Lets Talk Finances

Provoking Discussion on Personal Finance and Investing

MGPI - MGP Ingredients, Inc. ()

Overview

Company Summary


MGP Ingredients, Inc. (MGPI) is a company primarily engaged in producing and selling specialty wheat proteins, starches, and other food ingredients. Headquartered in Atchison, Kansas, MGPI operates through two segments: Distillery Products and Ingredient Solutions.

The Distillery Products segment focuses on the production and sale of high-quality distilled spirits such as bourbon, rye, and vodka. They have a long history of expertise in distilling, with a reputation for producing superior spirits using traditional methods and high-quality ingredients.

In addition to spirits, MGPI also specializes in the production of various food-grade industrial alcohol and fuel-grade alcohol, which find application across a wide range of industries including beverage, pharmaceuticals, personal care, and energy.

The Ingredient Solutions segment is dedicated to producing and selling specialty wheat proteins, starches, and related co-products. These ingredients have diverse applications in the food, beverage, and nutrition industries. MGPI's wheat proteins, for example, act as functional additives, enhancing the texture, structure, and nutrition of processed foods and beverages. Their starches find use in various food applications, offering thickening, binding, and gelling properties to a wide range of products.

Furthermore, MGPI offers a comprehensive portfolio of specialty ingredients, including fibers, resistant starches, and vegan proteins, catering to the evolving market demands for healthier and more sustainable food options.

Overall, MGP Ingredients, Inc. is involved in the production and sale of distilled spirits, alcohol products used across industries, and specialty food ingredients that improve the quality and functionality of various food products in the market.

Notes (see all)

News