MAUMEE, Ohio, April 2, 2018 /CNW/ -- The Andersons Inc. announced today it has completed the sale of its grain elevators in Humboldt, Kenton and Dyer, Tennessee, to a subsidiary of Tyson Foods, Inc. The plan to sell the three Tennessee locations was first announced by The Andersons on February 14, 2018. The Andersons also owns elevators in Trenton, Como and Union City, Tennessee. The company is evaluating options for [...]
MAUMEE, Ohio, March 6, 2018 /CNW/ -- The Andersons Inc. and ICM, Inc., announced today the formation of ELEMENT, LLC, a joint venture that will construct a 70 million-gallon-per-year bio-refinery located in Colwich, Kansas, adjacent to ICM's headquarters. This strategic partnership will build and operate a technologically advanced ethanol production facility featuring several of ICM's cutting-edge equipment and process [...]
MAUMEE, Ohio, Feb. 23, 2018 /CNW/ -- The Andersons Inc. announces a second quarter 2018 cash dividend of 16.5 cents per share payable April 23, 2018, to shareholders of record on April 2, 2018. This is The Andersons' 86th consecutive quarterly cash dividend since listing on the Nasdaq on February 20, 1996. There are approximately 28.2 million common shares outstanding. About The Andersons Inc. Founded in Maumee, Ohio, in [...]
MAUMEE, Ohio, Feb. 14, 2018 /CNW/ -- The Andersons Inc. announces financial results for the fourth quarter and full year ended December 31, 2017 and its agreement to sell three grain elevators in Tennessee. The Company reports net income of $68.4 million, or $2.42 per diluted share, and adjusted net income of $17.6 million, or $0.62 per diluted share compared to $10.1 million and $0.36 per share, in the fourth quarter of [...]
MAUMEE, Ohio, Dec. 20, 2017 /CNW/ -- The Andersons Inc. today announced a first quarter 2018 cash dividend of 16.5 cents per share payable January 23, 2018, to shareholders of record on January 2, 2018. The cash dividend is increasing from 16 cents to 16.5 cents. "The increase in the dividend reflects our confidence in the Company's long-term plan for financial growth," says Srikanth Dasari, Vice President and Treasurer [...]
- Defines growth initiatives following completion of strategic review - Introduces near- and long-term goals MAUMEE, Ohio, Dec. 7, 2017 /CNW/ -- The Andersons Inc. will hold its 2017 Investor Day in New York City today with presentations by President and CEO Pat Bowe, Chief Financial Officer John Granato and other members of executive management. The Andersons will present its profitable growth strategy, capital [...]
MAUMEE, Ohio, Nov. 28, 2017 /CNW/ -- The Andersons Inc. announced today that Rasesh H. Shah, who currently serves as President of the Rail Group, will retire in July 2018. Joseph E. McNeely will join the company as the new President of the Rail Group on January 8, 2018. Shah will provide transition assistance until he retires. McNeely has more than 30 years of experience in the financial, manufacturing and distribution [...]
Jeffrey C. Blair to Join the Company on December 4, 2017 MAUMEE, Ohio, Nov. 16, 2017 /CNW/ -- The Andersons Inc. announced today that Jeffrey C. Blair will join the company as the President of the Plant Nutrient Group effective December 4, 2017. Blair will lead the entire Plant Nutrient Group, which includes several diverse product lines and businesses. Blair replaces Bill Wolf who previously announced his retirement [...]
MAUMEE, Ohio, Nov. 6, 2017 /CNW/ -- The Andersons Inc. (NASDAQ: ANDE) announces financial results for the third quarter ended September 30, 2017. The Company reports net income of $2.5 million, or $0.09 per diluted share compared to $1.7 million and $0.06 per share in third quarter 2016. Grain Group records pretax income of $2.6 million on continued strong grain storage capacity utilization. Ethanol Group earns $6.2 [...]
MAUMEE, Ohio, Sept. 7, 2017 /CNW/ -- The Andersons Inc. (Nasdaq: ANDE) will hold an investor day on Thursday, December 7, 2017 at 8:30 a.m. (Eastern) in New York City with presentations given by President and Chief Executive Officer Pat Bowe, Chief Financial Officer John Granato and other members of executive management. The presentations, including question and answer sessions, are expected to conclude at approximately [...]
MAUMEE, Ohio, Aug. 25, 2017 /CNW/ -- The Andersons Inc. (Nasdaq: ANDE) announces a fourth quarter 2017 cash dividend of 16 cents ($0.16) per share payable October 23, 2017, to shareholders of record on October 2, 2017. This is The Andersons' 84th consecutive quarterly cash dividend since listing on the Nasdaq on February 20, 1996. There are approximately 28.3 million common outstanding shares. About The [...]
MAUMEE, Ohio, Aug. 3, 2017 /CNW/ -- The Andersons, Inc. (NASDAQ: ANDE) announces financial results for the second quarter which ended June 30, 2017. The Company reports a net loss of $26.7 million, or ($0.94) per diluted share, and adjusted net income of $15.3 million, or $0.54 per diluted share, up six percent over the prior year. Reported results include $3.5 million in pretax costs associated with exiting the Retail [...]
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