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.

Edited October 12, 2012 by Josh

[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.

Edited October 12, 2012 by callmeox
details

[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?

[cowdery]

Yes, it is owned by MGPI, but they haven't announced a name change, so it's still LDI as far as I'm concerned. It's premature and presumptive to start calling it MGPI, and also confusing since MGPI owns and operates several distilleries. Maybe I'll start to call it Rossville Union, its pre-Seagram's name.

LDI is a perfectly good name because it doesn't indicate ownership, which was somewhat obscure when Angostura/CL Financial owned it. MGPI cited CL as the purchaser in 2007 when, technically, it was owned by CL subsidiary Angostura. We now know that sometime after that, as CL Financial was nationalized and reorganized after its collapse, Angostura was spun off and LDI (along with CMDK) remained with the parent. It's most likely even more complicated than that, as CL is a bit shadowy, but last year MGPI bought the distillery and Proximo bought the bottling plant. MGPI is a public company, so it's much more transparent than Angostura/CL was.

[mrviognier]

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?

Everything...from the patches on employees shirts, to visitor's name badges, to the business cards I collected all have the MGP logo. And that's what the employees are calling it.

[cowdery]

Here's the official answer from MGPI's Corporate Director of Communications:

"The official name of the distillery in Indiana is MGPI of Indiana, LLC. We refer to it as MGP's Lawrenceburg, Indiana Distillery."

[Josh]

Thanks Mat & Chuck!

[fishnbowljoe]

...and I quote. "A spade by any other name is still just a f***ing shovel." :slappin:

Edited November 13, 2012 by fishnbowljoe

[callmeox]

Thanks Mat & Chuck!

What about me?

Padpadpad

[Josh]

What about me?

Padpadpad

I already thanked you. What do you want, a card?:grin:

[callmeox]

I already thanked you. What do you want, a card?:grin:

Bourbon. I want bourbon. And a sandwich. A good sandwich.

That's all.

[Brisko]

Here's the official answer from MGPI's Corporate Director of Communications:

"The official name of the distillery in Indiana is MGPI of Indiana, LLC. We refer to it as MGP's Lawrenceburg, Indiana Distillery."

If it's all the same to them, I think I'll keep referring to it as "The Old Seagram's Plant." It rolls of the tongue better, I think.

[Kalessin]

If it's all the same to them, I think I'll keep referring to it as "The Old Seagram's Plant." It rolls of the tongue better, I think.

To them, "the old Seagram's plant" is probably the unkillable ficus in the main office lobby...

[Josh]

Bourbon. I want bourbon. And a sandwich. A good sandwich.

That's all.

[cowdery]

How about "Rossville Union," its pre-Seagram's name. There has been a distillery there for a long time. It has had a lot of names.

[OscarV]

Does LDI or MPG make anything worth drinking?

My apologies to the good folks from IN.

[macdeffe]

I like the High West ryes sourced from LDI. I actually like them a lot. Sometimes its vatted with whisky from other distilleries, but not always

Rendezvouz is one example

Steffen

[tmckenzie]

Most of everything i have had from thee I have enjoyed, but I like hat style of rye, and I like the high rye bourbon they make. I would just love to have a look at the inside works of the place.