One of America's Largest Whiskey Companies Pauses Production at 2 Kentucky Distilleries [Yahoo! Finance]
MGP Ingredients, Inc. (MGPI)
Last mgp ingredients, inc. earnings: 4/30 07:30 am
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Source: Yahoo! Finance
MGP Ingredients announced on Tuesday that it will temporarily halt distilling operations at two Kentucky facilities starting May 1, as the company finds itself with a surplus of inventory. The company will pause at Limestone Branch Distillery in Lebanon and Lux Row Distillers in Bardstown. Limestone Branch produces Yellowstone Bourbon , Minor Case Rye and Bowling & Burch Gin. Lux Row Distillers is best known for its Rebel and Ezra Brooks brands but also produces Blood Oath, Lux Row and Daviess County. MGP said the pause will affect 33 employees and that it expects to resume distilling when inventory levels support additional production, which is expected to take at least 12 months from the May 1 pause date. The company will continue distilling at its major site in Lawrenceburg, Indiana, which is one of America's largest distilleries. Other operations in Kentucky, including warehousing, bottling and visitor experiences, will remain active. The move comes just days after a judg
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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
- MGP ingredients halts production at two US 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
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- 2/25/26 - Beat
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- 4/9/26 - Form DEF
- 4/7/26 - Form 8-K
- 4/7/26 - Form SCHEDULE
- MGPI's page on the SEC website