The Andersons Purchases Two Grain Companies in Texas

17.10.2014  |  CNW

MAUMEE, Ohio, Oct. 17, 2014 /CNW/ -- The Andersons Inc. (Nasdaq: ANDE) announces today it has finalized its purchase of the majority of the assets of two San Antonio, Texas-based, food grade corn companies, United Grain, LLC and Keller Grain, Inc.

"We are committed to expanding our food grade corn business, so we pursued United Grain and Keller Grain as opportunities to expand into a region where we currently do not have a presence and where there is a reliable source of quality food grade corn," says Denny Addis, President of The Andersons' Grain Group.

"Both companies, with a combined workforce of about 35 employees, have solid reputations for providing customers with the highest quality, best value food grade corn for their needs, which aligns well with our philosophy of extraordinary customer value and service," says Addis.


About The Andersons Inc.

The Andersons Inc. is a diversified company rooted in agriculture. Founded in Maumee, Ohio, in 1947, the company conducts business across North America in the grain, ethanol, and plant nutrient sectors, railcar leasing, turf and cob products, and consumer retailing. For more information, visit The Andersons online at www.andersonsinc.com.



Contact

The Andersons Inc.
Nicholas Conrad, VP, Finance & Treasurer
419-891-6415
nick_conrad@andersonsinc.com