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About
MGP Ingredients, Inc. is a holding company, which engages in the manufacture and trade of food, beverage, and household products, through its subsidiaries. It operates through the Distillery Products and Ingredient Solutions segments. The Distillery Products segment involves in processing corn and grains into food grade alcohol, corn oil, fuel grade alcohol, and distillers feed. The Ingredient Solutions segment comprises of producing and distributing wheat starches and wheat proteins. The company was founded in 2011 and is headquartered in Atchison, KS. | |||
Description
MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. The company operates through two segments, Distillery Products and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including 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, as well as for various industrial processors. This segment also provides distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil; and warehouse services, including barrel put away, barrel storage, and barrel retrieval services. The Ingredient Solutions segment provides specialty wheat starches for food applications under the trademarks Fibersym Resistant Starch series, FiberRite RW Resistant Starch, Pregel Instant Starch series, and Midsol Cook-up Starch series; and specialty wheat proteins, commodity wheat starch, and commodity wheat proteins. It sells its products directly or through distributors to the manufacturers and processors of finished packaged goods or to bakeries primarily in the United States, Japan, Thailand, and Canada. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas. | |||
