News Releases - 2017

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The Andersons, Inc. 2017 Investor Day  (Live)
Thursday, December 07, 2017 at 8:30 a.m. ET
 
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11/16/2017The Andersons Announces New President of the Plant Nutrient Group
Jeffrey C. Blair to Join the Company on December 4, 2017 MAUMEE, Ohio, Nov. 16, 2017 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announced today that Jeffrey C. Blair will join the company as the President of the Plant Nutrient Group effective December 4, 2017. Blair will lead the entire Plant Nutrient Group, which includes several diverse product lines and businesses. Blair replaces Bill Wolf who previously announced his retirement. Blair and Wolf will work together through the en... 
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11/06/2017The Andersons, Inc. Reports Third Quarter Results
MAUMEE, Ohio, Nov. 6, 2017 /PRNewswire/ -- The Andersons, Inc. (NASDAQ: ANDE) announces financial results for the third quarter ended September 30, 2017. The Company reports net income of $2.5 million, or $0.09 per diluted share compared to $1.7 million and $0.06 per share in third quarter 2016. Grain Group records pretax income of $2.6 million on continued strong grain storage capacity utilization. Ethanol Group earns $6.2 million of pretax incom... 
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09/07/2017The Andersons, Inc. 2017 Investor Day
MAUMEE, Ohio, Sept. 7, 2017 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) will hold an investor day on Thursday, December 7, 2017 at 8:30 a.m. (Eastern) in New York City with presentations given by President and Chief Executive Officer Pat Bowe, Chief Financial Officer John Granato and other members of executive management. The presentations, including question and answer sessions, are expected to conclude at approximately noon. Conference call details ... 
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08/25/2017The Andersons, Inc. Declares Cash Dividend for the Fourth Quarter
MAUMEE, Ohio, Aug. 25, 2017 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces a fourth quarter 2017 cash dividend of 16 cents ($0.16) per share payable October 23, 2017, to shareholders of record on October 2, 2017. This is The Andersons' 84th consecutive quarterly cash dividend since listing on the Nasdaq on February 20, 1996. There are approximately 28.3 million common outstanding shares. About The Andersons, Inc. Founded in Maumee, Ohio, ... 
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08/03/2017The Andersons, Inc. Reports Second Quarter Results
MAUMEE, Ohio, Aug. 3, 2017 /PRNewswire/ -- The Andersons, Inc. (NASDAQ: ANDE) announces financial results for the second quarter which ended June 30, 2017. The Company reports a net loss of $26.7 million, or ($0.94) per diluted share, and adjusted net income of $15.3 million, or $0.54 per diluted share, up six percent over the prior year. Reported results include $3.5 million in pretax costs associated with exiting the Retail business. Adjusted results exclud... 
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08/03/2017The Andersons Announces Srikanth Dasari as new Vice President and Treasurer
MAUMEE, Ohio, Aug. 3, 2017 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announced today that Srikanth Dasari will be the new Vice President and Treasurer for the company. Dasari will report to John Granato, Chief Financial Officer of The Andersons. "Srikanth has a deep background in finance, holding leadership positions at major corporations such as Westinghouse, Dow Corning and Owens-Illinois," said Granato. "His background in credit, treasury, lean s... 
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05/12/2017The Andersons, Inc. Declares Cash Dividend for the Third Quarter
MAUMEE, Ohio, May 12, 2017 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) today announced a third quarter 2017 cash dividend of 16 cents ($0.16) per share payable July 24, 2017, to shareholders of record on July 3, 2017. This is The Andersons' 83rd consecutive quarterly cash dividend since listing on the Nasdaq on February 20, 1996. There are approximately 28.4 million common outstanding shares. About The Andersons, Inc. Founded in Maumee, Ohio, in... 
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05/03/2017The Andersons, Inc. Reports First Quarter Results
MAUMEE, Ohio, May 3, 2017 /PRNewswire/ -- The Andersons, Inc. (NASDAQ: ANDE) announces financial results for the first quarter ended March 31, 2017. Company reports net loss of $3.1 million or $0.11 per diluted share; results include $7.8 million in pretax costs associated with exiting the Retail business and a $4.7 million pretax gain on the sale of the Florida farm centers. Grain Group records a $12.3 million pretax year-over-year improvement, but incu... 
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03/31/2017The Andersons Finalizes Sale of Farm Center Locations in Florida
MAUMEE, Ohio, March 31, 2017 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces today it has completed the sale of its farm center facilities in Florida to Wedgworth's Inc., of Belle Glade, Florida. The plan to sell the Florida locations was first announced by The Andersons on March 6, 2017. "We believe the sale of these farm centers to Wedgworth's provides the best solution for the operation of these facilities as well as for employees and customer... 
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03/06/2017The Andersons Enters into Agreement to Sell Farm Center Locations in Florida
MAUMEE, Ohio, March 6, 2017 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces it has signed an agreement to sell its farm center locations in Florida to Wedgworth's Inc., of Belle Glade, Florida. This agreement includes real estate and assets owned by The Andersons at Zellwood, Clewiston, and Lake Placid as well as the assets and operations located in Immokalee. "Over time it has become clear the Florida farm centers are not strategically aligned ... 
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03/03/2017The Andersons, Inc. Declares Cash Dividend for the Second Quarter
MAUMEE, Ohio, March 3, 2017 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) today announced a second quarter 2017 cash dividend of 16 cents ($0.16) per share payable April 24, 2017, to shareholders of record on April 3, 2017. This is The Andersons' 82nd consecutive quarterly cash dividend since listing on the Nasdaq on February 20, 1996. There are approximately 28.3 million common outstanding shares. About The Andersons, Inc. Founded in Maumee, Ohio... 
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02/15/2017The Andersons, Inc. Reports Fourth-Quarter and Full Year Results
MAUMEE, Ohio, Feb. 15, 2017 /PRNewswire/ -- The Andersons, Inc. (NASDAQ: ANDE) announces financial results for the fourth quarter and full year ended December 31, 2016. Company reports net income of $11.6 million or $0.41 per diluted share for 2016. Rail Group leads the way with $32.4 million of pretax income for the year Ethanol Group delivers $24.7 million of pretax income Grain Group continued its rebound with pretax income of $12.9 million in the... 
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01/15/2017The Andersons to Exit Retail Business
MAUMEE, Ohio, Jan. 15, 2017 /PRNewswire/ -- The Andersons, Inc. (Nasdaq:ANDE) announces today its plans to exit the retail business and close its remaining four retail stores in the second quarter of 2017. The retail closings will have no impact on the Company's grain, ethanol, plant nutrient and rail operations. "The decision to close The Andersons stores was not easy for anyone involved," says CEO Pat Bowe. "Choosing to cease a business that has spanned 65 ... 
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Grain
Ethanol
Plant Nutrient
Rail