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Article: United States: ConAgra Mills, MGP Ingredients sign exclusive flour supply agreement.
- Article from:
- TendersInfo
- Article date:
- November 10, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: pinto03
ConAgra Mills, a brand of ConAgra Foods, Inc., and MGP Ingredients, Inc. (Nasdaq:MGPI) announced today the signing of a new, long-term flour supply agreement. Beginning immediately, MGPI will source flour for its value added wheat protein and starch ingredients exclusively from ConAgra Mills.
Last month, MGP Ingredients announced the discontinuation of wheat milling operations at its Atchison, Kan., facility after signing a non-binding letter of intent for the supply agreement with ConAgra Mills. "We will focus on customers and our core business moving forward," said Tim Newkirk, president and chief executive officer of MGPI. "Our ...