Tag Archives: MGP Ingredients

MGP Ingredients Profit Soars 126% on 58% Jump in Sales

Posted on February 24, 2022 by Joel Whitaker

MGP Ingredients reports 2021 net profit of $90.6 million, or $4.37 a share, up from $40.08 million, or $2.37 a share, as sales rose to $626.72 million for $395.52 million. “Our record performance this year demonstrated the strength of our business … Continue reading →

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MGP Ingredients Announces $12 Million Barrel Warehouse Expansion to Meet Robust American Whiskey Demand

Posted on February 17, 2022 by Joel Whitaker

MGP Ingredients, Inc.  said it has begun a $12 million barrel warehouse expansion to meet growing consumer demand for its American whiskey. Construction of the new barrel warehouse facility has recently begun in Williamstown, Ky., and marks the company’s second … Continue reading →

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MGP Ingredients to Pay 1.875% Interest on Convertible Notes

Posted on November 10, 2021 by Joel Whitaker

MGP Ingredients, Inc. priced its $175 million private placement of convertible senior notes due 2041 at 1.875%. The initial purchasers of the Notes also received an option to purchase, within a 13-day period beginning on, and including, the date on … Continue reading →

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MGP to Place $175 Million of Short-Term Convertible Senior Notes Privately

Posted on November 9, 2021 by Joel Whitaker

MGP Ingredients, Inc. said it will offer $175 million aggregate principal amount of convertible senior notes due 2041 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities … Continue reading →

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MGP Sales Surges 71.5%, Profit Soars 129%

Posted on November 4, 2021 by Joel Whitaker

MGP Ingredients reports third quarter sales surged 71.% to $176.6 million and its net profit more than doubled, soaring 129% to $23.7 million, or $1.08 a share. “The record consolidated quarterly results reflect the progress our team has made toward … Continue reading →

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4 Hand Brewing Launches Line of Aged Spirits

Posted on October 1, 2021 by Joel Whitaker

4 Hands Brewing Co., St. Louis, introduced Withered Oak,  an innovative line of aged spirits. Withered Oak Straight Bourbon and Rye bottles will be available for purchase only at 4 Hands Brewing Co. and not available in off-premise retailers. Select … Continue reading →

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