LAWRENCEBURG, Ind., March 15, 2012—Local 13D of the United Food and Commercial Workers (UFCW) Union has ratified a new multi-year collective bargaining unit agreement with MGPI of Indiana, LLC located in Lawrenceburg and Greendale, Ind.&nbs...
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New Company Structure, Including Key Distillery Acquisition, Geared to Improve Profitability
Highlights
Fiscal Q2 sales up 21% vs. year ago led by food grade alcohol
Fiscal Q2 net income per share of $0.89 vs. fiscal 2011 Q2 inco...
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ATCHISON, Kan., March 2, 2012—The Board of Directors of MGP Ingredients, Inc. (Nasdaq/MGPI) yesterday declared a dividend of 5 cents ($0.05) per share on the company’s common stock. The dividend is payable on April 19, 2012, to stockh...
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ATCHISON, Kan., March 1, 2012—Barry Younkie has joined MGP Ingredients, Inc. (MGP) as beverage alcohol sales manager for the company’s distillery segment. In assuming the role, his focus will be on the commercialization of MGP’s recently ad...
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ATCHISON, Kan., January 10, 2012—Brandon Gall has been named director of financial planning and analysis at MGP Ingredients, Inc. (Nasdaq/MGPI). In this position, Gall becomes responsible for strategic financial forecasting and planni...
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ATCHISON, Kan., January 6, 2012— MGP Ingredients, Inc. has announced the appointment of Jim Vinoski as plant manager of the company’s wholly owned subsidiary, MGPI of Indiana, LLC, located in Lawrenceburg, Ind., and the adjacent commun...
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ATCHISON, Kan., January 5, 2012 – MGP Ingredients, Inc. (MGP), an expert in wheat- and corn-based ingredients, is teaming up with the Kansas Alliance for Biorefining and Bioenergy (KABB) and four Kansas universities to develo...
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ATCHISON, Kan., January 3, 2012 -- MGP Ingredients, Inc. (Nasdaq: MGPI) announced that it has reorganized by creating a new holding company structure. The business operations of the company and its subsidiaries will not...
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ATCHISON, Kan., December 28, 2011 – With the finalization today of a previously-announced asset acquisition, MGP Ingredients, Inc. (NASDAQ/MGPI) significantly strengthened its role in serving beverage alcohol customers in the bran...
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Highlights
Q1 sales up 34% vs. year ago led by food grade alcohol
Q1 diluted loss of $0.31 per share vs. fiscal 2011 Q1 income of $0.28 per share driven mainly by unrealized, non-cash losses of $5.0 million from hedge valuation adju...
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