MGP Ingredients Inc
mgpingredients.comMGP Ingredients Inc (NASDAQ: MGPI) is a distilled spirits and ingredient solutions company that produces and sells whiskey, bourbon, and other distilled spirits alongside food-grade alcohol and specialty proteins and starches. The company generates revenue through transactional sales across two primary business lines: distillery products, which include aged and new distillate sold to other spirits brands and its own branded portfolio, and ingredient solutions, which supply industrial and food customers with wheat proteins and starches. MGP was incorporated in 2011 in Kansas, continuing a business originally founded by Cloud L. Cray, Sr. in Atchison, Kansas in 1941. The company operates as both a bulk supplier of distilled spirits to third-party brands and a branded spirits producer in its own right, giving it a dual role in the whiskey value chain.
Products & Services
Whiskey, bourbon, and other distilled spirits (new and aged distillate); branded spirits portfolio; food-grade alcohol; wheat proteins; wheat starches; specialty ingredients.
Revenue Model
Transactional sales of distilled spirits (bulk and branded) and food-grade ingredient products, with revenue recognized on product shipment or delivery.
Customers & Markets
Third-party spirits brands purchasing bulk distillate; food and industrial manufacturers purchasing specialty proteins and starches; end consumers via branded spirits portfolio.
Geographic Exposure
Headquartered in Atchison, Kansas; filing does not provide specific geographic revenue breakdown in the excerpts provided.
Financial Snapshot
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