MGP Ingredients, Inc. MGPI

Company Overview

MGP Ingredients, Inc. is a U.S.-based producer of distilled spirits, specialty wheat proteins, and starches, serving both food and beverage markets. The company operates across the food ingredients, distilled spirits, and alcoholic beverage industries, generating revenue through a mix of bulk ingredient sales, contract distillation, and branded consumer products. Its core business lines include Distillery Products, Ingredient Solutions, and Branded Spirits, with customers ranging from global food manufacturers to spirits brand owners and distributors.

Founded in 1941 as Midwest Grain Products, the company initially focused on industrial alcohol and grain-based ingredients. Over time, it expanded into premium beverage alcohol production and rebranded as MGP Ingredients, Inc. to reflect its diversified portfolio. A key evolution occurred in the 2010s and early 2020s as the company moved beyond contract distillation into brand ownership, most notably through the acquisition of Luxco, Inc., which established MGP as a vertically integrated spirits company with both production and branded consumer exposure.