ATCHISON, Kan., Jan. 31,
2025 /PRNewswire/ -- MGP Ingredients, Inc.
(Nasdaq: MGPI), a leading provider of branded and distilled
spirits and food ingredient solutions, is pleased to announce the
promotion of Michael Buttshaw to
President, Ingredient Solutions, effective today.
In his new role, Buttshaw will lead the continued development of
the Ingredient Solutions business from operational excellence to
financial growth across the business unit's teams, including its
research and development, manufacturing, quality, supply chain, and
sales and marketing teams. During his more than 10 years at MGP as
Vice President of Sales, Ingredient Solutions, Buttshaw's strategic
vision, business acumen, dedication, and leadership helped drive
the growth and success of the Ingredient Solutions business.
The Ingredient Solutions business unit produces specialty wheat
proteins and starches for the commercial baking industry and
beyond, including the Arise®, Fibersym®, and
ProTerra® food ingredient lines.
"Mike's deep experience in the food ingredient industry
throughout his career, including more than a decade of leadership
at MGP, made him an ideal choice for the new position of President,
Ingredient Solutions," said Brandon
Gall, Interim President and CEO and CFO of MGP Ingredients.
"Under Mike's leadership, we believe the Ingredient Solutions
business will achieve new milestones and further strengthen its
position as an industry leader."
Prior to joining MGP, Buttshaw served in food ingredient sales,
marketing, and business development leadership roles at
Southeastern Mills, Penford Food Ingredients, and DSM Food
Specialties. He also spent more than 20 years with Hormel Foods in
various leadership positions, including in quality assurance,
process engineering, retail sales, and national sales and marketing
for its specialty products division.
Buttshaw earned a Bachelor of Arts in Education with an emphasis
in Mathematics from Gustavas Adolphus College in St. Peter, Minnesota, and an MMI in Management
and Marketing from the University of
Minnesota Carlson School of Management. He is an active
member of key industry and professional organizations, including
the Institute of Food Technologists and Research Chefs
Association.
About MGP
MGP Ingredients, Inc. (Nasdaq: MGPI) is a
leading producer of premium branded and distilled spirits, as well
as food ingredient solutions. Since 1941, we have combined our
expertise and energy aimed at formulating excellence, bringing
product ideas to life collaboratively with our customers.
As one of the largest distillers in the U.S., MGP's offerings
include bourbon and rye whiskeys, gins, and vodkas, which are
created at the intersection of science and imagination, for
customers of all sizes, from crafts to multinational brands. With
distilleries in Kentucky and
Indiana, and bottling operations
in Missouri, Ohio, and Northern
Ireland, MGP has the infrastructure and expertise to create
on any scale.
MGP's branded spirits portfolio covers a wide spectrum of brands
in every segment, including iconic brands from Luxco, which was
founded in 1958 by the Lux Family. Luxco is a leading producer,
supplier, importer, and bottler of beverage alcohol products. Our
branded spirits mission is to meet the needs and exceed the
expectations of consumers, associates, and business partners.
Luxco's award-winning spirits portfolio includes well-known brands
from four distilleries: Bardstown,
Kentucky-based Lux Row Distillers, home of Ezra Brooks, Rebel, Blood Oath, David Nicholson, and Daviess County; Lebanon, Kentucky-based Limestone Branch
Distillery, maker of Yellowstone Kentucky Straight Bourbon Whiskey,
Minor Case Straight Rye Whiskey, and Bowling & Burch Gin; Jalisco,
Mexico-based Destiladora Gonzalez Lux, producer of 100%
agave tequilas, El Mayor, Exotico, and Dos Primos; and the historic
Ross & Squibb Distillery in Lawrenceburg, Indiana, where Penelope Bourbon, Remus Straight Bourbon
Whiskey, and Rossville Union Straight Rye Whiskey are produced. The
innovative and high-quality brand portfolio also includes Everclear
Grain Alcohol, Pearl Vodka, Green Hat Gin, Saint Brendan's Irish
Cream, The Quiet Man Irish Whiskey, and other well-recognized
brands.
In addition, our Ingredient Solutions segment offers specialty
proteins and starches that help customers harness the power of
plants and provide a host of functional, nutritional, and sensory
benefits for a wide range of food products.
The transformation of American grain into something more is in
the soul of our people, products, and history. We're devoted to
unlocking the creative potential of this extraordinary resource.
For more information, visit mgpingredients.com.
Media Contact: Patrick
Barry, 314.540.3865,
patrick@byrnepr.net
Investor Contact:
Amit Sharma,
amit.sharma@mgpingredients.com
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SOURCE MGP Ingredients, Inc.
