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According to a new market report published by Transparency Market Research entitled "Soy Protein Market (Product -Isolates, Concentrates and Hydrolysates; Form - Dry and Liquid; Application - Functional foods , Bakery & confectionery and Others; Function - Nutrients, Emulsifier, Fat & Water Absorption, Texturants and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 - 2024,"in terms of revenue, the global soy protein market was valued at US$4,806.3Mn in 2015, and is expected to reach US$ 7,787.4 Mn by 2024, expanding at a CAGR of 5.5% from 2016 to 2024. Soy protein is a form of plant-originated protein. It is manufactured through the processing of soybeans. Soybeans are vegetable foods that comprise all the amino acids essential for the growth of the human body. The global market for soy protein is largely driven by the associated health benefits of its consumption. The global soy protein market is expected to witness a shift in growth patterns, with the Asia Pacific region taking over North America and Europe as a more attractive market. On the basis of product type, the soy protein market is divided into soy protein isolates, soy protein concentrates, and soy protein hydrolysates. Soy protein concentrates held the leading market share in terms of revenue as well as volume in 2015 and accounted for about more than 40% of the global soy protein market. Soy protein market is also segmented on the basis of form into dry soy protein and liquid soy protein. The dry or powdered form of soy protein is widely used in the functional foods industry. Soy protein concentrates are gaining importance due to their extensive usage as functional or nutritional products in a wide variety of food products across different regions. Soy protein products are widely used in different application sectors, such as functional foods, bakery & confectionery, and others. The others application segment includes dietary supplements, animal feed, personal care, and functional beverages. In the scope of the report, the functional foods application segment is further sub-segmented into meat alternatives, dairy alternatives, infant formula, and others. Others sub-segment of the functional foods segment includes frozen dessert, energy bars, breakfast cereals, and convenience beverage powders. The functional food application segment held the most significant market share in the global soy protein market and accounted around more than two-thirds of the market in 2015. The use of soy protein as dairy alternatives and nutritious infant formula is expected to drive the soy protein market over the forecast period. On the basis of function, the soy protein market is categorized into nutrients, emulsifiers, fat & water absorption, texturants, and others. The others function segment of soy protein includes elasticity, dough formation, color control, adhesion, and cohesion. Among all these functions, soy protein is majorly used as a nutrient in food industry, especially in functional foods and dietary supplements.    Soy protein is also used as a fat and water absorber and texturant in the dairy alternatives and meat alternatives industry. Get Industry Research Report Sample for more Professional and Technical Industry Insights: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=17078 North America accounted for the leading market share for soy protein in 2015 and is likely to retain its position over the forecast period. The adoption of healthier lifestyles around the globe is one of the key drivers of the growth of the soy protein market. The increased use of soy protein for functional foods is a major driver for the soy protein market. Global manufacturers have focused on research and development in order to develop new kinds of soy-protein-enriched products. Thus, the aforementioned reason has led to increased demand for soy protein and is expected to drive the market during the forecast period from2016 to 2024. Asia Pacific is expected to be the most attractive market for soy protein owing to strengthening economic conditions and rising concerns related to health among consumers in developing countries such as India, China, Japan, and Rest of Asia Pacific. The demand for soy protein is expected to rise further in the future in these countries. Latin America is an emerging market and is estimated to grow at a considerable pace over the forecast period. Some of the major players in the soy protein market are Cargill, Inc.; Ruchi Soya Industries; Archer Daniels Midland Company; E. I. du Pont de Nemours and Company; Wilmar International; Devansoy Inc.; The Scoular Company; CHS Inc.; FUJI OIL CO., LTD; Shandong Yuwang Ecological Food Industry Co., Ltd; Gushen Group; Shandong Wonderful Industrial Group; SINOGLORY China; Burcon NutraScience Corporation; Crown Soya Protein Group; Kerry Ingredients Inc.; and MGP Ingredients Inc. Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


