Western Production Fuels Alto Ingredients' Growth and Earnings

Alto Ingredients' Western production segment is a key driver of earnings power, diversification, and strategic positioning, generating $115 million from alcohol sales and $37 million from essential ingredients in 2024. The segment benefits from premium ethanol pricing, regional supply constraints, and proximity to key end markets, making it less exposed to ethanol oversupply cycles and elevated transportation costs. Alto Ingredients' stock has gained 62.6% in a year and is undervalued compared to its industry.