Press Releases
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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...
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Aug 19, 2004
The Andersons, Inc. today announced a cash dividend of 8 cents per share, payable October 21, 2004, to shareholders of record on October 1, 2004. This dividend represents a 6.7% increase over the...
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Aug 4, 20042nd Qtr. Net Income Of $10.1 Million Up 29% From Last Year
The Andersons, Inc. , today announced that its net income and earnings per share in the most recent three-month period were the best quarterly performance in the company's history. For the second...
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Jul 29, 2004
The Andersons, Inc. announces the following Webcast: What: The Andersons, Inc. 2004 Second Quarter Conference Call When: Thursday, August 5, 2004 at 11:00 a.m. Eastern Where:...
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Jul 20, 2004
The Andersons, Inc. announced today it has reached an agreement to sell its Lyons, OH and Munson, MI Farm Centers to Archbold Agri-Services. Under the new ownership, the facilities will continue...
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Jul 13, 2004
Lansing Grain Company, LLC, today announced that it has finalized an agreement to purchase selected Idaho grain-handling facilities from General Mills . Lansing Grain, based in Okemos, Michigan,...
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May 17, 2004
The Andersons, Inc. today announced a cash dividend of 7-1/2 cents per share, payable July 22, 2004, to shareholders of record on July 1, 2004. This is The Andersons' 31st consecutive quarterly...
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May 5, 2004First Qtr. EPS $(0.03) This Year vs. $(0.07) in 2003
The Andersons, Inc. , today reported a first quarter loss of $0.2 million, or three cents per diluted share. In the same three-month period of 2003, the company incurred a loss of $0.5 million, or...
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Apr 29, 2004
The Andersons, Inc. announces the following Webcast: What: The Andersons, Inc. 2004 First Quarter Conference Call When: Thursday, May 6, 2004 at 11:00 a.m. ET Where: http://www.andersonsinc.com/...
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Mar 15, 2004
The Andersons, Inc. today announced a cash dividend of 7-1/2 cents per share, payable April 22, 2004, to shareholders of record on April 1, 2004. This is The Andersons' 30th consecutive quarterly...
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Dec 15, 2003
The Andersons, Inc. today announced a cash dividend of 7-1/2 cents per share, payable January 22, 2004, to shareholders of record on January 2, 2004. This dividend represents a 7% increase over...
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Oct 22, 2003EPS $0.33 Loss vs. $0.09 Loss Last Year
The Andersons, Inc. , today announced a third-quarter operating loss of $2.3 million, or $0.33 per diluted share. In the same three-month period of 2002, the loss was $0.6 million, or $0.09 per...
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Oct 17, 2003
The Andersons, Inc. announces the following Webcast: What: The Andersons, Inc. 2003 Third Quarter Earnings Webcast When: Thursday, Oct. 23, 2003 at 11:00 a.m. ET Where: http://www.andersonsinc.com/ or
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Oct 15, 2003
The Board of Directors at Lansing Grain Company, LLC, today named Bill Krueger, currently Chief Operating Officer, to the office of President. Dale Mayhew, formerly CEO and President, is the newly...
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Oct 9, 2003
The Andersons, Inc. today announced that it has signed a lease/purchase agreement with Farmers Elevator Company of Oakville, Inc. Under the terms of the agreement, The Andersons will purchase...
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Sep 17, 2003
The Andersons, Inc. today announced that it is finalizing a letter of intent to negotiate a lease/management agreement with Farmers Elevator Company of Oakville, Inc. (FECO). The Indiana co-op...
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Aug 25, 2003
The Andersons, Inc. today announced a cash dividend of $0.07 per share, payable October 21, 2003, to shareholders of record on October 1, 2003. This is The Andersons' 28th consecutive quarterly...
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Aug 19, 2003
The Andersons, Inc. , today announced its plan to restate income for 2002 and the first quarter of 2003. Net income for 2002 will increase by $0.9 million, or $0.13 per diluted share, and net...
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Jul 31, 2003
The Andersons, Inc. today announced its intent to purchase the shares of Agrico Canada Ltd/Lte. Agrico Canada is a privately held Canadian company that markets and distributes plant nutrients to...