News Article | November 2, 2016
Site: globenewswire.com

ATCHISON, Kan., Nov. 02, 2016 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today reported results for the third quarter ended September 30, 2016. 2016 third quarter results compared to 2015 third quarter “We are pleased with the third quarter results,” said Gus Griffin, president and CEO of MGP.  “Our focus continues to be on implementation of our long-term strategic plan and this performance reflects our continued progress against that plan.” For the third quarter of 2016, net sales for the Distillery Products segment were flat at $66.7 million.  Gross profit improved to $12.4 million, or 18.5% of net segment sales, compared with $10.4 million, or 15.5% of net segment sales in the third quarter 2015.  The improvement in gross profit was due to the continuing product sales mix shift to higher margin premium beverage alcohol products. Griffin said, “In our Distillery Products segment, our focus is on migrating away from industrial alcohol by growing our vodka and gin business, and expanding our whiskey business.  While the industrial alcohol business continues to show softness, we are pleased with the pace of this migration.  Demand for our premium bourbon and rye whiskeys continues to outpace category trends." For the 2016 third quarter, net sales for the Ingredient Solutions segment decreased 2.8% to $13.2 million.  Gross profit increased to $2.8 million, or 20.8% of net segment sales, compared with $1.5 million, or 10.9% of net segment sales in the third quarter 2015. Griffin said, "Our Ingredient Solutions segment showed solid improvement.  We expect pricing headwinds to continue as we work to strengthen our position against long-term macro consumer trends." Other Corporate selling, general and administrative expenses were $7.0 million for the third quarter 2016 compared to $5.5 million in the third quarter 2015, primarily due to increases in advertising and promotion expenses, as well as increases in other professional and personnel costs. MGP reported other income for the quarter of $3.4 million, which included a previously-announced legal settlement of $2.6 million, as well as an additional gain on the sale of long-lived assets. MGP received joint venture equity method investment earnings of $0.7 million in the third quarter 2016 from its ICP joint venture, which produces high quality food grade alcohol, chemical intermediates and fuel.  ICP joint venture income was $0.9 million below the prior year quarter as unfavorable ethanol market conditions persist. The corporate effective tax rate for the quarter was 19.5%, compared with 13.3% in the year ago quarter.  The third quarter 2016 tax rate reflected the early adoption of an accounting standard that provided MGP with a tax benefit related to accounting for share-based compensation, and the third quarter 2015 tax rate was impacted by the release of a valuation allowance. Earnings per share grew to $0.55 for the third quarter 2016, compared with $0.38 for the third quarter 2015, primarily due to the strong operating performance and the other income items mentioned above. 2016 and Long Term Guidance MGP is providing revised guidance for 2016.  The 2016 net sales percentage growth projection has been revised downward to reflect year-to-date sales declines.  The anticipated effective tax rate has improved.  The three-year operating income guidance is unchanged and excludes the favorable litigation settlement and asset sale gain. Conclusion "While we may experience continued volatility in our quarterly results, we remain focused on our long-term strategy," said Griffin.  "The distilled spirits industry overall continues to show strong growth, driven by the robust bourbon category.  To take full advantage of these trends, we have introduced new gin formulations, further expanded our whiskey warehouse expansion plan, and continued to invest in aggressively laying down whiskey.  During the third quarter, we added $4.7 million to our inventory of aging whiskey, which now totals $45 million. "We continue to make steady progress in the development of our own portfolio of premium brands.  We have expanded distribution for Till American Wheat Vodka beyond Kansas and Missouri to include Iowa and Indiana and the overall customer response has been very positive," Griffin concluded. About MGP Ingredients, Inc. MGP is a leading producer and supplier of premium distilled spirits and specialty wheat proteins and starches.  Distilled spirits include premium bourbon and rye whiskeys, gins and vodkas, which are carefully crafted through a combination of art and science and backed by over 150 years of experience.  The company’s proteins and starches are created in the same manner and provide a host of functional, nutritional and sensory benefits for a wide range of food products.  MGP additionally is a top producer of high quality industrial alcohol for use in both food and non-food applications.  The company is headquartered in Atchison, Kansas, where distilled alcohol products and food ingredients are produced.  Premium spirits are also distilled and matured at the company facility in Lawrenceburg, Indiana. For more information, visit mgpingredients.com. Cautionary Note Regarding Forward-Looking Statements This news release contains forward-looking statements as well as historical information.  All statements, other than statements of historical facts, included in this news release regarding the prospects of our industry and our prospects, plans, financial position, business strategy, guidance on growth in operating income, revenue, gross margin, and future effective tax rate may constitute forward-looking statements.  In addition, forward-looking statements are usually identified by or are associated with such words as "intend," "plan," "believe," "estimate," "expect," "anticipate," "hopeful," "should," "may," "will," "could," "encouraged," "opportunities," "potential" and/or the negatives or variations of these terms or similar terminology.  They reflect management’s current beliefs and estimates of future economic circumstances, industry conditions, company performance, and company financial results and are not guarantees of future performance.  All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement.  Important factors that could cause actual results to differ materially from our expectations include, among others: (i) disruptions in operations at our Atchison facility, Indiana facility, or at the Illinois Corn Processing, LLC ("ICP") facility,  (ii) the availability and cost of grain, flour, and barrels, and fluctuations in energy costs, (iii) the effectiveness of our corn purchasing program to mitigate our exposure to commodity price fluctuations, (iv) the effectiveness or execution of our five-year strategic plan, (v) potential adverse effects to operations and our system of internal controls related to the loss of key management personnel, (vi) the competitive environment and related market conditions, (vii) the ability to effectively pass raw material price increases on to customers, (viii) the positive or adverse impact to our earnings as a result of the ownership of our equity method investment in ICP and the volatility of its operating results, (ix) ICP's access to capital, (x) our limited influence over the ICP joint venture operating decisions, strategies, financial or other decisions (including investments, capital spending and distributions), (xi) our ability to source product from the ICP joint venture or unaffiliated third parties, (xii) our ability to maintain compliance with all applicable loan agreement covenants, (xiii) our ability to realize operating efficiencies, (xiv) actions of governments, (xv) consumer tastes and preferences, and (xvi) the volatility in our earnings resulting from the timing differences between a business interruption and a potential insurance recovery.  For further information on these and other risks and uncertainties that may affect our business, including risks specific to our Distillery Products and Ingredient Solutions segments, see Item 1A. Risk Factors of our Annual Report on Form 10-K/A for the year ended December 31, 2015. Change in basic and diluted earnings per share quarter-versus-quarter (a) Changes are net of tax based on the effective tax rate for the base year (2015), excluding the valuation allowance release noted separately above. (b) Percentage points ("pp"). Change in basic and diluted earnings per share year to date-versus-year to date (a) Changes are net of tax based on the effective tax rate for the base year (2015), excluding the valuation allowance release noted separately above. (b) Percentage points ("pp").


