date:Aug 10, 2012
Were also seeing greater interest in a broader range of premium beverages as we spend more time with LDIs customer base. Demand remains strong for premium aged bourbon and whiskeys.
Therefore, we added to our MGP-owned barrel inventory in the second quarter at an investment of approximately $5 million.
In its Ingredient Solutions segment, MGPI posted pre-tax income of $987,000, up from a loss of $136,000 in the second quarter of fiscal 2011. MGPI attributed the return to profitability to improve