Press Releases
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Aug 22, 2006
The Andersons, Inc. (the "Company") today announced pricing of its previously announced offering of 2,250,000 shares of its common stock, of which 2,000,000 shares will be sold by the Company and...
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Aug 17, 2006
The Andersons, Inc. today announced a cash dividend of 4.5 cents per share, payable October 23, 2006, to shareholders of record on October 2, 2006. This is The Andersons' 40th consecutive...
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Jul 28, 2006First Half Results Set New Records
The Andersons, Inc. , today announced second-quarter net income of $10.3 million, or $0.66 per diluted share, and total revenues of $378 million. In the same three-month period of 2005, the...
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Jul 10, 2006
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 in Greenville, Ohio. "We are working...
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Jun 29, 2006
The Andersons, Inc. (the "Company") today announced that it has filed a registration statement with the Securities and Exchange Commission relating to a proposed public offering of 2.28 million...
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May 12, 2006
The Andersons, Inc. Board of Directors today approved a two-for-one stock split during its meeting following the company's Annual Meeting of Shareholders. Shareholders will receive one additional...
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May 3, 2006Rail Business Leads Income Growth
The Andersons, Inc. , today announced first-quarter net income of $3.8 million, or $0.49 per diluted share and total revenues of $281 million. In the same three- month period of 2005, the company...
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Apr 26, 2006
The Andersons, Inc. will conduct a groundbreaking ceremony April 27, 2006, at 11:30 a.m. for its 110 million gallon ethanol plant in Clymers, Indiana. Gov. Mitch Daniels will be in attendance...
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Apr 6, 2006
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...
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Feb 27, 2006
The Andersons, Inc. today announced a cash dividend of 9 cents per share, payable April 24, 2006, to shareholders of record on April 3, 2006. This dividend represents a 6 percent increase over the...
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Feb 23, 2006
The Andersons, Inc. today announced it will immediately begin construction on the largest, dry-mill ethanol plant east of the Mississippi in Clymers, Ind., having completed funding arrangements...
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Feb 16, 2006
Lansing Grain Company, LLC and Macquarie Bank Limited ("MBL") today announced the formation of Lansing Ethanol Services, LLC ("LES"). The new company is a joint venture between Lansing Grain...
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Feb 15, 2006
The Andersons, Inc. today announced it has received approval for an air permit from the Indiana Department of Environmental Management for the ethanol facility in Clymers, Indiana. Financial...
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Feb 8, 2006Net Income of $26.1 Million Up 36%
The Andersons, Inc. , today announced fourth-quarter net income of $15.3 million, or $1.98 per diluted share and total revenues of $384 million. In the same three- month period of 2004, the...
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Feb 2, 2006
The Andersons, Inc. announces the following Webcast: What: The Andersons, Inc. 2005 Fourth Quarter and Year End Earnings Conference Call When: Thursday, February 9, 2006, 11:00 A.M. ET Where:...
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Jan 25, 2006Projects 2005 Full-Year EPS of $3.30 to $3.37
The Andersons, Inc. , today announced that it expects 2005 full-year earnings in the range of $3.30 to $3.37 per diluted share. Earlier this month, the company indicated it anticipated that...
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Jan 5, 2006Cites 4th Qtr. Performances of Grain, Rail, Plant Nutrient & Retail Businesses
The Andersons, Inc. , today announced that it expects 2005 full-year earnings should exceed $3.00 per diluted share. In December, the company indicated it anticipated that 2005 earnings would...
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Dec 16, 2005Cites Improvements in Agriculture & Rail Businesses
The Andersons, Inc. , today announced that its full-year earnings per share are expected to exceed previous projections. In May, the company indicated that it anticipated 2005 earnings in the...
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Nov 22, 2005
The Andersons, Inc. today announced that its Processing Group has been renamed Turf & Specialty Group. The Turf & Specialty Group is comprised of the company's Lawn Division and Cob Division. The...
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Nov 18, 2005
The Andersons, Inc. , today announced a correction to the Statement of Cash Flows for the nine month period ended September 30, 2005 which the company had included in its 10-Q filing with the...
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Nov 3, 2005
The Andersons, Inc. today announced that its Toledo ship-loading facility damaged earlier this year will be completely restored. The facility, leased from Cargill, Incorporated, incurred heavy...
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Nov 2, 2005Company Reaffirms EPS Guidance of $2.20 to $2.50 For 2005
The Andersons, Inc. , today announced a net loss of $0.6 million for the third quarter. In the same three-month period last year, the company reported a net income of $1.0 million. Earnings per...
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Oct 27, 2005
The Andersons, Inc. announces the following Webcast: What: The Andersons, Inc. 2005 Third Quarter Earnings Conference Call When: Thursday, November 3, 2005, 11:00 A.M. ET Where:...
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Oct 20, 2005
The Andersons Albion Ethanol LLC and Continental Carbonic Products, Inc. today announced that the two parties have entered into a supply agreement for the off-take of carbon dioxide (CO2) from The...
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Oct 19, 2005
The Andersons, Inc. today announced the selection of Clymers, Indiana as the site for its proposed new corn ethanol plant with the support and assistance of the state of Indiana through the...
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Oct 19, 2005
The Andersons, Inc. today announced the selection of Clymers, Indiana as the site for its proposed new corn ethanol plant with the support and assistance of the state of Indiana through the...