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Jul 23, 2003EPS $1.08 vs. $1.17 Last Year
The Andersons, Inc. , today announced second-quarter net income of $7.8 million, or $1.08 per diluted share. In the same three-month period of 2002, the company reported net income of $8.8...
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Jul 18, 2003
The Andersons, Inc. announces the following Webcast: What: The Andersons, Inc. 2003 Second Quarter Earnings Webcast When: Thursday, July 24, 2003 at 11:00 a.m. ET Where:...
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May 15, 2003
The Andersons, Inc. today announced a cash dividend of $0.07 per share, payable July 22, 2003, to shareholders of record on July 1, 2003. This is The Andersons' 27th consecutive quarterly cash...
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Apr 28, 2003EPS of $0.05 For Period Vs. $0.22 Last Year
The Andersons, Inc. , today reported first quarter net income of $0.4 million, or $0.05 per diluted share. In the same three-month period of 2002, the company earned $1.6 million, or $0.22 per...
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Apr 22, 2003
The Andersons, Inc. announces the following Webcast: What: The Andersons, Inc. 2003 First Quarter Earnings Webcast When: Tuesday, April 29, 2003 at 11:00 a.m. ET Where: http://www.andersonsinc.com/ or
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Mar 11, 2003The Andersons to Form LLC to Acquire Railcars and Locomotives Second Quarter Cash Dividend Announced
The Andersons, Inc. today announced it has signed a letter of intent to acquire selected railroad leasing assets from Railcar, Ltd. Railcar, Ltd., a Progress Rail Services Company, is a...
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Feb 5, 2003Full-Year Net Income up 50% EPS of $1.79 vs. $1.21 in 2001
The Andersons, Inc. , today reported net income of $13.3 million, or $1.79 per diluted share, for the 2002 calendar year. Both of these represented new performance records for the company. In...
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Jan 30, 2003
The Andersons, Inc. announces the following Webcast: What: The Andersons, Inc. 2002 Fourth Quarter and Year End Earnings Webcast When: Thursday, Feb. 6, 2003 at 11:00 a.m. ET Where:...
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Dec 17, 2002
The Andersons, Inc. today announced a cash dividend of 7 cents per share, payable January 22, 2003, to shareholders of record on January 2, 2003. This dividend represents an 8% increase over the...
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Dec 10, 2002
The Andersons, Inc., an Ohio-based agribusiness/retailer, anticipates 2002 profit will exceed Wall Street's current estimates. Thanks to earnings improvements in all four business units, the...
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Nov 4, 2002
Powerspan Corp., developer of ECO multi-pollutant control technology for power plants, has signed an agreement with The Andersons Agriculture Group, LLP, whereby The Andersons will manage...
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Oct 23, 2002Nine Months EPS $1.37 Vs. $0.62 Last Year
The Andersons, Inc. , today announced a net loss of $84 thousand for the third quarter, or $0.01 per diluted share. In the same three-month period of 2001, the company reported a loss of $1.9...
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Oct 21, 2002
The Andersons, Inc. , has signed a letter of intent to form a Limited Liability Company (LLC) with Lansing Grain Company. The Andersons, a prominent regional player in grain merchandising, will be...
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Oct 17, 2002
The Andersons, Inc. announces the following Webcast: What: The Andersons, Inc. 3rd Quarter Earnings Webcast When: Thursday, Oct. 24, 2002 at 11:00 a.m. EDT Where: http://www.andersonsinc.com/ or...
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Aug 27, 2002
American Agrisurance Inc.® (AmAg®) and The Andersons, Inc, Maumee, OH, today announced the renewal of a licensing agreement for The Andersons' Crop Revenue Profiler® software program, and the...
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Aug 16, 2002
The Andersons, Inc. yesterday announced a cash dividend of 6.5 cents per share, payable October 21, 2002, to shareholders of record as of October 1, 2002. There are approximately 7.3 million...
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Jul 24, 2002Improvement in Processing, Rail & Retail Segments
The Andersons, Inc. , today announced second-quarter net income of $8.8 million, or $1.17 per diluted share. In the same three-month period of 2001, the company reported net income of $7.3...
