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MGP Sees Improving Margins From Lower Commodity Costs
date:Mar 17, 2014
r per pound over the prior year.

Co-CEOs Don Tracy and Randy Schrick commented that while the 25 percent growth in distillery pre-tax margin in Q4 vs a year ago was satisfactory, the trend in Ingredients was not. For the coming year we look for sales growth to be driven by products from our Indiana distillery, including new grain mixtures known as mash bills, and from increased sourcing of alcohol from our joint venture.

MGP is following a plan that involves reducing costs, selling higher valu

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