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About
The Andersons, Inc. is a diversified company, which is rooted in agriculture. It engages in railcar leasing and repair, turf products production, and consumer retailing. The company operates through the following segments: Grain, Ethanol, Rail, Plant Nutrient, and Retail. The Grain segment operates grain elevators in various states in the United States. The Ethanol segment holds investments in ethanol production facilities organized as separate limited liability companies. The Rail segment buys, sells, leases, rebuilds, and repairs various types of used railcars and rail equipment. The Plant Nutrient segment manufactures and distributes a variety of industrial products throughout the Unites States and Puerto Rico including nitrogen reagents for air pollution control systems used in coal-fired power plants, as well as water treatment and dust abatement products. The Retail segment includes large retail stores operated as The Andersons and a specialty food market operated as The Andersons Market. The company was founded by Harold Anderson and Margaret Anderson in 1947 and is headquartered in Maumee, OH. | |||
Description
The Andersons, Inc., together with its subsidiaries, engages in the grain, ethanol, plant nutrient, railcar leasing, turf and cob products, and retailing businesses in the United States and internationally. It operates through five segments: Grain, Ethanol, Rail, Plant Nutrient, and Retail. The Grain segment operates grain elevators; stores grains; and provides grain marketing, risk management, and corn origination services. The Ethanol segment purchases and sells ethanol; and offers facility operations, risk management, and ethanol and corn oil marketing services to the ethanol plants. The Rail segment leases, sells, and repairs various types of railcars, locomotives, and barges; provides fleet management services to private railcar owners; and invests in short-line railroad, as well as offers metal fabrication services. The Plant Nutrient segment manufactures, distributes, and retails agricultural and related plant nutrients, corncob-based products, and pelleted lime and gypsum products; and crop nutrients, crop protection chemicals, and seed products, as well as provides application and agronomic services to commercial and family farmers. This segment also offers warehousing, packaging, and manufacturing services to nutrient producers and other distributors; and manufactures and distributes nitrogen reagents for air pollution control systems. In addition, this segment produces professional turf care products for golf course and turf care markets; and fertilizer and control products to merchandisers, independent retailers, and other lawn fertilizer manufacturers, as well as provides contract manufacturing of fertilizer and control products. The Retail segment operates retail stores; a specialty food store; a distribution center; and engages in lawn and garden equipment sales and service activities. The Andersons, Inc. was founded in 1947 and is based in Maumee, Ohio. |