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Jul 18, 2002
The Andersons, Inc. announces the following Webcast: What: The Andersons, Inc. 2nd Quarter Earnings Webcast When: Thursday, July 25, 2002 at 11:00 a.m. EDT Where: http://www.andersonsinc.com/ or...
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Apr 25, 2002
The Andersons, Inc. today announced a cash dividend of 6.5 cents per share, payable July 22, 2002, to shareholders of record as of July 1, 2002. There are approximately 7.3 million common shares...
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Apr 23, 2002EPS 22 Cents vs. 11 Cents Loss Last Year Improvement in Processing, Rail & Retail Segments
The Andersons, Inc. , today announced first quarter net income of $1.6 million, or $0.22 per diluted share. In the same three-month period of 2001, the company incurred a loss of $0.8 million, or...
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Apr 23, 2002
In conjunction with The Andersons, Inc. First Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Wednesday, April 24 at...
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Apr 22, 2002
In conjunction with The Andersons, Inc. First Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Wednesday, April 24 at...
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Feb 22, 2002
The Andersons, Inc. today announced a cash dividend of 6.5 cents per share, payable April 22, 2002, to shareholders of record as of April 1, 2002. There are approximately 7.3 million common shares...
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Feb 4, 20024th Qtr. EPS of 59 cents Equals Same Period in 2000
The Andersons, Inc. , today announced net income of $4.3 million, or $0.59 per diluted share, for the fourth quarter of 2001. In the same three-month period of the previous year, the company also...
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Feb 4, 2002
In conjunction with The Andersons, Inc., Fourth Quarter and Year-End earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Tuesday,...
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Feb 1, 2002
In conjunction with The Andersons, Inc., Fourth Quarter and Year-End earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Tuesday,...
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Dec 14, 2001
The Andersons, Inc. today announced a cash dividend of 6.5 cents per share, payable Jan. 22, 2002, to shareholders of record on Jan. 2, 2002. The board also authorized the company to repurchase...
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Oct 24, 2001Revenues up 5.7%, Operating Loss Narrows
The Andersons, Inc. , today announced a net loss of $1.9 million, or $0.26 per diluted share, for the third quarter of 2001, a 14 percent improvement from the comparable period last year when the...
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Oct 24, 2001
In conjunction with The Andersons Third Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, Oct. 25, 2001 at 11:00...
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Oct 23, 2001
In conjunction with The Andersons Third Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, Oct. 25, 2001 at 11:00...
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Aug 20, 2001
The Andersons, Inc. today announced a cash dividend of 6.5 cents per share, payable Oct. 22, 2001, to shareholders of record on Oct. 1. This is the company's 20th consecutive quarterly cash...
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Jul 25, 2001
The Andersons, Inc. , today announced net income of $7.3 million, or $0.99 per diluted share, for the second quarter of 2001. In the comparable period last year, the company earned $6.7 million,...
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Jul 25, 2001
In conjunction with The Andersons' second quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, July 26, 2001 at...
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Jul 24, 2001
In conjunction with The Andersons' second quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, July 26, 2001 at...
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Apr 30, 2001
The Andersons, Inc. today announced a cash dividend of 6.5 cents per share, payable July 23, 2001, to shareholders of record on July 2. This is the company's 19th consecutive quarterly cash...
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Apr 25, 2001EPS (11) cents vs. 16 cents Last Year
The Andersons, Inc. , today announced a net loss of $815,000, or $0.11 per diluted share, for the first quarter of 2001. In the comparable period last year, the company earned $1.2 million net...
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Feb 28, 2001
The Andersons, Inc. today announced a cash dividend of 6.5 cents per share, payable April 23, 2001, to shareholders of record on April 2. This is the company's 18th consecutive quarterly cash...
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Jan 31, 20012000 Full-Year EPS $1.34 vs. $1.03 in 1999
The Andersons, Inc. , today announced net income of $4.4 million, or $0.59 per diluted share, for the fourth quarter, $1.0 million higher than the $3.4 million, or $0.43 per diluted share, in the...
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Jan 31, 2001
In conjunction with The Andersons' Fourth Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, February 1, 2001 at...