The Andersons

#4344

Rank

$1.25B

MarketCap US

US United States

Country

Summary
The Andersons, Inc., an agriculture company, operates in trade, renewables, and plant nutrient sectors in the United States and internationally. The company's Trade segment operates grain elevators; stores commodities; and provides grain marketing, risk management, and origination services to its customers and affiliated ethanol facilities. This segment also engages in the commodity merchandising business, as well as offers logistics for physical commodities, such as whole grains, grain products, feed ingredients, domestic fuel products, and other agricultural commodities. Its Renewables segment produces, purchases, and sells ethanol, and co-products, as well as offers facility operations, risk management, and ethanol and coproducts marketing services to the ethanol plants it invests in and operates. The company's 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. It also offers warehousing, packaging, and manufacturing services to nutrient producers and other distributors; and manufactures and distributes various industrial products, such as nitrogen reagents for air pollution control systems that are used in coal-fired power plants, and water treatment and dust abatement products. In addition, this segment produces corncob-based products for laboratory animal bedding and private-label cat litter, as well as absorbents, blast cleaners, carriers, and polishers; professional lawn care products for golf course and turf care markets; fertilizer and weed and pest control products; pelleted lime, gypsum, and value add soil amendments; and specialty ag liquids, seed starters, zinc, and industrial liquids. The Andersons, Inc. was founded in 1947 and is based in Maumee, Ohio.

History

The Andersons got its start in Maumee, Ohio, in 1947 when 32-year-old farmer Harold Anderson watched a local elevator company struggle to handle a bumper crop of corn. He used his own money to buy the on-site grain elevator and invested in a few other businesses, setting the stage for the company’s diversified strategy.


Mission
We plan to partner with farmers, manufacturers and our team of employees to produce and deliver best-in-class products and services, in pursuit of sustainable growth and superior returns.

Vision
To be the partner of choice to serve the success of today’s agriculture while investing in the promise of tomorrow.

Key Team

Ms. Christine M. Castellano (Exec. VP, Gen. Counsel & Corp. Sec.)

Mr. Joseph E. McNeely (Pres of The Andersons Nutrient and Industrial)

Katelin Langenderfer (Corp. Communications Mang.)

John Kraus (Director of Investor Relations)

Mr. Daniel T. Anderson (Pres of Retail Group)

Michael T. Hoelter (VP, Corp. Controller & Investor Relations)

Mr. Brian K. Walz (VP & Treasurer)


Recognition and Awards
The Andersons has been named to Forbes magazine’s America’s Most Trustworthy Companies list in 2019 and 2020. The company was the top-ranked company from Ohio.

References
The Andersons
Leadership team

Mr. Patrick E. Bowe (Pres, CEO & Director)

Mr. Brian A. Valentine (Exec. VP & CFO)

Mr. William E. Krueger (Chief Operating Officer)

Products/ Services
Agriculture, Food Processing, Retail
Number of Employees
1,000 - 20,000
Headquarters
Maumee, Ohio, United States
Established
1947
Company Registration
SEC CIK number: 0000821026
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
ANDE
Social Media
Sat Feb 24 2024
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