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.
| 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 |
| 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 |
| Kathleen Molamphy | Vice President, General Counsel and Corporate Secretary |
| Greg Manis | Corporate Director of Communications |
| Fletcher R. Buchman | Vice President of Marketing |
| Erika L. Lapish | Vice President and Chief Human Resources Officer |
| Mark Davidson | Corporate Controller |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 19, 2024 | 144 | Filing |
| Nov 19, 2024 | 144 | Filing |
| Nov 12, 2024 | SCHEDULE 13G | Filing |
| Nov 12, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Nov 8, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| 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 |