MGP Ingredients

Last updated

MGP Ingredients, Inc.
Company type Public
Nasdaq:  MGPI
S&P 600 component
Industry Drink industry, Cereal grain products
Founded1941;83 years ago (1941)
FounderCloud L. Cray, Sr.
Headquarters Atchison, Kansas, U.S.
Subsidiaries Luxco, MGPI Processing, Inc.
Website mgpingredients.com

MGP Ingredients, Inc. is a distilled spirits and food ingredients producer with headquarters in Atchison, Kansas, United States. [1]

Contents

MGP Ingredients' distilled spirits are sold under about 50 different brand names by various bottling companies, in addition to products sold under their own labels, including Till Vodka, George Remus Bourbon, and Rossville Union Straight Rye Whiskey. [2] [3]

History

The company was founded by Cloud L. Cray, Sr. in 1941 as "Midwest Grain Products, Inc.", and became a major neutral alcohol supplier during World War II. [4] It operated an industrial alcohol distillery in Atchinson, Kansas.

In April 2021, MGP Ingredients completed its acquisition of Luxco, adding that company's portfolio of branded spirits. [5]

Ross & Squibb Distillery

The Ross & Squibb Distillery was founded in 1847 and purchased by Seagram in 1933. While under their ownership, the distillery was called the Jos. E. Seagram Lawrenceburg Plant. When Seagram's assets were acquired by other companies, the Lawrenceburg distillery became the property of Pernod Ricard. [6]

On April 19, 2006, Pernod Ricard announced plans to close the distillery, but instead sold it in 2007 to CL Financial, a holding company based in Trinidad and Tobago, which renamed it "Lawrenceburg Distillers Indiana" (LDI). CL Financial later collapsed and required government intervention, although the facility continued to operate through the crisis.

In October 2011, MGP Ingredients announced that it had reached an agreement with CL Financial to purchase the distillery. [7] In 2012 Diageo was the distillery's biggest customer. [8] The Ross & Squibb name was restored to the distillery in 2021.

Products

MGP has eight whiskey brands of its own as of April 2021, including George Remus bourbon [9] and Rossville Union rye, but primarily sells its output to various bottlers. [10] One primary product of MGP Indiana sold to bottlers is a straight rye whiskey with a 95% rye mash bill, which is bottled under various brand names, including Angel's Envy, Bulleit Rye, Filibuster, George Dickel Rye, James E. Pepper, Smooth Ambler, and Templeton Rye. [10] [8] It also produces straight Bourbon whiskey, which is sold under various brand names, such as the Cougar Bourbon brand sold in Australia. These straight whiskeys are also used as the straight whiskey components in Seagram's Seven Crown, a blended whiskey now produced by Diageo, and High West. [11] The distillery also produces neutral spirits used in the production of Seagram-branded gin and vodka, now owned by Pernod Ricard.

In April 2013, MGP announced the introduction of six additional mash bills for rye, malt, wheat and bourbon whiskey to expand the range of product offerings for the Indiana facility. [12] [1]

Altogether, MGP is the source of beverage spirits sold under about 50 different brand names, although these are often sold misleadingly by their bottlers as distinctive products with minimal disclosure of the actual source of the spirits. [10] Some industry experts have commented negatively about the practice, such as the whiskey writer Charles Cowdery who has decried such bottlers as "Potemkin distilleries". [10] As one example, in a class action settlement announced in 2015 about the marketing of the Templeton Rye brand which was actually produced using MGP spirits, Templeton was required to add the words "distilled in Indiana" to its label and remove claims of using a "Prohibition Era Recipe" and "small batch" production. The settlement also offered refunds to customers who had bought Templeton Rye since 2006. [13]

Some brands modify the facility's products somewhat before bottling and selling them. George Dickel Rye, introduced in 2012, is mashed, distilled and aged in Indiana at MGP, and then trucked to the Diageo bottling plant in Plainfield, Illinois, for filtering and bottling. [8] [14] Angel's Envy finishes its spirits in old port wine casks before bottling. [10]

MGP also produces plant-based protein. In 2021, MGP was ranked 31st on FoodTalks's Global Top Plant Protein Companies list. [15]

Brands

MGP Ingredients beverage brands include: [16]

Bourbon whiskey: Daviess County, Ezra Brooks, George Remus, Old Ezra 101, Penelope, Rebel (wheated), Yellowstone

Rye whiskey: Rossville Union, Minor Case

Gin: Bowling & Burch, Green Hat

Irish whiskey: The Quiet Man

Irish cream: Saint Brendan

Tequila: Dos Primos, El Mayor, Exotico

Vodka: Pearl

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<span class="mw-page-title-main">Bourbon whiskey</span> Type of American whiskey

Bourbon whiskey is a type of barrel-aged American whiskey made primarily from corn (maize). The name derives from the French House of Bourbon, although the precise source of inspiration is uncertain; contenders include Bourbon County, Kentucky, and Bourbon Street in New Orleans, both of which are named after the House of Bourbon. The name bourbon might not have been used until the 1850s, and the association with Bourbon County was not evident until the 1870s.

