MGP Ingredients, Inc. (MGPI) NASDAQ

Currency In USD

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MGP Ingredients, Inc.

Address

Cray Business Plaza

Atchison, KS 66002

United States of America (the)

Phone

913 367 1480

Sector

Consumer Defensive

Industry

Beverages - Wineries & Distilleries

Employees

617

First IPO Date

October 21, 1988

Key Executives

NameTitlePayYear Born
Julie FrancisChief Executive Officer, President & Director1.02M1972
Michael Rodger ButtshawPresident of Ingredient Solutions Sales387,2421963
Brandon GallChief Financial Officer & Treasurer1.08M1982
Kathleen MolamphyChief Legal and Human Resources Officer & Secretary01978
Paul T. LuxVice President of Sales for Distilling Solution0N/A
Sol ClahaneManaging Director of National Accounts0N/A
Chris WisemanSenior Vice President of Operations0N/A
Matias BentelChief Marketing Officer01976
Phillip LuxBrand Manager0N/A
Mark DavidsonCorporate Controller0N/A
Boon LeeSenior Vice President of Strategy & Insights0N/A
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Description

MGP Ingredients, Inc., founded in 1941 and headquartered in Atchison, Kansas, operates as a prominent manufacturer and supplier across three main business areas: distilled spirits, branded alcoholic beverages, and specialized food ingredients. The company's operations are structured around three core divisions: 1. Distillery Products: This segment is responsible for producing food-grade alcohol, which serves both beverage manufacturers—forming the base for products like bourbon, rye whiskeys, vodka, and gin—and industrial applications as a key ingredient in food items, personal care products, cleaning agents, and pharmaceuticals. It also manufactures fuel-grade ethanol for gasoline blending and extracts valuable co-products such as distillers feed and corn oil. Additionally, this division provides comprehensive warehousing services, including barrel storage, retrieval, and blending operations. 2. Branded Spirits: This division focuses on offering a diverse portfolio of proprietary distilled spirits, catering to various market tiers from ultra-premium and premium to mid-tier and value price points. 3. Ingredient Solutions: This segment supplies a variety of specialized components. These include specialty wheat starches for culinary applications, marketed under brands such as Fibersym, Resistant Starch, and FiberRite RW, as well as specialty wheat proteins, including Arise and Proterra, also for food use. The segment further provides gluten-free textured pea proteins, alongside commodity wheat starch and proteins for both food and industrial purposes. MGP Ingredients distributes its offerings either directly or through a network of distributors to manufacturers, processors of packaged goods, and bakeries. Its primary market footprint extends across the United States, the United Kingdom, Japan, Thailand, Mexico, and Canada.

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