sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries.

The company was founded in 1941 and is based in Atchison, Kansas.

MGP Ingredients, Inc.
MGP Ingredients logo
Country United States
Founded 1941
IPO Date Oct 20, 1988
Industry Beverages - Wineries & Distilleries
Sector Consumer Staples
Employees 705
CEO David Bratcher

Contact Details

Address:
100 Commercial Street, PO Box 130
Atchison, Kansas 66002
United States
Phone 913 367 1480
Website mgpingredients.com

Stock Details

Ticker Symbol MGPI
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000835011
CUSIP Number 55303J106
ISIN Number US55303J1060
Employer ID 48-0531200
SIC Code 5180

Key Executives

Name Position
David S. Bratcher Chief Executive Officer, President and Director
Brandon M. Gall Vice President of Finance, Chief Financial Officer and Treasurer
Amel Pasagic Vice President and Chief Commercial Officer
David Colyott Executive Vice President of Operations
Dr. Clodualdo Maningat Chief Science Officer and Vice President of Ingredients Research and Development
Amit Sharma C.F.A. Vice President of Investor Relations

Latest SEC Filings

Date Type Title
Nov 1, 2024 144 Filing
Nov 1, 2024 144 Filing
Oct 31, 2024 10-Q Quarterly Report
Oct 31, 2024 8-K Current Report
Oct 21, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Oct 17, 2024 8-K Current Report
Oct 1, 2024 144 Filing
Oct 1, 2024 144 Filing
Oct 1, 2024 144 Filing
Oct 1, 2024 144 Filing