News Article | February 17, 2017
Site: globenewswire.com

ATCHISON, Kan., Feb. 17, 2017 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that its board of directors has declared a quarterly dividend of 4 cents per share of common stock payable on March 24, 2017 to stockholders of record as of March 1, 2017. “This increased quarterly dividend serves to underscore the board’s confidence in MGP’s ability to realize its future strategic potential, while also acting on the continuing progress we have seen in generating near term cash flow from operations,” said Karen Seaberg, Chair of the Board.  “The board views dividends as an important way to share the success of MGP with our stockholders.  By declaring this dividend, we are recognizing the company’s strong foundation and the gains MGP has made in delivering shareholder value.” MGP is a leading producer and supplier of premium distilled spirits and specialty wheat proteins and starches.  Distilled spirits include premium bourbon and rye whiskeys, gins and vodkas, which are carefully crafted through a combination of art and science and backed by over 150 years of experience.  The company’s proteins and starches are created in the same manner and provide a host of functional, nutritional and sensory benefits for a wide range of food products.  MGP additionally is a top producer of high quality industrial alcohol for use in both food and non-food applications.  The company is headquartered in Atchison, Kansas, where distilled alcohol products and food ingredients are produced.  Premium spirits are also distilled and matured at the company facility in Lawrenceburg, Indiana. For more information, visit mgpingredients.com. This news release contains forward-looking statements as well as historical information.  All statements, other than statements of historical facts, included in this news release regarding the prospects of our industry and our prospects, plans, financial position, business strategy, guidance on growth in operating income, revenue, gross margin, and future effective tax rate may constitute forward-looking statements.  In addition, forward-looking statements are usually identified by or are associated with such words as "intend," "plan," "believe," "estimate," "expect," "anticipate," "hopeful," "should," "may," "will," "could," "encouraged," "opportunities," "potential" and/or the negatives or variations of these terms or similar terminology.  They reflect management’s current beliefs and estimates of future economic circumstances, industry conditions, Company performance, and Company financial results and are not guarantees of future performance.  All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement.  Important factors that could cause actual results to differ materially from our expectations include, among others: (i) disruptions in operations at our Atchison facility, Indiana facility, or at the Illinois Corn Processing, LLC ("ICP") facility,  (ii) the availability and cost of grain, flour, and barrels, and fluctuations in energy costs, (iii) the effectiveness of our corn purchasing program to mitigate our exposure to commodity price fluctuations, (iv) the effectiveness or execution of our five-year strategic plan, (v) potential adverse effects to operations and our system of internal controls related to the loss of key management personnel, (vi) the competitive environment and related market conditions, (vii) the ability to effectively pass raw material price increases on to customers, (viii) the positive or adverse impact to our earnings as a result of the ownership of our equity method investment in ICP and the volatility of its operating results, (ix) ICP's access to capital, (x) our limited influence over the ICP joint venture operating decisions, strategies, financial or other decisions (including investments, capital spending and distributions), (xi) our ability to source product from the ICP joint venture or unaffiliated third parties, (xii) our ability to maintain compliance with all applicable loan agreement covenants, (xiii) our ability to realize operating efficiencies, (xiv) actions of governments, (xv) consumer tastes and preferences, and (xvi) the volatility in our earnings resulting from the timing differences between a business interruption and a potential insurance recovery.  For further information on these and other risks and uncertainties that may affect our business, including risks specific to our Distillery Products and Ingredient Solutions segments, see Item 1A. Risk Factors of our Annual Report on Form 10-K/A for the year ended December 31, 2015.


BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the estimated 2016 annual reinvested capital gains distributions for the iShares ETFs listed on the Toronto Stock Exchange. Please note that these are estimated capital gains amounts only, as of October 14, 2016. As these are estimated amounts, the final capital gains distributions may change by the Funds' December 15, 2016 tax year-end. These estimates are for the annual non-cash capital gains distributions, which are typically reinvested in additional units of the respective funds at the year-end, and do not include estimates of ongoing periodical (e.g. monthly, quarterly, semi-annually or annual) cash distribution amounts. The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the distribution will equal the number of units outstanding prior to the distribution. We expect to announce the final annual reinvested distribution amounts, as well as the ongoing cash distribution amounts, as applicable, for 2016, on or about December 18, 2016. The record date for the 2016 annual distributions will be December 31, 2016, payable on January 5, 2017. The actual taxable amounts of reinvested and cash distributions for 2016, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2017. Reasons for some of the larger estimated annual reinvested capital gains distributions are as follows: The iShares International Fundamental Index ETF ("CIE") experienced capital gains in 2016 as a result of the appreciation of securities held in its portfolio, which were sold in connection with portfolio rebalancing. Some of the larger components of the gains were realized on the disposition of shares in Nippon Telegraph & Telephone, Nestle S.A., and SABMiller Plc, which was acquired by AB InBev. The iShares US Fundamental Index ETF experienced capital gains in 2016 as a result of the appreciation of securities held in its portfolio, which were sold in connection with portfolio rebalancing. Some of the larger components of the gains were realized on the disposition of shares in General Electric Co., Microsoft Corp., and AT&T Inc. The iShares Global Agriculture Index ETF ("COW") experienced capital gains in 2016 as a result of the appreciation of securities held in its portfolio, which were sold in connection with portfolio rebalancing. Some of the larger components of the gains were realized on the disposition of shares in MGP Ingredients Inc., Ingredion Inc., and Tyson Foods Inc. The iShares US Dividend Growers Index ETF (CAD-Hedged) ("CUD") experienced capital gains primarily as a result of the appreciation of securities held in its portfolio, with gains realized on the sale of certain securities, such as Piedmont Natural Gas Co., National Retail Properties, and Questar Corp, in connection with index rebalances. A small portion of capital gains can also be attributed to realized gains on foreign currency hedging instruments. The iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) ("XHD") experienced capital gains in 2016 primarily due to the appreciation of securities held in the portfolio, and realized on the sale of securities in connection with index rebalances. Some of the larger components of the gains were realized on the disposition of shares in AT&T Inc. and Altria Group Inc. Realized gains on foreign currency hedging instruments also contributed to the total gain. Further information on the iShares Funds can be found at www.blackrock.com/ca. This notice contains forward-looking statements with respect to the annual reinvested capital gains distributions for the iShares Funds. By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from the estimated distributions set forth in this notice. Factors that could cause the actual distributions to differ from the estimated distributions between now and December 15, 2016 (the iShares Funds' tax year end) include, but are not limited to: the actual amounts of distributions received by the iShares Funds; the actual amounts of capital gains generated from sales of securities; trading activity within the iShares Funds, including buying and selling of securities; index changes which cause rebalancing within the iShares Funds; and subscription and redemption activity. BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At September 30, 2016, BlackRock's AUM was US$5.1 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of September 30, 2016, the firm had approximately 13,000 employees in 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company's website at www.blackrock.com/ca - Twitter: @BlackRockCA - Blog: www.blackrockblog.com/can. iShares® is a global leader in exchange-traded funds (ETFs), with more than a decade of expertise and commitment to individual and institutional investors of all sizes. With over 700 funds globally across multiple asset classes and strategies and more than US$1 trillion in assets under management as of September 30, 2016, iShares helps clients around the world build the core of their portfolios, meet specific investment goals and implement market views. iShares funds are powered by the expert portfolio and risk management of BlackRock, trusted to manage more money than any other investment firm.(1) (1) Based on US$5.117 trillion in AUM as of 9/30/16. Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs. Please read the relevant prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.


