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Press release from PR Newswire

The Andersons Finalizes the Purchase of Assets of Mt. Pulaski Products LLC

Tuesday, October 30, 2012

The Andersons Finalizes the Purchase of Assets of Mt. Pulaski Products LLC16:00 EDT Tuesday, October 30, 2012MAUMEE, Ohio, Oct. 30, 2012 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces today it has completed the purchase of substantially all of the assets of Mt. Pulaski Products LLC. (Logo: http://photos.prnewswire.com/prnh/20081104/CLTU081LOGO )"The completion of this purchase positions The Andersons as the industry's only cob processor and product manufacturer with multiple mills," says Tom Waggoner, President, Turf & Specialty Group. "The addition of these mills, and the cob supply associated with them, will allow us to more effectively serve our customers and grow with them."The two facilities located in Illinois will operate within The Andersons Turf & Specialty Group, Cob Division. About The Andersons, Inc. The Andersons, Inc. is a diversified company rooted in agriculture. Founded in Maumee, Ohio, in 1947, the company conducts business across North America in the grain, ethanol, and plant nutrient sectors, railcar leasing, turf and cob products, and consumer retailing. For more information, visit The Andersons online at www.andersonsinc.com.SOURCE The Andersons, Inc.For further information: Nicholas C. Conrad, VP, Finance & Treasurer, +1-419-891-6415, nick_conrad@andersonsinc.com