LDI vs MGP

[Josh]

Yes, I'm the kind of guy who worries about this sort of thing.

Re: The big distillery in Lawrenceburg, Indiana.

My understanding was that the name of the distillery was Lawrenceburg Distillers Incorporated. Before it was owned by MGP, it was owned by Angostura/CL Financial/The Government of Trinidad & Tobago. But it was not the Angostura distillery, or the CL Financial distillery, it was LDI.

So why are some now calling it the MGP distillery? Has the name officially changed? If your answer is yes, please provoide something firm in the way of evidence to back it up.

[callmeox]

I'm a few hours early, but the name of the distillery is/was Lawrenceburg Distillers Indiana.


#pedanticfriday

[White Dog]

Josh, I thought you always called it the Tempelton Distillery.

[callmeox]

LDI was a wholly owned subsidiary of the prior holding company CL Financial, but they did business as LDI, LLC.

The new owner is MGPI of Indiana, LLC, a wholly owned subsidiary of MGPI.

From the MGP press release announcing the sale:

Through the years, it has been owned and operated at various periods by Joseph E. Seagram and Sons and Pernod Ricard. It was acquired by CL Financial in 2007 at which time the facility assumed its current name.

So, the distillery wasn't known as LDI until CL Financial took over.

Lastly, the MGP 10K filing for FY '11 refers to the facility as the Indiana Distillery with no mention of LDI.

[Bourbon Boiler]

I received a response to a web inquiry a few months back, and the email signature of the gentlement who replied said "MGP Ingreedients, Inc", and his phone number indicated he was in Southern Indiana. I realize that's far from conclusive, but it's the only thing I can contribute.

[mrviognier]

MGP is the proper name for the former LDI. The company is based in Kansas, and the acquisition of the facility has been well-reported here & in the trades. Proximo bought the neighboring bottling facility.

The same folks are still there...and everything runs pretty much as in the past. The biggest change? MGP got rid of the old, coal-fired boilers and went to natural gas.

[sku]

I thought it was called Seagram's.

[mrviognier]

And before that it was called Prince. And before THAT it was ValuJet.

[JLH3]

And before that it was called Prince. And before THAT it was ValuJet.

Insert the South Park "Braniff" intro here.

[Josh]

LDI was a wholly owned subsidiary of the prior holding company CL Financial, but they did business as LDI, LLC.

The new owner is MGPI of Indiana, LLC, a wholly owned subsidiary of MGPI.

From the MGP press release announcing the sale:

Through the years, it has been owned and operated at various periods by Joseph E. Seagram and Sons and Pernod Ricard. It was acquired by CL Financial in 2007 at which time the facility assumed its current name.

So, the distillery wasn't known as LDI until CL Financial took over.

Lastly, the MGP 10K filing for FY '11 refers to the facility as the Indiana Distillery with no mention of LDI.

Thanks for the information. The press release implies the name has stayed the same, but the filing muddles things.

MGP is the proper name for the former LDI. The company is based in Kansas, and the acquisition of the facility has been well-reported here & in the trades. Proximo bought the neighboring bottling facility.

The same folks are still there...and everything runs pretty much as in the past. The biggest change? MGP got rid of the old, coal-fired boilers and went to natural gas.

So did the trades mention that that name had changed? Any advice as to which trades to consult to settle this thing? Did they call it MGP distillery on your tour?