MAUMEE, Ohio, June 13 /PRNewswire-FirstCall/ -- The Andersons, Inc.
(Nasdaq: ANDE) will dedicate its second ethanol plant in Clymers, Indiana,
on Saturday, June 16, at 11 a.m. This is an invitation-only event.
Indiana State Senator Tom Weatherwax will be among the featured
speakers during the event, as well as representatives from the Indiana
State Department of Agriculture, Senator Richard Lugar's office, the
Renewable Fuels Association and The Andersons company officials. Company
officials will be available for media interviews following the dedication.
All activities will be held outdoors.
Operational since late April, this facility is capable of producing 110
million gallons of ethanol annually. The plant also will produce 350,000
tons of distillers dried grain, an animal feed ingredient.
"We are very pleased to be dedicating our second ethanol plant in Cass
County," says Neill McKinstray, Vice President & General Manager, Ethanol
Division for The Andersons. "We also are pleased to bring more than 30
additional full and part-time jobs to the area as well as provide an
additional market for area corn growers, many of whom have an established
relationship with The Andersons, and a local supply of distillers dried
grains for area animal farmers.
"I would be remiss if I also did not express our gratitude to Cass
County, the City of Logansport and the Logansport Economic Development
Foundation for their continued commitment to this project," says
McKinstray. "Their support, along with the assistance of the state and
various economic development units, were vital to the success of this
project."
The Andersons, Inc. is a significant equity investor in The Andersons
Clymers Ethanol LLC which operates the facility. The Andersons also is
providing grain origination, risk management and DDG and ethanol marketing
for the facility.
The Andersons also has a significant equity stake in The Andersons
Albion Ethanol LLC in Albion, Mich., a 55 million gallon facility that
began operations in August 2006. Through a joint venture with Marathon Oil,
The Andersons Marathon Ethanol LLC, a 110 million gallon facility is under
construction in Greenville, Ohio, scheduled to begin operations during the
first quarter of 2008.
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 leasing and repair, 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 leasing interests in Canada
and Mexico. For more, visit The Andersons online at http://www.andersonsinc.com.
SOURCE The Andersons, Inc.
 back to top
Related links:
http://www.andersonsinc.com
CONTACT:
Debra A. Crow, Corporate Communications
Consultant of The Andersons, Inc., +1-419-891-6483,
debra_crow@andersonsinc.com
|
