MGP Ingredients, Inc. Temporarily Idles Distilling Operations in Kentucky

2026-04-07SEC Filing 8-K (0000835011-26-000052)

MGP Ingredients, Inc. announced the temporary idling of distilling operations at its Limestone Branch Distillery in Lebanon, Kentucky, and Lux Row Distillers in Bardstown, Kentucky, effective May 1, 2026. This decision is attributed to the need to align production levels with current inventory, as the American whiskey market is experiencing oversupply and excess capacity. Distilling operations will continue at the Lawrenceburg, Indiana facility. The idling is expected to affect 33 employees, who will be supported through the transition. Other operations, including warehousing, bottling, and visitor centers, will remain open. The company reaffirms its full-year 2026 financial outlook and does not anticipate an impact on product or service availability for clients and customers. The company expects to resume distilling operations within approximately 12 months, depending on inventory levels.

Ticker mentioned:MGPI