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Sep 14, 2005
The Andersons, Inc. announced today the September 15th, 1:00 p.m., groundbreaking for a 55 million gallon ethanol plant to be built at the site of its grain terminal in Albion, Michigan. The...
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Aug 18, 2005Cash Dividend of 8-1/2 Cents Per Share Declared
The Andersons, Inc. announced today the restructuring of its Processing Group. The Group's Lawn business unit will focus on the professional market and on areas where it can add value in the...
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Aug 2, 2005EPS of $1.48 for First Half up $0.17 from 2004
The Andersons, Inc. , today announced second-quarter 2005 net income of $10.4 million, an improvement of $0.3 million from the second quarter of 2004 when the company earned $10.1 million....
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Jul 29, 2005
The Andersons, Inc. today announced that its Board of Directors has created a new directorship and has appointed Robert J. King, Jr. to fill the additional board position. The company is pleased...
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Jul 29, 2005
The Andersons, Inc. today announced it has completed the purchase of two business units from Master Chemical Corporation, Perrysburg, Ohio. Hydroflow Systems, LLC and Systems Equipment Division...
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Jul 27, 2005
The Andersons, Inc. announces the following Webcast: What: The Andersons, Inc. 2005 Second Quarter Earnings Conference Call When: Wednesday, August 3, 2005, 11:00 A.M. Eastern Where:...
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Jul 12, 2005
The Andersons, Inc. today announced it has completed the acquisition of 1,600 rail cars to be added to the assets of the Rail Group. The newly acquired rail cars are currently in lease service...
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Jul 5, 2005
The Andersons, Inc. today stated that damage to one of its two ship-loading grain elevators in Toledo will not prevent the company from meeting its customer service commitments. The elevator,...
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May 6, 2005
The Andersons, Inc. today announced a cash dividend of 8-1/2 cents per share, payable July 22, 2005, to shareholders of record on July 1, 2005. This dividend represents a 6.3% increase over the...
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May 4, 2005EPS of $0.14 for Period Up $0.17 From 2004
The Andersons, Inc. , today announced first-quarter 2005 net income of $1.0 million, or $0.14 per diluted share. This was an improvement of $1.2 million, or $0.17 per diluted share, from the first...
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Apr 28, 2005
The Andersons, Inc. announces the following Webcast: What: The Andersons, Inc. 2005 First Quarter Earnings Conference Call When: Thursday, May 5, 2005, 11:00 A.M. Eastern Where:...
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Mar 30, 2005
The Andersons, Inc. today announced it has completed the acquisition of 1,180 rail cars to be added to the assets of the Rail Group. Terms of the purchase were not disclosed. The company also...
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Mar 14, 2005
The Andersons, Inc. today announced a cash dividend of 8 cents per share, payable April 22, 2005, to shareholders of record on April 1, 2005. This is The Andersons' 34th quarterly cash dividend...
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Feb 28, 2005
The Andersons, Inc. today announced that it has committed $30,000 to relief agencies providing aid to the victims of the December tsunami in South Asia. The American Red Cross International...
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Feb 16, 2005
The Andersons Inc. today announced that it is considering its Albion, Michigan, grain facility as a possible location for the construction of an ethanol production facility. The 77-acre site,...
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Feb 9, 2005EPS of $2.55 for Year vs. $1.59 in 2003
The Andersons, Inc. , today announced fourth-quarter 2004 net income of $8.3 million, or $1.09 per diluted share. In the same three-month period of 2003, the company's net income was $6.7 million,...
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Feb 3, 2005
The Andersons, Inc. announces the following Webcast: What: The Andersons, Inc. 2004 Fourth Quarter & Year End Conference Call When: Thursday, Feb. 10, 2005 at 10:00 a.m. EST Where:...
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Jan 24, 2005December Grain Performance Driving Factor
The Andersons, Inc. , today revised its 2004 full-year earnings projection upward to a range of $2.50 to $2.60 per diluted share. In early December, the company had projected its full-year...
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Jan 5, 2005
The Andersons, Inc. today announced that Naran U. Burchinow has joined the company as its Vice President, General Counsel and Secretary. He succeeds Beverly McBride who is retiring after 28 years...
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Dec 29, 2004
The Andersons, Inc. today announced a cash dividend of 8 cents per share, payable Jan. 24, 2005, to shareholders of record on Jan. 1, 2005. This is The Andersons' 33rd quarterly cash dividend...
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Dec 7, 2004Grain and Rail Businesses Continue to Drive Improvement
The Andersons, Inc. , today revised its full-year earnings projection upward to a range of $2.20 to $2.40 per diluted share. Previously, the company had projected its full-year earnings to be in...
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Nov 3, 2004Cites Growth in Rail and Agriculture Businesses
The Andersons, Inc. , today announced that its net income and earnings per share in the most recent three-month period were the best third-quarter performance in the company's history. For the...
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Oct 28, 2004
The Andersons, Inc. announces the following Webcast: What: The Andersons, Inc. 2004 Third Quarter Conference Call When: Thursday, Nov. 4, 2004 at 11:00 a.m. EST Where: http://www.andersonsinc.com/ or
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Sep 14, 2004Cites Improvements in Grain and Rail Businesses
The Andersons, Inc. , today revised its full-year earnings projection upward to a range of $1.80 to $2.05 per diluted share. This 8 to 9 percent increase marks the second time the company has...