A Brief History of The Andersons, Inc. (ANDE)

The Andersons, Inc. is a diversified company that was founded in 1947 by Harold Anderson, a Toledo, Ohio-based entrepreneur. The company initially started as a single grain elevator in the northwest Ohio town of Maumee.

Over the years, The Andersons expanded its operations and diversified into various businesses including agriculture, railcar leasing, retail, and ethanol production. In 1996, the company went public and began trading on the NASDAQ stock exchange under the ticker symbol ANDE.

• Agriculture: The Andersons operates grain elevators, fertilizer plants, and farm centers across the Midwest, serving farmers with a range of agricultural products and services.
• Railcar Leasing: The company is one of the largest lessors of railcars in North America, providing transportation solutions to a wide range of industries.
• Retail: The Andersons also operates a chain of retail stores that offer a variety of products including home improvement, lawn and garden supplies, and pet food.
• Ethanol Production: The company has several ethanol plants that produce fuel for cars and trucks, contributing to the renewable energy sector.

The Andersons, Inc. has grown to become a prominent player in the agribusiness sector, with a strong focus on innovation, sustainability, and customer service.

Who Owns The Andersons, Inc. (ANDE)

The Andersons, Inc. is a publicly traded company, which means that it is owned by a combination of individual and institutional investors who hold shares of the company's stock. As of the most recent data available, the ownership of The Andersons, Inc. is as follows:

• Institutional Investors: Institutional investors such as mutual funds, pension funds, and hedge funds own a significant portion of The Andersons, Inc. These investors often hold large amounts of stock in the company and can have a significant influence on its direction.
• Insiders: Insiders of a company, including executives, board members, and employees, also own a portion of The Andersons, Inc. Insiders may have access to non-public information about the company and their ownership stake can signal confidence in the company's future prospects.
• Individual Investors: Individual investors, including retail investors and high net-worth individuals, also own shares of The Andersons, Inc. These investors may purchase stock through a brokerage account or retirement savings plan.

Overall, the ownership of The Andersons, Inc. is diverse and includes a mix of institutional, insider, and individual investors who have a stake in the company's performance and success.

The Andersons, Inc. (ANDE) Mission Statement

The Andersons, Inc. is a diversified company rooted in agriculture. Our mission is to enhance the growth and prosperity of our stakeholders by providing exceptional services and products in the grain, ethanol, plant nutrient, railcar, and retail sectors.

At the core of our company values is a commitment to integrity, innovation, and excellence. We strive to uphold the highest ethical standards in all aspects of our business operations, while continuously seeking new and improved ways to serve our customers and contribute to the communities in which we operate.

• Integrity: We conduct our business with honesty, transparency, and accountability.
• Innovation: We embrace change and proactively seek out new opportunities for growth and improvement.
• Excellence: We are committed to delivering high-quality products and services that exceed the expectations of our customers.

Through our dedication to these core values, The Andersons, Inc. aims to be a trusted and respected leader in the agriculture industry, driving sustainable growth and creating value for all of our stakeholders.

Agriculture: The Andersons, Inc. provides a wide range of products and services to help farmers meet their needs. This includes selling seed, fertilizer, and other agricultural inputs, as well as offering crop insurance and risk management services.

Grain: The company operates grain storage facilities and grain elevators where they purchase, store, and sell grain. They also provide grain marketing services to help farmers get the best prices for their crops.

Ethanol: The Andersons, Inc. is involved in the production and marketing of ethanol, a renewable fuel that is used as an additive in gasoline. They operate several ethanol plants and also offer transportation and logistics services for ethanol distribution.

Plant Nutrient: The company manufactures and distributes a variety of plant nutrient products such as fertilizer, micronutrients, and soil amendments. These products help farmers improve the health and productivity of their crops.

Rail: The Andersons, Inc. owns and operates a railcar leasing business that provides railcars to shippers in various industries. They also offer railcar repair and maintenance services to ensure the safe and efficient operation of their fleet.

Overall, The Andersons, Inc. works to support the agricultural industry by providing essential products and services to farmers, grain producers, ethanol producers, and other stakeholders in the food and energy supply chain.

How The Andersons, Inc. (ANDE) Makes Money

1. Agriculture Business: The Andersons, Inc. generates a significant portion of its revenue from its agriculture business. This segment includes the production and distribution of various agricultural products such as grains, fertilizers, and seeds. The company sells these products to farmers and other customers in the agricultural industry.

2. Ethanol Production: Another important source of revenue for The Andersons, Inc. is its ethanol production business. The company owns and operates several ethanol plants that produce ethanol fuel from corn. This business segment benefits from the increasing demand for renewable fuel sources.

3. Rail Group: The Andersons, Inc. also makes money through its rail group, which provides railcar leasing and repair services. The company owns a fleet of railcars that it leases to customers in various industries, including agriculture, energy, and chemicals. Additionally, the company offers repair and maintenance services for railcars, generating additional revenue.

4. Retail Business: The Andersons, Inc. operates a chain of retail stores that sell products such as lawn and garden supplies, pet food, and home goods. This retail segment contributes to the company's overall revenue by serving consumers in local communities.

• 5. Grain Trading:
The Andersons, Inc. engages in grain trading activities, buying and selling grains such as corn, soybeans, and wheat. This segment allows the company to benefit from price fluctuations in the commodity markets.
• 6. Plant Nutrient Distribution:
The company distributes plant nutrients, including fertilizers and crop protection products, to farmers and agricultural retailers. This business segment helps The Andersons, Inc. capitalize on the growing global demand for agricultural inputs.