Brief: MGP To Build New $16.7 Million Extrusion Plant Inside Recently Acquired Production Facility

MGP Ingredients

22/02/2022 14:41

Feb 22 (Reuters) - MGP Ingredients Inc  MGPI.O :
    * MGP TO BUILD NEW $16.7 MILLION EXTRUSION PLANT INSIDE
RECENTLY
ACQUIRED PRODUCTION FACILITY
    * MGP INGREDIENTS - WILL BUILD A TECHNOLOGICALLY ADVANCED
EXTRUSION PLANT TO PRODUCE ITS PROTERRA LINE OF TEXTURIZED
PROTEINS
    * MGP INGREDIENTS - SLATED FOR COMPLETION IN LATE 2023, NEW
PLANT
WILL BE CAPABLE OF PRODUCING 10 MILLION POUNDS OF PROTERRA PER
YEAR
    * MGP INGREDIENTS INC - CONSTRUCTION ON NEW FACILITY WILL
BEGIN
THIS SUMMER AND WILL BE COMPLETED BY END OF 2023

Source text for Eikon:  ID:nPn2gnfkja 
Further company coverage:  MGPI.O 

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