ATCHISON, Kan., Oct. 14, 2016 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that it will hold a conference call/webcast to discuss results for the third quarter ended September 30, 2016, on Wednesday, November 2, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include Gus Griffin, president and CEO, and Tom Pigott, vice president of finance and CFO. The call/webcast will be available via: Webcast: ir.mgpingredients.com on the Presentations & Webcasts page     Conference Call: 877-270-2148 (domestic) or 412-858-4600 (international) A replay will be available on the MGP Ingredients website after the call concludes. MGP is a leading producer and supplier of premium distilled spirits and specialty wheat proteins and starches.  Distilled spirits include premium bourbon and rye whiskeys, gins and vodkas, which are carefully crafted through a combination of art and science and backed by over 150 years of experience.  The company’s proteins and starches are created in the same manner and provide a host of functional, nutritional and sensory benefits for a wide range of food products.  MGP additionally is a top producer of high quality industrial alcohol for use in both food and non-food applications.  The company is headquartered in Atchison, Kansas, where distilled alcohol products and food ingredients are produced.  Premium spirits are also distilled and matured at the company facility in Lawrenceburg, Indiana. For more information, visit mgpingredients.com.


ATCHISON, Kan., Feb. 21, 2017 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that it will hold a conference call/webcast to discuss results for the fourth quarter and full year ended December 31, 2016, on Wednesday, March 8, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include Gus Griffin, president and CEO, and Tom Pigott, vice president of finance and CFO. The call/webcast will be available via: A replay will be available on the MGP Ingredients website after the call concludes. MGP is a leading producer and supplier of premium distilled spirits and specialty wheat proteins and starches.  Distilled spirits include premium bourbon and rye whiskeys, gins and vodkas, which are carefully crafted through a combination of art and science and backed by over 150 years of experience.  The company’s proteins and starches are created in the same manner and provide a host of functional, nutritional and sensory benefits for a wide range of food products.  MGP additionally is a top producer of high quality industrial alcohol for use in both food and non-food applications.  The company is headquartered in Atchison, Kansas, where distilled alcohol products and food ingredients are produced.  Premium spirits are also distilled and matured at the company facility in Lawrenceburg, Indiana. For more information, visit mgpingredients.com.


