MAUMEE, Ohio, Sept. 30 /PRNewswire-FirstCall/ -- The Andersons, Inc.
(Nasdaq: ANDE) announced today it has completed the purchase of a grain
storage facility in Reading, Mich., and finalized a leasing agreement for a
facility in Jonesville, Mich., from JBS United in Sheridan, Ind.
The two facilities will provide The Andersons with 3.6 million bushels
of additional storage capacity in Michigan, bringing the company's total
capacity to about 90 million bushels throughout the Eastern Corn Belt.
The Andersons continues to expand its storage capacity and service to
customers in its growing grain operations.
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 12 U.S. states and Puerto Rico, plus rail equipment
leasing interests in Canada and Mexico. For more information, 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, gary_smith@andersonsinc.com
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