News Releases

News Releases

Date Title and Summary Additional Formats
Toggle Summary Coffey Named Officer at MGP Ingredients
ATCHISON, Kan., October 17, 2008— The Board of Directors of MGP Ingredients, Inc. (Nasdaq/MGPI) has approved the appointment of Don Coffey, Ph.D., as an officer of the company effective immediately. Dr. Coffey serves as executive vice president of MGPI's ingredient solutions business segment.
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Toggle Summary MGP Ingredients Signs Letter of Intent for Flour Supply Agreement with ConAgra Mills
ATCHISON, Kan., October 20, 2008— MGP Ingredients, Inc. (Nasdaq/MGPI) today signed a non-binding letter of intent to enter into an agreement with ConAgra Mills whereby ConAgra would supply the company's wheat flour requirements for use in the production of protein and starch ingredients.
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Toggle Summary MGP Ingredients Continues Transformation to Provider of Value-Added Products; Announces Significant Reduction in Commodity Protein and Starch Production
ATCHISON, Kan., November 5, 2008— MGP Ingredients, Inc. (Nasdaq/MGPI) continues to move forward with strategic initiatives to transform the company into a leading provider of value-added ingredients and world class alcohol products. Consistent with these initiatives, the company today
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Toggle Summary MGP Ingredients, Inc. Schedules Fiscal 2009 First Quarter Financial Release Date, Conference Call
MGP Ingredients, Inc. Schedules Fiscal 2009 First Quarter Financial Release Date, Conference Call ATCHISON, Kan., November 5, 2008— MGP Ingredients, Inc. (Nasdaq/MGPI) will report its fiscal 2009 first quarter financial results on Monday, November 10.
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Toggle Summary ConAgra Mills, MGP Ingredients Sign Exclusive Flour Supply Agreement
ConAgra Mills, MGP Ingredients Sign Exclusive Flour Supply Agreement OMAHA, Neb., November 6, 2008— ConAgra Mills, a brand of ConAgra Foods, Inc., (NYSE: CAG) and MGP Ingredients, Inc. (Nasdaq/MGPI) announced today the signing of a new, long-term flour supply agreement.
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Toggle Summary MGP Ingredients, Inc. Announces Fiscal 2009 First Quarter Results
Highlights: Q1 total sales of $99.0 million represents 13% increase over year ago Higher input prices drive 41% increase in cost of sales over year ago Q1 diluted loss of $1.04 per share compares with year ago loss of $0.02 per share Q1 results include income tax benefit of $6.3 million Ingredient
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Toggle Summary Coleman Appointed to Applications Technologist Post at MGP Ingredients
ATCHISON, Kan., December 15, 2008— Ody Maningat, Ph.D., vice president of applications technology and technical services at MGP Ingredients, Inc. (MGPI), announced that Derrick Coleman has joined the company as an applications technologist. Coleman’s principal responsibilities will focus on MGPI’s
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Toggle Summary Discovery Channel to Feature MGP Ingredients in Upcoming Program
ATCHISON, Kan., January 5, 2009 —MGP Ingredients, Inc. (MGPI) will be featured in a televised segment on the Discovery Channel entitled “HowStuffWorks: Wheat.” The one-hour-long segment depicts the unique qualities and multiple uses of wheat and is scheduled to air at 7 p.m. and 11 p.m. on Jan. 15.
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Toggle Summary MGPI Boad Chairman Ladd Seaberg to Be Inducted Into Atchison Chamber Hall Of Fame
ATCHISON, Kan., January 8, 2009— MGP Ingredients Board Chairman Ladd Seaberg will be joining a select group of distinguished honorees this month when he is inducted into the Atchison Area Chamber of Commerce Hall of Fame. The induction ceremony will occur in conjunction with the Chamber’s 90th
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Toggle Summary MGPI Board Members Cloud L. "Bud" Cray and Mike Braude Honored as Legends in the Community by Ingram's Magazine
ATCHISON, Kan., February 2, 2009— Cloud L. "Bud" Cray, member and former long-time chairman of the board and executive officer of MGP Ingredients, Inc. (MGPI), and MGPI board member Mike Braude have each been honored as "A Legend in The Community" in the 35th anniversary issue of the
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Toggle Summary MGP Ingredients, Inc. Exits Fuel Alcohol Business
ATCHISON, Kan., February 3, 2009 —MGP Ingredients, Inc. (Nasdaq/MGPI) announced today that it is exiting the fuel grade alcohol business effective immediately.  This decision principally affects MGPI’s distillery operations in Pekin, Ill. In November, the company announced that it intended to
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Toggle Summary MGP Ingredients, Inc. Schedules Fiscal 2009 Second Quarter Financial Release Date, Conference Call
MGP Ingredients, Inc. Schedules Fiscal 2009 Second Quarter Financial Release Date, Conference Call ATCHISON, Kan., February 5, 2009 —MGP Ingredients, Inc. (Nasdaq/MGPI) will report its fiscal 2009 second quarter financial results on Monday, February 9.
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Toggle Summary MGPI Ingredient Solutions Segment Growth Strategies Include Restructuring Job Positions
ATCHISON, Kan., February 5, 2009 — In continuing to focus more effort on executing ingredient solutions business segment growth strategies at MGP Ingredients, Inc. (MGPI), Brad Maier, corporate director of international sales and marketing, will assume the company’s heritage ingredients platform
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Toggle Summary MGP Ingredients, Inc. Announces FY 2009 Second Quarter Results
Highlights:   Q2 total sales of $73.2 million vs. prior year’s Q2 sales of $94.0 million due mainly to planned reduction of fuel grade alcohol and commodity ingredients Q2 results include restructuring charges and related costs totaling $22.9 million, or ($1.38) per share Corporate transition for
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Toggle Summary MGP Ingredients, Inc. Schedules Fiscal 2009 Third Quarter Financial Release Date, Conference Call
MGP Ingredients, Inc. Schedules Fiscal 2009 Third Quarter Financial Release Date, Conference Call ATCHISON, Kan., May 6, 2009 —MGP Ingredients, Inc. (Nasdaq/MGPI) will report its fiscal 2009 third quarter financial results on Monday, May 11.  An investor conference call will be held the following
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