MGP invests in major warehousing expansion

22nd October, 2015 by Amy Hopkins

MGP Ingredients, one of the largest third party spirits producers in the US, is to embark on a US$16.4 million project to double its warehousing capacity.

MGP-expansion

MGP Ingredients is to spend more than US$16m expanding its warehousing capacity

The distiller, which supplies liquid for a number of spirits bottlers, will expand its maturation warehouses on a 20-acre area of land adjoining the company’s current Lawrenceburg facility.

The program includes both the refurbishment of existing warehouse buildings and the construction of new warehouses.

Once completed, MGP claims the project will approximately double its current barrel storage capacity in Lawrenceburg.

“This investment is consistent with the ‘invest-for-growth’ initiative of our five-year strategic plan,” said Gus Griffin, president and CEO of MGP. “Increased capacity will help us better support the rapid growth of the whiskey category, as well as support our own brand development efforts.”

“American whiskey is in the early stages of a long term growth trend. Thanks to our strong reputation for quality and innovation, and our production capacity, MGP is uniquely positioned to benefit from this trend.

“This investment allows us to expand our ability to mature product for both our customers and our own future needs.”

The first new warehouses, which are currently under construction, are expected to be completed by the end of 2015.

Earlier this year, MGP released its first company-owned brand in more than 20 years with Metzes Select Bourbon, a combination of three of MGP’s “favourite” straight Bourbon whiskeys.

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