Alto Ingredients, Inc. Common Stock (ALTO)
Alto Ingredients, Inc. (ALTO) is a specialty ingredients company that produces and markets high-quality, sustainable ingredients primarily for the food, beverage, and industrial sectors. The company focuses on the isolated and distilled ingredients derived from natural sources, including wheat, corn, and other agricultural products, serving customers worldwide with a portfolio that emphasizes purity and consistency.
Company News
Alto Ingredients, a producer and distributor of specialty alcohols, renewable fuels, and essential ingredients, has entered into a letter agreement with the Radoff/Torok Group. The agreement outlines the Radoff/Torok Group's commitment to vote in favor of the board's director nominees during the company's 2026 Annual Meeting.
Alto Ingredients, Inc. has acquired a beverage-grade liquid carbon dioxide (CO2) processing plant, Kodiak Carbonic, LLC, for $7.25 million. The acquisition includes an improved, long-term contract for the sale of CO2, which will be immediately accretive to Alto's bottom line and provide potential expansion opportunities.
PlayAGS, Hasbro, Lifetime Brands, Royal Caribbean Cruises and Alto Ingredients are part of the Zacks top Analyst Blog.
ALTO earnings call for the period ending June 30, 2022.
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