75 Years of History
Our story started with little more than one man’s dream. From humble beginnings, The Andersons has grown into a publicly traded Fortune 500® company through our enduring commitment to serving our valued customers with innovative, forward-thinking solutions.
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Harold and Margaret Anderson found The Andersons Truck Terminal (ATT) in Maumee, Ohio.
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ATT was established as an operating partnership with Harold and Margaret and their six children.
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A grain terminal with nine truck bays was built for rapid turnaround and better service to farmers.
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Rail transfer to ship loading was established on the Maumee River.
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Additional grain storage was added, known nationally as “The Big Pour.”
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The Andersons Warehouse Market was opened as the first retail store.
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Fertilizer blending began, initially utilizing a cement mixer.
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Ear corn and cob milling facilities were added.
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St. Lawrence Seaway was opened.
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The Andersons opened the first deep-water grain loading facility on the U.S. side of the Great Lakes.
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Champaign, Illinois, was opened as the first elevator in the U.S. capable of loading 100-car unit trains destined for the East Coast, the Gulf, and the fast-growing export market.
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The largest steel tank grain storage installation in North America was conducted by The Andersons in Maumee, Ohio.
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Lawn Products business was begun.
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John Anderson became managing partner.
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Grain receipts almost tripled, and the river elevator was expanded.
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Unit train fertilizer shipments arrived from the western U.S. and Canada.
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Unit train grain shipments headed to Gulf ports.
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A grain elevator and cob mill were built in Delphi, Indiana.
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Liquid fertilizer facilities were established on the Maumee River.
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Toledo and Columbus retail stores were opened.
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Dick Anderson became managing partner.
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The Andersons Management Corporation was formed.
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Two directors who were not members of the Anderson family were added to the board of directors.
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Grain elevators and fertilizer facilities were opened in Indiana and Michigan.
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The Andersons was incorporated and was first listed on the NASDAQ on February 20, 1996.
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Railcar repair shop was built in Maumee, and the company entered the rail leasing business.
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Mike Anderson became CEO.
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Grain and liquid storage facilities were acquired in Clymers, Walton, Logansport, Seymour, North Manchester, and Waterloo, Indiana.
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Sales reached $1 billion.
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The majority of the board was of independent directors.
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The Andersons entered the ethanol business, overseeing the construction and operation of three ethanol plants.
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The railcar fleet was significantly expanded, and additional railcar repair shops were added.
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Professional turf products were expanded.
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Additional shares were issued in the form of a 2-for-1 stock split and follow-on offering.
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The Andersons invested in Lansing Trade Group, LLC, an independently owned ag-merchandising company that trades wheat, corn, feed ingredients, and other grains/oilseeds.
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The Andersons Denison Ethanol, LLC acquired an ethanol plant in Denison, Iowa.
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A state-of-the-art, 27,000 square foot railcar paint facility was opened in Maumee, Ohio.
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Additional shares were issued in the form of a 3-for-2 stock split.
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Six grain and four agronomy facilities located throughout north central Michigan were purchased from Auburn Bean and Grain.
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The Andersons acquired Nutra-Flo Company.
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Pat Bowe became president and CEO.
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The Andersons exited the retail business, closing four retail stores.
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New corporate headquarters was constructed in Maumee, Ohio.
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The Andersons and ICM, Inc. collaborated on ELEMENT, LLC, a state-of-the-art biorefinery in Colwich, Kansas.
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Lansing Trade Group, LLC was acquired, as well as the formerly jointly owned Thompsons Limited.
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Began publishing a corporate Sustainability Review.
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Opened an international trading desk in Lausanne, Switzerland.
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Purchased Capstone Commodities, LLC, a company that merchandises ingredients primarily into dairies in the southwest U.S.
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Exited the rail business.
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Celebrating our 75th anniversary with 75 acts of service company-wide.
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Feed Factors, Ltd., a U.K.-based subsidiary of The Andersons, wins Queen's Award for Enterprise in Sustainable Development 2022.
Photography courtesy of Nasdaq, Inc.
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