ATCHISON, Kan., Feb. 21, 2017 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that it will hold a conference call/webcast to discuss results for the fourth quarter and full year ended December 31, 2016, on Wednesday, March 8, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include Gus Griffin, president and CEO, and Tom Pigott, vice president of finance and CFO. The call/webcast will be available via: A replay will be available on the MGP Ingredients website after the call concludes. MGP is a leading producer and supplier of premium distilled spirits and specialty wheat proteins and starches.  Distilled spirits include premium bourbon and rye whiskeys, gins and vodkas, which are carefully crafted through a combination of art and science and backed by over 150 years of experience.  The company’s proteins and starches are created in the same manner and provide a host of functional, nutritional and sensory benefits for a wide range of food products.  MGP additionally is a top producer of high quality industrial alcohol for use in both food and non-food applications.  The company is headquartered in Atchison, Kansas, where distilled alcohol products and food ingredients are produced.  Premium spirits are also distilled and matured at the company facility in Lawrenceburg, Indiana. For more information, visit mgpingredients.com.


ATCHISON, Kan., Feb. 21, 2017 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that it will hold a conference call/webcast to discuss results for the fourth quarter and full year ended December 31, 2016, on Wednesday, March 8, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include Gus Griffin, president and CEO, and Tom Pigott, vice president of finance and CFO. The call/webcast will be available via: A replay will be available on the MGP Ingredients website after the call concludes. MGP is a leading producer and supplier of premium distilled spirits and specialty wheat proteins and starches.  Distilled spirits include premium bourbon and rye whiskeys, gins and vodkas, which are carefully crafted through a combination of art and science and backed by over 150 years of experience.  The company’s proteins and starches are created in the same manner and provide a host of functional, nutritional and sensory benefits for a wide range of food products.  MGP additionally is a top producer of high quality industrial alcohol for use in both food and non-food applications.  The company is headquartered in Atchison, Kansas, where distilled alcohol products and food ingredients are produced.  Premium spirits are also distilled and matured at the company facility in Lawrenceburg, Indiana. For more information, visit mgpingredients.com.


ATCHISON, Kan., Feb. 21, 2017 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that it will hold a conference call/webcast to discuss results for the fourth quarter and full year ended December 31, 2016, on Wednesday, March 8, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include Gus Griffin, president and CEO, and Tom Pigott, vice president of finance and CFO. The call/webcast will be available via: A replay will be available on the MGP Ingredients website after the call concludes. MGP is a leading producer and supplier of premium distilled spirits and specialty wheat proteins and starches.  Distilled spirits include premium bourbon and rye whiskeys, gins and vodkas, which are carefully crafted through a combination of art and science and backed by over 150 years of experience.  The company’s proteins and starches are created in the same manner and provide a host of functional, nutritional and sensory benefits for a wide range of food products.  MGP additionally is a top producer of high quality industrial alcohol for use in both food and non-food applications.  The company is headquartered in Atchison, Kansas, where distilled alcohol products and food ingredients are produced.  Premium spirits are also distilled and matured at the company facility in Lawrenceburg, Indiana. For more information, visit mgpingredients.com.


ATCHISON, Kan., Feb. 21, 2017 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that it will hold a conference call/webcast to discuss results for the fourth quarter and full year ended December 31, 2016, on Wednesday, March 8, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include Gus Griffin, president and CEO, and Tom Pigott, vice president of finance and CFO. The call/webcast will be available via: A replay will be available on the MGP Ingredients website after the call concludes. MGP is a leading producer and supplier of premium distilled spirits and specialty wheat proteins and starches.  Distilled spirits include premium bourbon and rye whiskeys, gins and vodkas, which are carefully crafted through a combination of art and science and backed by over 150 years of experience.  The company’s proteins and starches are created in the same manner and provide a host of functional, nutritional and sensory benefits for a wide range of food products.  MGP additionally is a top producer of high quality industrial alcohol for use in both food and non-food applications.  The company is headquartered in Atchison, Kansas, where distilled alcohol products and food ingredients are produced.  Premium spirits are also distilled and matured at the company facility in Lawrenceburg, Indiana. For more information, visit mgpingredients.com.

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