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Home > Company Index > Food, Beverage & Tobacco > Grains, Breads & Cereals > Midwest Grain Products, Inc.
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Midwest Grain Products, Inc. |
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PROFILE |
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Midwest Grain Products puts the proof in the bottle and the texture in most everything else. The company buys wheat from regional farms and processes it into food ingredients, including vital wheat gluten, wheat proteins, and wheat starch. By-products created during this process are later fermented into alcohol products for use in food, beverages, and fuel. To escape the volatile commodities market, Midwest Grain is developing specialty wheat proteins, such as those used in its Wheatex (a meat substitute), Pasta Power (replaces eggs in pasta), and Foam Pro (a soap additive) products. Members of the founding Cray family, including president and CEO Laidacker "Ladd" Seaberg, own about 34% of the company.
COMPETITION |
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Archer Daniels Midland Company (ADM)
Cargill, Incorporated (dossier)
High Plains Corporation (HIPC)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: June
2000 Sales (mil.): 231.90
1-Yr. Sales Growth: 7.3%
Employees: 433
Revenue per employee: $535,565.82
KEY PEOPLE |
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Laidacker M. Seaberg
CEO
Robert G. Booe
CFO
CONTACT INFO |
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1300 Main St.
Atchison, KS 66002
US
Phone: 913-367-1480
Fax: 913-367-0192
Online: Web Site
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