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.
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SOURCE The Andersons, Inc.