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MGP to Ring Closing Bell at Nasdaq on March 29 as Part of Company’s 75th Anniversary Observance

ATCHISON, Kan., March 17, 2016 (GLOBE NEWSWIRE) -- MGP (Nasdaq:MGPI) is celebrating the company’s 75th anniversary this year in many ways. Literally one of biggest--seven stories tall, to be exact--will occur on Tuesday, March 29, when senior executives ring the closing bell for the Nasdaq stock market on New York City’s Times Square.



Planning to attend the ceremony at Nasdaq will be Board Chair Karen Seaberg; Chairman Emeritus Cloud L. “Bud” Cray; President and Chief Executive Officer Gus Griffin; Vice President of Finance and Chief Financial Officer Tom Pigott; and Vice President and Chief Administrative Officer Dave Rindom. In addition to ringing the bell that officially ends trading for the day, MGP’s 75th anniversary logo will be included on the Nasdaq Tower and Wall, which will be projected onto Times Square throughout the day.

MGP will also have a video running on the seven-story Nasdaq Video Tower and Marquee from 3:30 p.m. to 4:30 p.m. eastern time. Persons wishing to view the ceremony at 4 p.m. eastern time can use the following link to access it on the internet: https://new.livestream.com/nasdaq/live.

The company has been listed on Nasdaq under the ticker symbol MGPI since its initial public offering in October 1988.

Headquartered in Atchison, Kansas, MGP began in 1941 as a small distillery operation. Founder Cloud L. Cray, Sr., felt the company’s Midwest location and infrastructure were ideal as a base to grow a successful business serving the needs of its customers.

From these modest roots, and through a combination of art and science, the company has evolved to become a leading supplier of premium distilled spirits and specialty wheat proteins and starches.

MGP’s beverage alcohol is the source of some of the finest vodka, gins, bourbons, whiskeys and cordials in the world. These outstanding products benefit from the company’s decades of experience and include many proprietary formulas tailored to customers’ exact specifications.

The company’s specialty wheat proteins and starches are created for use primarily in a wide range of food and beverage products. Providing a host of advantages, they deliver a variety of nutritional and functional benefits, and make foods more appealing in taste, texture and appearance.

In each of the markets MGP serves, the company strives to optimize its expertise and capabilities to develop better products for consumers and consistently create value for all stakeholders.

About MGP
Celebrating its 75th anniversary, MGP is a leading supplier of premium distilled spirits and specialty wheat proteins and starches. Distilled spirits include bourbon and rye whiskeys, gins and vodkas, which are carefully crafted through a combination of art and science and backed by a long history of experience. The company's proteins and starches are created in the same manner and provide a host of functional, nutritional and sensory benefits for a wide range of food products. MGP additionally is a top producer of high quality industrial alcohol for use in both food and non-food applications. The company is headquartered in Atchison, Kansas, where distilled alcohol products and food ingredients are produced. Premium spirits are also distilled and matured at the company’s facility in Lawrenceburg, Indiana. For more information, visit mgpingredients.com.


Contact: Steve Pickman, 913.367.1480 steve.pickman@mgpingredients.com

Source:MGP Ingredients Inc.