MGP ingredients halts production at two US distilleries [Yahoo! Finance]
MGP Ingredients, Inc. (MGPI)
Last mgp ingredients, inc. earnings: 4/30 07:30 am
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US:NASDAQ Investor Relations:
ir.mgpingredients.com
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Source: Yahoo! Finance
In a statement yesterday (7 March), the company said the “temporary idling” will take effect on 1 May at Limestone Branch Distillery in Lebanon and Lux Row Distillers in Bardstown. It said the move was being made as it "adjusts production levels to align with its current inventory levels". However, MGP will continue distilling at its largest site in Lawrenceburg, Indiana. The Limestone Branch location produces brands such as Yellowstone Select Bourbon and Minor Case rhye whiskey while the Lux Row site produces brands including Ezra Brooks Bourbon and Daviess County Bourbon. The move will affect 33 employees across the two facilities. MGP said it is working directly with affected staff “to support them through the transition”. MGP Ingredients president and CEO Julie Francis said: “The American whiskey market continues to be structurally oversupplied, with excess capacity and elevated inventory. “Like many companies across the industry, we are navigating a challenging envir
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MGPI
News
- 85-year-old liquor company closes 2 distilleries, lays off staff [Yahoo! Finance]Yahoo! Finance
- 3 Cash-Producing Stocks That Fall Short [Yahoo! Finance]Yahoo! Finance
- One of America's Largest Whiskey Companies Pauses Production at 2 Kentucky Distilleries [Yahoo! Finance]Yahoo! Finance
- MGP Ingredients Announces Temporary Idling of Operations at Two Kentucky Distilling Facilities [Yahoo! Finance]Yahoo! Finance
- MGP Ingredients Announces Temporary Idling of Operations at Two Kentucky Distilling FacilitiesBusiness Wire
MGPI
Earnings
- 2/25/26 - Beat
MGPI
Sec Filings
- 4/9/26 - Form DEF
- 4/7/26 - Form 8-K
- 4/7/26 - Form SCHEDULE
- MGPI's page on the SEC website