Press Releases

Air Permit Requested For Potential Ethanol Plant
PRNewswire-FirstCall
MAUMEE, Ohio

The Andersons, Inc. 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 www.andersonsinc.com.

SOURCE: The Andersons, Inc.

CONTACT: Gary L. Smith, VP, Finance & Treasurer of The Andersons, Inc.,
+1-419-891-6417, or gary_smith@andersonsin.com