
Alto Ingredients, Inc. Common Stock
ALTOAlto 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
The global ethanol market is expected to grow from $114.98 billion in 2025 to $199.40 billion by 2035, driven by increasing demand for renewable fuels, sustainability initiatives, and technological advancements in production processes.
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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