UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D. C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported) November 4,
2008
MGP
Ingredients, Inc.
(Exact
name of registrant as specified in its charter)
|
KANSAS
|
0-17196
|
48-0531200
|
|
(State
or other jurisdiction
of
incorporation)
|
(Commission
File
Number)
|
(IRS
Employer
Identification
No.)
|
100
Commercial Street
Box
130
Atchison,
Kansas 66002
(Address
of principal executive offices) (Zip Code)
(913)
367-1480
(Registrant's
telephone number, including area code)
Not
Applicable
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2.
below):
□ Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
□ Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
□ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
□ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
1.01. Entry into a Material Definitive Agreement
On November 6, the Company entered into
a Supply Agreement to purchase its requirements of wheat flour
from Conagra Foods Food Ingredients Company, Inc. The
Agreement has a term of five years and is automatically renewable for an
additional term of 5 years unless either party gives at least 180 days written
notice of termination. Pricing is based on a formula which varies
depending on changes in several factors, including wheat futures prices,
millfeed prices and freight costs.
Item
5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers; Compensatory Arrangements of Certain
Officers
In
connection with an internal restructuring, on November 4, 2008, the Company
involuntarily terminated Brian Cahill, who has been serving as
Executive Vice President, Distillery Products.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
MGP INGREDIENTS,
INC.
Date: November
7,
2008 By : /s/ Timothy W.
Newkirk
President
and Chief Executive Officer