MGP Ingredients Inc - Company Profile
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MGP Ingredients Inc (MGP) is engaged in the production of branded and distilled spirits, as well as food ingredient solutions. The company's main activities include the manufacturing and distribution of premium bourbon, rye, and other whiskeys, along with grain neutral spirits like vodka and gin. It offers products under Ezra Brooks, Proof Kentucky Straight Bourbon Whiskey, Rebel, Saint Brendan’s, Pearl Vodka, Lord Calvert, Arrow Cordials, Canada House, and Lady Bligh Rum brand names. MGP's products serve a wide range of customers, including manufacturers of branded spirits and food processors in the consumer packaged goods industry. The company utilizes a network of distributors and direct sales to reach its customers. The company distributes its branded spirits, distillery, and ingredient products to manufacturer and processor of package goods and bakery industries through distributors. Its operations are spread across the US, Canada, Mexico, Japan, Thailand, and the UK. MGP is headquartered in Atchison, Kansas, the US.
Headquarters
United States of America
Address
100 Commercial Street, Atchison, Kansas, 66002-0130
Website
www.mgpingredients.com
Telephone
1 913 3671480
No of Employees
617
Industry
Ingredients
Ticker Symbol & Exchange
MGPI (NASD)
Revenue (2024)
$536.4M
-23.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-411%
(2024 vs 2023)
Market Cap*
$368.2M
Net Profit Margin (2024)
XYZ
-507.7%
(2024 vs 2023)
* As of and is in US$
MGP Ingredients Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Products | Arise |
| Bourbon | FiberRite |
| Gin | Fibersym |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In May, the company through Luxco, Inc. acquired Penelope Bourbon LLC. |
| 2022 | Plans/Strategy | In February, the company announced its plans to build an extrusion plant for US$16.7 million. |
| 2021 | Acquisitions/Mergers/Takeovers | In April, the company acquired Luxco Inc, a beverage company. |
Competitor Comparison
| Key Parameters | MGP Ingredients Inc | Cargill Inc | Archer Daniels Midland Co | Ingredion Inc | The Boston Beer Co Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Atchison | Minneapolis | Chicago | Westchester | Boston |
| State/Province | Kansas | Minnesota | Illinois | Illinois | Massachusetts |
| No. of Employees | 617 | 160,000 | 40,798 | 11,200 | 2,736 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Martin Roper | Chairman | Executive Board | 2025 | 62 |
| Julie Francis | Chief Executive Officer; Director; President | Executive Board | 2025 | 54 |
| Brandon Gall | Chief Financial Officer; Treasurer | Senior Management | 2023 | 44 |
| Matias Bentel | Chief Marketing Officer | Senior Management | 2025 | - |
| Kathleen Molamphy | Chief Human Resources Officer; Chief Legal Officer; Secretary | Senior Management | 2026 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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