MAUMEE, Ohio, April 6 /PRNewswire-FirstCall/ -- The Andersons, Inc.
(Nasdaq: ANDE) today announced it has submitted the appropriate requests for
an air permit in preparation for a potential ethanol plant to be constructed
adjacent to its existing grain elevator in Dunkirk, Ind.
"We have submitted an application to the Indiana Department of
Environmental Management to begin the process of obtaining an air permit,"
explains Neill McKinstray, Vice President & General Manager for Ethanol.
"Although the facility in Dunkirk is just one location under consideration for
expanding our ethanol interests, we believe the time is right to begin
pursuing appropriate regulatory approvals for that facility."
Currently, The Andersons, Inc. is the largest equity investor in two
ethanol facilities under construction, that when completed, will have the
capacity to produce 165 million gallons of ethanol annually. The Andersons
Albion Ethanol LLC is scheduled for completion in the third quarter of 2006.
Ground recently was broken for The Andersons Clymers Ethanol LLC, which is
scheduled to be completed in the first quarter of 2007.
About The Andersons, Inc.
The Andersons, Inc. is a diversified company with interests in the grain,
ethanol and plant nutrient sectors of U.S. agriculture, as well as in railcar
marketing, industrial products formulation, turf products production, and
general merchandise retailing. Founded in Maumee, Ohio, in 1947, the company
now has operations in seven U.S. states plus rail equipment leasing interests
in Canada and Mexico. For more, visit The Andersons online at
http://www.andersonsinc.com.
SOURCE The Andersons, Inc.
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Related links:
http://www.andersonsinc.com
CONTACT:
Gary L. Smith, VP, Finance & Treasurer of The
Andersons, Inc., +1-419-891-6417, or gary_smith@andersonsin.com
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