MGP Ingredients (NASDAQ:MGPI) (NASDAQ: MGPI) is a leading supplier of premium distilled spirits and specialty ingredient solutions. The company operates through two primary business segments: Distillery Products and Ingredient Solutions. Through Distillery Products, MGP produces a diverse portfolio of branded and private-label spirits, including bourbon, rye, vodka and gin. Its branded offerings feature names such as 1792 Ridgemont Reserve® and Ross & Squibb®, while its private-label services support a broad range of third-party beverage companies seeking high-quality, consistent spirit bases.
In the Ingredient Solutions segment, MGP leverages its grain-processing expertise to manufacture specialty wheat proteins, wheat starches and wheat flours for use in baked goods, pet food, confectionery, snacks and more. These ingredients are sold to leading global food manufacturers, which rely on the company’s technical support and customized formulations to meet consumer demands for texture, nutrition and clean-label profiles. The segment underscores MGP’s vertically integrated model, from grain sourcing to finished ingredient delivery.
Founded in 1941 as Missouri Grain Products, MGP Ingredients is headquartered in Atchison, Kansas, and maintains production facilities in Kansas and Indiana. Over its eight-decade history, the company has expanded its capabilities through targeted investments in distillation technology, flavor development and protein-fractionation processes. Today, MGP serves both domestic and international markets, exporting premium spirits and ingredient solutions to customers across North America, Europe and Asia.
MGP Ingredients is led by President and Chief Executive Officer Kyle A. Hatlelid, who has overseen strategic growth initiatives since his appointment in 2018. Supported by a senior management team and board of directors, the company continues to pursue innovation in product development, sustainability and operational efficiency, positioning itself for long-term value creation in the distilled spirits and specialty ingredients industries.
