Founded in 1947, Andersons, Inc. (ANDE) is a diversified company that has grown from a single grain elevator in Maumee, Ohio, to a multi-faceted corporation with six business operating segments. These units encompass agriculture, including grain, plant nutrients, and in particular, ethanol; retail, through large-scale, indoor garden centers; and rail, with a fleet of more than 23,000 railcars and locomotives.
As a publicly-traded company on the NASDAQ with ticker ANDE, Anderson's business operations are broad and intrinsically linked to the industries that help feed and fuel America. Its primary role in the agriculture sector involves trade, handling, and processing of grain and grain byproducts for the food and alcohol industries. It also offers plant nutrient products to farmers to improve their crop yield. In the field of ethanol, Andersons is an acknowledged leader that works towards producing a renewable, clean-burning fuel, thereby contributing significantly to the country's energy solutions.
True to its roots in Ohio, the retail group operates the Andersons stores that are familiar fixtures in communities across the state. These outlets offer a unique shopping experience, covering a remarkable range of products from food, wine, and gourmet goodies, to hardware, appliances, and garden essentials.
Further diversifying its operations, the rail group of Andersons Inc. services all aspects of the bulk freight industry. From leasing and sales, to repairs and fleet management, their comprehensive rail services form an integral connection within the North American supply chain, effectively serving key industries that are significant to the economy.
Maintaining a commitment to strong core values and ethical practices, Andersons, Inc. marks over 70 years of continuous growth and diversification. It has built a reputation for adapting to market changes, investing in cutting-edge facilities, and nurturing strong relationships with customers and community. By continually evolving its service offerings and maintaining a strong focus on business growth, it has established a credible, trusted position within the industries it serves. In 2021, the company celebrated its 75th anniversary, further cementing its place as a staple in American industry and retail. Interestingly, Andersons, Inc. continues to thrive by maintaining its commitment to the philosophy of its founder, Harold Anderson, which focuses on serving customers with fairness and integrity.