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News Releases

Read the latest news from MGP.

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MGP’s Specialty Starches Provide Multiple Benefits Across Food Spectrum

ATCHISON, Kan., March 16, 2017— Developed and produced for a wide range of food applications, MGP’s specialty wheat starches provide multiple options and benefits to customers based on desired end product results.

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MGP Ingredients to Webcast Analyst Day

ATCHISON, Kan., March 16, 2017 - MGP Ingredients, Inc. (Nasdaq/MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that it will host an analyst day for institutional investors on Thursday, April 6, 2017, at the company’s facility in Lawrenceburg, Ind. The event will include management presentations and a tour of the facility’s distillery and warehouse operations.

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MGP Ingredients Reports Strong Fourth Quarter And 2016 Results

ATCHISON, Kan., March 8, 2017 - MGP Ingredients, Inc. (Nasdaq/MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today reported results for the fourth quarter and full year ended December 31, 2016.

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MGP Ingredients Schedules Fourth Quarter and Full Year 2016 Conference Call/Webcast For Wednesday, March 8

ATCHISON, Kan., February 21, 2017 – 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.

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MGP Ingredients Declares $0.04 Quarterly Dividend

ATCHISON, Kan., February 17, 2017 - 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.

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MGP Mourns Passing of Former Board Chair and CEO Ladd Seaberg

ATCHISON, Kan., Jan. 31, 2017— Ladd M. Seaberg, former longtime board chairman, president and CEO of MGP Ingredients, Inc., a leading supplier of premium distilled spirits and specialty wheat proteins and starches, passed away on Sunday, January 29, following a long illness. He was a highly accomplished and recognized business and community leader, and abundantly devoted to his wife, Karen Seaberg, who currently serves as MGP Board Chair, and their children and grandchildren.

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MGP Board Chair Adopts 10b5-1 Share Trading Plan

ATCHISON, Kan., December 21, 2016 – MGP Ingredients, Inc. (Nasdaq/MGPI) announced today that Karen Seaberg, Chair of the Board of Directors, has adopted a stock trading plan pursuant to Rule 10b5-1 under the Securities and Exchange Act of 1934 and the company’s policies with respect to insider sales.

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Accomplished Beverage Industry Executive Andrew Mansinne Joins MGP as Vice President of Brands

ATCHISON, Kan., November 16, 2016—Wine and spirits industry leader Andrew “Andy” Mansinne has been appointed to the newly created position of vice president of brands at MGP (Nasdaq: MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches.

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MGP Files Citizen Petition with FDA under New "Dietary Fiber" Labeling Rules for Company’s Fibersym® RW and FiberRite® RW Resistant Wheat Starches

ATCHISON, Kan., November 10, 2016—MGP has filed a citizen petition with the U.S. Food and Drug Administration (FDA) asking the agency to further confirm the status of the company’s patented Fibersym® RW and FiberRite® RW resistant wheat starches as dietary fiber. A list of dietary fibers is currently being developed by the FDA under new food labeling rules, which were published on May 27, 2016 and have a scheduled compliance date of July 26, 2018.

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MGP Announces Acquisition of George Remus Whiskey Brand

ATCHISON, KAN., November 7, 2016—MGP (Nasdaq: MGPI), a leading U.S. supplier of premium distilled spirits and specialty wheat proteins and starches, today announced the acquisition of the George Remus whiskey brand from Queen City Whiskey LLC, Cincinnati. Terms of the cash transaction were not disclosed.

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MGP Ingredients Declares $0.02 Quarterly Dividend

ATCHISON, Kan., November 2, 2016 - 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 2 cents per share of common stock payable on December 8, 2016 to stockholders of record as of November 14, 2016.

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MGP Ingredients Reports Third Quarter Results

ATCHISON, Kan., November 2, 2016 - 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.

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MGP Issues Further Updates Regarding Chemical Incident

ATCHISON, Kan., October 27, 2016 -- As previously reported, a chemical release occurred at MGP Ingredients' (Nasdaq: MGPI) plant in Atchison, Kan., at approximately 8 a.m. CT last Friday, Oct. 21. The reaction resulted in emissions venting into the air. As of 11 a.m. that morning, based on observations by local officials, the emissions had dispersed. As is always the case, the health and safety of our employees and the communities in which we operate are our top priority.

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Update from MGP on Chemical Release

ATCHISON, Kan., October 22, 2016—As an update to the chemical release that occurred at MGP’s Atchison, Kansas facility, company management issued the following statement:

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Chemical Release Occurs at MGP’s Kansas Facility

ATCHISON, Kan., October 21, 2016— At approximately 8 a.m. today, a chemical release occurred at MGP Ingredients’ plant in Atchison, Kansas. The reaction resulted in emissions venting into the air. As of 11 a.m., based on observations by local officials, the emissions had dispersed. Local officials reported some injuries, mostly respiratory issues, following the release.

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