Craft

MGP Ingredients

Stock Price

$56.7

2024-10-29

Market Capitalization

$1.2 B

2024-10-29

Revenue

$536.4 M

FY, 2025

MGP Ingredients Summary

Company Summary

Overview
MGP Ingredients (also known as Midwest Grain Products) is a company providing distilled spirits and specialty wheat proteins and starches. It operates through two segments: Distilled Spirits and Food Ingredients. The Distilled Spirits segment provides food-grade alcohol for beverage and grain neutral spirits, food-grade industrial alcohol for pharmaceuticals, fuel-grade alcohol for blending with gasoline, etc. The Food Ingredients segment provides specialty wheat starches and proteins for food applications, commodity wheat starches for food and non-food applications, and commodity wheat proteins. The company's brands include Tanner’s Creek, Green Hat, Eight & Sand Blended Bourbon Whiskey, Remus Repeal Reserve, Rossville Union, George Remus, etc.
Type
Public
Status
Active
Founded
1941
HQ
Atchison, KS, US | view all locations
Website
http://www.mgpingredients.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Brandon Gall

    Brandon Gall, Chief Financial Officer

  • Amel Pasagic

    Amel Pasagic, Chief Commercial Officer

  • Michael Buttshaw

    Michael Buttshaw, President, Ingredient Solutions Sales

  • Ryan Earey

    Ryan Earey, Vice President of Branded Spirits Sales

Operating MetricsView all

Patents (US)

14

Dec, 2020

Patent Applications (US)

7

Dec, 2020

Product Lines (Distilled Spirits)

22

Dec, 2020

LocationsView all

1 location detected

  • Atchison, KS HQ

    United States

    100 Commercial St

MGP Ingredients Financials

Summary Financials

Revenue (Q1, 2026)
$106.4M
Gross profit (Q1, 2026)
$33.6M
Net income (Q1, 2026)
($134.8M)
Cash (Q1, 2026)
$10.4M
EBIT (Q1, 2026)
($173.2M)
Enterprise value
$1.5B

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