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Non-Tech : The Andersons (ANDE)
ANDE 46.90+1.4%12:44 PM EST

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From: Savant10/24/2012 9:06:03 PM
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The Andersons Announces Construction on New Railcar Paint and Blast Facility

MAUMEE, Ohio, Oct. 24, 2012 /PRNewswire via COMTEX/ -- The Andersons, Inc. (ANDE)
today announced it has begun construction on a 27,300 square-foot railcar paint
and blast shop adjacent to its railcar repair facility in Maumee, Ohio. The
facility should be completed in the spring 2013.

The new facility will allow the company to wash, blast and paint railcars in a
more efficient and environmentally friendly way. The project also includes 1,700
feet of new rail track to allow railcars to move throughout the facility.

"Industry demand for our railcar repair and painting services continues to
increase and we recognize that our existing facility does not meet our needs for
growth," says Rasesh Shah, President, Rail Group. "The new facility will
significantly improve our efficiency, quality and enhance our customer service."

The Andersons Rail Group operates a railcar repair business with 12 facilities
across the United States and a fleet of more than 23,000 various types of
railcars and locomotives.

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 andersonsinc.com.
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