MGPI News and Press, MGP Ingredients Inc. From 07/13/23

2023-07-13 12:32:55 ET MGP Ingredients ( NASDAQ: MGPI ) announced on Thursday the planned closure of its distillery in Atchison, Kansas, with the anticipated closure date estimated to be January of 2024. The distillery is responsible for producing grain neutral spirits and ...

ATCHISON, Kan., July 13, 2023 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced the planned closure of its distillery in Atchison, Kansas, with the anticipated closure date es...

2023-07-12 08:42:33 ET Consumer prices rose 3.0% in June in comparison to last year to cool off from the 4.0% pace in May. Core CPI was up 4.8% year-over-year and was up 0.2% on a month-to-month basis to miss the consensus estimate of +0.3%. Overall, food prices were up 5.7% in June fro...

Penelope further strengthens MGP’s portfolio of premium-plus American Whiskey brands; Expected to be immediately accretive to Branded Spirits segment gross margin ATCHISON, Kan., June 01, 2023 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provid...

Lux Row Distillers reaches new heights with introduction of Ezra Brooks 99 Rye and reimagination of Ezra Brooks Bourbon Cream PR Newswire Latest Ezra Brooks brand-family variants now available with elevated proof and taste ST. LOUIS , May 15, 2023 /PRNews...

2023-05-09 07:01:10 ET Summary MGP Ingredients has proven to be a savvy value creator in the premium alcohol segment. The company is focused more on M&A these days as valuations look reasonable given its track record. I like the strategy, and while I have some question mar...

2023-05-08 09:20:12 ET MGP Ingredients ( NASDAQ: MGPI ) to acquire 100% of the equity of Penelope Bourbon and its related assets. The acquisition includes all intellectual property and inventory of bottled product, as well as Penelope’s aging whiskey inventory ...

ATCHISON, Kan., May 08, 2023 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that its Luxco, Inc. subsidiary has reached a definitive agreement to acquire 100% of the equity...

2023-05-05 17:08:07 ET MGP Ingredients, Inc. (MGPI) Q1 2023 Earnings Conference Call May 04, 2023 10:00 AM ET Company Participants Mike Houston - Investor Relations Dave Colo - President & Chief Executive Officer Brandon Gall - Vice President-Finance & Ch...

Consolidated sales increased 3% from prior year period Continued strength across each business segment ATCHISON, Kan., May 04, 2023 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions...