Press Releases

The Andersons, Inc. today announced a Sylvania, Ohio, site has been selected for a new store concept to market specialty foods.

The Andersons specialty food store will serve as an anchor of a retail center, being developed by Tomahawk Development Co., located near the corners of King Road and Sylvania Avenue. The Andersons Market, occupying a space of about 30,000 square feet, will have a product offering with a strong emphasis on "freshness" that features produce, deli and bakery items, fresh meats, specialty and conventional dry goods, wine and beer presented in an atmosphere that is both educational and fun.

"We have seen growing success with our conventional and specialty food product offering in our existing stores and have chosen to expand that offering through this new store concept," explains Mike Anderson, President and CEO. "We appreciate the support we continually receive from our customers and see this as an opportunity to provide a venue to further serve the needs of the greater Toledo area."

The Andersons, Inc. operates six stores, most measuring 140,000 square feet in size, in the Toledo, Columbus, and Lima markets. There are currently three stores in the Toledo area that features a variety of home improvement, hardware, general mass merchandise, pet, lawn and garden, and specialty food product offerings. The new specialty foods concept will carry only food- related products.

When completed in the first half of 2007, the new store will have a workforce of about 85 employees.

During the coming months, The Andersons will provide further details regarding The Andersons Market specialty food store in Sylvania, Ohio.

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.

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SOURCE: The Andersons, Inc.