MGP Ingredients, Inc. operates through three primary business segments: Distilling Solutions, Branded Spirits, and Ingredient Solutions. The Distilling Solutions segment processes grains into food-grade alcohol, supplying bourbon, rye, whiskey, vodka, and gin to third-party producers, alongside offering barrel storage and blending services. The Branded Spirits segment manages a proprietary portfolio of premium and ultra-premium brands, including Penelope Bourbon, Yellowstone Bourbon, Rebel Bourbon, and El Mayor Tequila. The Ingredient Solutions segment produces specialty wheat starches and proteins for use in various food applications. The company operates distilleries in Indiana and Kentucky, a tequila distillery in Mexico, and bottling operations in Missouri, Ohio, and Northern Ireland. Originally founded as a neutral alcohol supplier during World War II, MGP has evolved into a major player in the global spirits market.
