Bay City, Michigan 48706
Front Page Photo of the Day Log-IN About us October 14, 2014
(Prior Story)   Business ArTicle 9420   (Next Story)
Sponsored by Bay Area Chamber of Commerce

The Andersons' Maumee nutrient plant is one of several throughout the US. The Andersons is a leading formulator and distributor of plant nutrient products. Photo: The Andersons, Inc.

BIG AUBURN DEAL: Maumee, Ohio, Firm, Andersons, Buys Auburn Bean & Grain

Nation's Largest Industrial Partnership Moves Into Bay County

October 14, 2014       Leave a Comment
By: Dave Rogers

Printer Friendly Story View

Big Ag has come to Bay County!

In spades!

The Andersons, Inc. (Nasdaq: ANDE) of Maumee, Ohio, recently announced its purchase of Auburn Bean and Grain of Auburn, Michigan.

The purchase includes six grain and four agronomy assets of the company located throughout north central Michigan.

The Fortune 500 company posted a profit of $89.9 million in 2013 on revenues of $5.6 billion.

The agribusiness deals primarily in grain sales and purchases but also leases and repairs rail cars, produces ethanol, and operates retail stores.

With the Auburn addition, the Andersons will have close to 500 employees.

"This acquisition provides an increase in our storage capacity and volume for both our grain and nutrient businesses, and it also represents a nice geographic fit between our other Michigan assets and our Thompsons joint venture in Ontario," says CEO Mike Anderson.

"As a family-owned business with a history of nearly 100 years Auburn Bean and Grain is an excellent cultural fit, especially with our similar philosophies in providing exceptional customer service."

Clifford Vennix, Chairman and CEO of Auburn Bean and Grain, adds, "We believe The Andersons is best suited to continue our legacy of service and excellence into the future. We know they will bring added opportunity to our customers and employees."

With this transaction, The Andersons will acquire a total of six grain and four agronomy assets, with a combined grain storage capacity of about 18.1 million bushels, 16,000 tons of dry and 3.7 million gallons of liquid nutrient capacity and more than 80 employees. The facilities have multiple rail interchange agreements in place with all of the eastern Class I railroads CSX, NS and CN.

"Through this acquisition we will increase the storage capacity of our Grain Group by about 13 percent and further enhance our presence in one of our core states, Michigan," says Anderson.

The Andersons, Inc. is a diversified company rooted in agriculture. Founded in Maumee, Ohio, in 1947, by Harold Anderson (1894-1968), the company conducts business across North America in the grain, ethanol, and plant nutrient sectors, railcar leasing, turf and cob products, and consumer retailing.

A native of Webster Grove, Missouri, Harold Anderson grew up in Toledo, was a veteran of World War I in which he served as a flying instructor and was a 1916 graduate of the University of Wisconsin College of Agriculture.

The Andersons, Inc., has since expanded into what is reputed to be the "largest industrial partnership in the United States," with a network of thirteen similar facilities across the country's eastern Corn Belt.

Their facilities are at Champaign, Illinois; Delphi, Dunkirk/Redkey and Frankfort, Indiana; Albion, Potterville, Webberville and White Pigeon, Michigan; as well as Findlay, Maumee, Metamora and Toledo, Ohio).

The firm's diverse "Agribusiness" includes grain exporting, grain marketing, fertilizer blending and distribution, agricultural products distribution, retail mass merchandising, lawn fertilizer production and marketing and cob milling.

The Andersons has claimed to be the largest processor of finished corncob products in the world.

Archives of The Andersons are held in the University of Toledo.

For more information, visit The Andersons online at


Printer Friendly Story View
Prior Article

June 13, 2019
by: Lynn Naylor
100 Years Of Michigan State Parks
Next Article

June 11, 2019
by: Stephen Kent
Polio Almost Concured But Still Found In Three Countries
Agree? or Disagree?

Dave Rogers

Dave Rogers is a former editorial writer for the Bay City Times and a widely read,
respected journalist/writer in and around Bay City.
(Contact Dave Via Email at

More from Dave Rogers

Send This Story to a Friend!       Letter to the editor       Link to this Story
Printer-Friendly Story View

--- Advertisments ---

0200 Nd: 06-13-2019 d 4 cpr 0


(Ads not affiliated with Google)

Ads By

Ads By
Historical Press - By Dave Rogers
Purchase Your Copy Today!

Ads By
Bay Area Chamber of Commerce
Click Here to Visit Our Site!
Improving The Economic Climate, Business Environment & Quality of Living Throughout The Bay Area

Designed at OJ Advertising, Inc. (V3) (v3) Software by Mid-Michigan Computer Consultants
Bay City, Michigan USA
All Photographs and Content Copyright © 1998 - 2019 by OJA/MMCC. They may be used by permission only.
P3V3-0200 (1) 0   ID:Default   UserID:Default   Type:reader   R:x   PubID:mbC   NewspaperID:noPaperID
  pid:1560   pd:11-18-2012   nd:2019-06-13   ax:2019-06-17   Site:5   ArticleID:9420   MaxA: 999999   MaxAA: 999999
CCBot/2.0 (