MAUMEE, Ohio, Nov. 17, 2014 /PRNewswire/ -- The Andersons,
Inc. (Nasdaq: ANDE) announces today its plans to combine the Turf
& Specialty and Plant Nutrient groups into a yet to be named
combined operating group.
"The Turf & Specialty and Plant Nutrient groups have become
closely aligned in the customers they serve, the products and
services they offer, the manner in which they operate and in their
growth strategies," says COO Hal
Reed. "We believe the two groups are stronger together than
separate. This move offers additional growth opportunities,
enhances profitability and, most importantly, takes our customer
service to the next level."
Leading the combined group will be Bill
Wolf, who currently serves as the President of the Plant
Nutrient Group. Tom Waggoner,
currently the President of the Turf & Specialty Group, will
assume a new role as corporate Vice President, Marketing and
Operations Services.
With leadership changes expected to occur at the first of the
year, full integration, and subsequent reporting changes, will
occur later in 2015.
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.