<span class="mw-page-title-main">Seagram</span> Former Canadian multinational conglomerate

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<span class="mw-page-title-main">Rye whiskey</span> Distilled alcoholic beverage

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<span class="mw-page-title-main">Tennessee whiskey</span> Type of American whiskey

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<span class="mw-page-title-main">Wild Turkey (bourbon)</span> Brand of Kentucky straight bourbon whiskey

Wild Turkey is a brand of Kentucky straight bourbon whiskey distilled and bottled by the Wild Turkey Distillery, owned by the Campari Group. The distillery is located in Lawrenceburg, Kentucky. It offers tours and is part of the American Whiskey Trail and the Kentucky Bourbon Trail.

<span class="mw-page-title-main">Ezra Brooks</span>

Ezra Brooks is a brand of Kentucky straight bourbon whiskey owned and marketed by MGP Ingredients. It is primarily bottled at 40% abv or 45% abv.

<span class="mw-page-title-main">Isaac Wolfe Bernheim</span> American businessman

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<span class="mw-page-title-main">High West Distillery</span> Producer of spirits in Park City, Utah, USA

High West Distillery is a manufacturer of distilled spirits located in Park City, Utah, United States. It is the first legally licensed distillery in Utah since the end of the American Prohibition.

<span class="mw-page-title-main">Willett Distillery</span> American Whiskey Distillery

Willett Distillery Ltd, is a private, family-owned-and-operated company that produces bourbon and rye whiskey. Over the years, the company has bottled whiskeys that range from two years of aging maturity up to 28 years. The company was named Kentucky Bourbon Distillers (KBD) between 1984 and 2012.

<span class="mw-page-title-main">Yellowstone Bourbon</span> Brand of whiskey

Yellowstone is an American brand of Kentucky Straight Bourbon Whiskey founded in 1872 and owned and marketed by MGP Ingredients. It is distilled by the Limestone Branch Distillery in Lebanon, Kentucky.

<span class="mw-page-title-main">Sazerac Company</span> Alcoholic drinks company based in New Orleans, US

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Old Pogue is a brand of Kentucky straight bourbon whiskey. Located in Maysville, Kentucky, the Old Pogue Distillery carries strong family ties dating back to the 1870s, and is privately owned by members of the Pogue family.

References

  1. 1 2 Cowdery, Chuck (April 3, 2013). "The Chuck Cowdery Blog: MGP Adds Six New Whiskey Recipes to Lawrenceburg Distillery's Portfolio". The Chuck Cowdery Blog. Retrieved November 16, 2021.
  2. ↑ "MGP Indiana: Past, Present and Future". Bourbon Culture . June 6, 2020. Retrieved June 15, 2021.
  3. ↑ "MGP Ingredients Launches Rossville Union Master Crafted Straight Rye Whiskey, Adding to the Company's Branded Portfolio". PR Newswire . May 9, 2018. Retrieved May 21, 2018.
  4. ↑ "About Our Company | MGP". www.mgpingredients.com. Retrieved November 5, 2023.
  5. ↑ Carruthers, Nicola (April 6, 2021). "MGP completes $475 million Luxco acquisition". The Spirits Business. Retrieved October 10, 2023.
  6. ↑ Indiana: A Guide to the Hoosier State. USA: The Department of Public Relations of Indiana State Teachers College. 1941. p. 364. ISBN   9781603540131.
  7. ↑ "MGP Ingredients, Inc. to Purchase Lawrenceburg, Indiana Distillery Assets | MGP". www.mgpingredients.com. Retrieved November 16, 2021.
  8. 1 2 3 Cowdery, Chuck (October 26, 2012). "The Chuck Cowdery Blog: George Dickel Gives A Different Taste To LDI Rye". The Chuck Cowdery Blog. Retrieved November 16, 2021.
  9. ↑ "MGP releases new George Remus Bourbon". The Spirits Business. June 7, 2017. Retrieved November 16, 2021.
  10. 1 2 3 4 5 Felten, Eric (July 28, 2014). "Your 'Craft' Rye Whiskey Is Probably From a Factory Distillery in Indiana". The Daily Beast . Retrieved July 23, 2016.
  11. ↑ "High West Whiskey Review | Whiskey Rocks". July 29, 2021. Retrieved November 16, 2021.
  12. ↑ "MGP Expanding Whiskey and Bourbon Offerings with Addition of New Mash Bills". April 2, 2013. Retrieved April 2, 2014.
  13. ↑ Noel, Josh (July 14, 2015). "Templeton Rye reaches lawsuit settlement, will pay refunds". Chicago Tribune . Retrieved July 15, 2015.
  14. ↑ Olmsted, Larry. "A Brand New Rye Whiskey That Will Turn Heads". Forbes. Retrieved November 16, 2021.
  15. ↑ Huang, Lemon (May 17, 2021). "2021年全球植物蛋白配料企业40强" [Global Top 40 Plant Protein Companies]. FoodTalks (in Chinese). Retrieved February 13, 2022.
  16. ↑ "Distilleries & Products | MGP". www.mgpingredients.com. Retrieved November 11, 2023.
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