Andersons Going Strong – Analyst Blog
Zacks Market Commentaries (September 25th, 2009) Writes:
The Andersons, Inc. (ANDE) is a well diversified company with interests in the grain, ethanol and plant nutrient sectors, as well as in railcar leasing and repair, turf products production, and general merchandise retailing.
Andersons’ grain business is benefiting from increased space income. Given its positive outlook for the grain business, the company is keen on increasing its storage capacity. The company recently added 4 million bushels of capacity, expanding the company’s total grain storage capacity to more than 101 million bushels.
In addition, Andersons is working on expanding the capacity at two of its existing facilities. The company said that each facility will increase its capacity by 750,000 bushels within the next few months. The company seeks to expand its presence into new markets through storage agreements, leases and acquisitions.
Andersons’ focus on value-added proprietary products extended product lines in the Turf & Specialty ...


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