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MGP Ingredients

30.87
+0.16000.52%
Post-market: 30.870.00000.00%17:32 EDT
Volume:266.64K
Turnover:8.23M
Market Cap:656.62M
PE:19.82
High:31.44
Open:31.15
Low:30.38
Close:30.71
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Company Profile

Company Name:
MGP Ingredients
Exchange:
NASDAQ
Establishment Date:
1941
Employees:
660
Office Location:
100 Commercial Street,PO Box 130,Atchison,Kansas,United States
Zip Code:
66002
Fax:
- -
Introduction:
MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, branded spirits, and food ingredients in the United States and internationally. It 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 and rye, whiskeys, as well as grain neutral spirits, include vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products. This segment also provides fuel-grade alcohol for blending with gasoline; distillers feed and related co-products, such as distillers feed and corn oil; and warehouse services, include barrel put away, storage, and retrieval, as well as blending services. The Branded Spirits segment provides ultra-premium, super premium, premium, mid, and value branded distilled spirits. 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. The company sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.

Directors

Name
Position
Augustus C. Griffin
Director, President and Chief Executive Officer
Anthony P. Foglio
Director
Daryl R. Schaller
Director
David J. Colo
Director
George W. Page, Jr.
Director
John P. Bridendall
Director
Karen Seaberg
Director
M. Jeannine Strandjord
Director
Terrence P. Dunn
Director

Shareholders

Name
Position
Augustus C. Griffin
Director, President and Chief Executive Officer
Thomas K. Pigott
Vice President, Finance and Chief Financial Officer
Andrew P. Mansinne
Vice President, Brands
David E. Dykstra
Vice President, Alcohol Sales and Marketing
David E. Rindom
Vice President and Chief Administrative Officer
Michael R. Buttshaw
Vice President, Ingredient Sales and Marketing
Stephen J. Glaser
Vice President, Production and Engineering