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United States

Profile: MGP Ingredients Inc (MGPI.OQ)

MGPI.OQ on NASDAQ Stock Exchange Global Select Market

73.03USD
22 Nov 2017
Change (% chg)

$-0.14 (-0.19%)
Prev Close
$73.17
Open
$73.31
Day's High
$73.94
Day's Low
$72.21
Volume
51,680
Avg. Vol
48,641
52-wk High
$77.75
52-wk Low
$41.16

MGP Ingredients, Inc., incorporated on October 18, 2011, is a producer and supplier of distilled spirits, and specialty wheat protein and starch food ingredients. The Company's distilled spirits include bourbon and rye whiskeys, and grain neutral spirits, including vodka and gin. The Company's segments include distillery products and ingredient solutions. The distillery products segment consists of food grade alcohol and distillery co-products, such as distillers feed and fuel grade alcohol. The ingredient solutions segment consists of specialty starches and proteins, commodity starches and commodity proteins. The distillery products segment also includes warehouse services, including barrel put away, barrel storage, and barrel retrieval services. The Company is also a producer of industrial alcohol for use in both food and non-food applications. The Company's distillery products are derived from corn and other grains (including rye, barley, wheat, barley malt and milo), and its ingredient products are derived from wheat flour.

The Company's bourbon is created by distilling grains, primarily corn. The Company's whiskey is made from fermented grain mash, including rye and corn. Its gin is created by redistilling grain neutral spirits together with formulations of botanicals or botanical oils. The Company's George Remus brand portfolio consists of various expressions, such as George Remus Bourbon Whiskey, George Remus Rye Whiskey, and George Remus Limited Edition Rye Whiskey. The Company's vodka brand is Till American Wheat Vodka. Its Food grade industrial alcohol is used as an ingredient in foods (such as vinegar and food flavorings), personal care products (such as hair sprays and hand sanitizers), cleaning solutions, pharmaceuticals and a range of other products. Distillers feed is principally derived from the mash from alcohol processing operations. The Company markets its specialty wheat starches under the trademarks Fibersym Resistant Starch series, FiberRite RW Resistant Starch, Pregel Instant Starch series and Midsol Cook-up Starch series. Its specialty wheat proteins for food applications include products in the Arise, Optein and Trutex.

Company Address

MGP Ingredients Inc

1300 Main St
ATCHISON   KS   66002-2666
P: +1913.3671480

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