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MGPI News

MGP Ingredients Temporarily Idles Distilling to Align Production with Inventory

Apr 07 2026seekingalpha

MGP Ingredients Temporarily Idles Two Distilleries Amid Inventory Adjustments

Apr 07 2026Newsfilter

MGP Ingredients Inc. to Temporarily Suspend Operations at Two Kentucky Distilleries; Confirms FY2026 Projections in SEC Filing

Apr 07 2026moomoo

MGP INGREDIENTS: TEMPORARY SUSPENSION NOT ANTICIPATED TO AFFECT PRODUCT OR SERVICE AVAILABILITY

Apr 07 2026moomoo

MGP Ingredients Inc. to Maintain Warehousing, Bottling, Barrel Programs, and Visitor Centers at Both Distilleries

Apr 07 2026moomoo

MGP Ingredients Inc. to Maintain Distillation Activities at Lawrenceburg, Indiana Plant

Apr 07 2026moomoo

MGP INGREDIENTS INC TO TEMPORARILY SUSPEND DISTILLING OPERATIONS STARTING MAY 1, 2026

Apr 07 2026moomoo

El Mayor Tequila Partners with Master Mixologist for Industry Events

Mar 25 2026Newsfilter

MGPI Events

04/07 16:40
Company Confirms FY26 Revenue View of $480M to $500M
Backs FY26 revenue view $480M-$500M, consensus $486.2M. Backs FY26 adjusted EBITDA view $90M-$98M.
04/07 16:40
MGP Ingredients Temporarily Idles Distilling Operations at Two Kentucky Distilleries
MGP Ingredients announced plans to temporarily idle distilling operations at its Limestone Branch Distillery in Lebanon, Kentucky and Lux Row Distillers in Bardstown, Kentucky, as the company adjusts production levels to align with its current inventory levels. MGP will continue distilling operations at its largest facility in Lawrenceburg, Indiana, to support its brands, clients, and customers. The temporary idling will take effect on May 1, 2026. MGP expects to resume distilling operations when inventory levels support additional production, which could be as early as 12 months after that date. The decision will affect 33 employees across the two facilities. MGP is working directly with those impacted to support them through the transition. Other operations, including warehousing, bottling and barrel programs, will continue. The visitor centers at both distilleries will also remain open and continue to offer their full complement of immersive experiences that includes tours, tastings, retail offerings, limited release bottles and on-site engagements. The temporary idling is not expected to impact the availability of MGP's products or services to clients or customers. The company reaffirms its consolidated 2026 sales, adjusted EBITDA, and adjusted basic EPS guidance announced in its earnings press release issued on February 25, 2026.

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