MAUMEE, Ohio, Aug. 5 /EMWNews/ -- The Andersons, Inc.

(Nasdaq: ANDE) announced today it has completed the purchase of three

pelleted lime production facilities in Ohio, Illinois, and Nebraska to

expand the pelleted lime capabilities of its Plant Nutrient Group.



    The acquisition includes three manufacturing facilities; Mineral

Processing, Inc., in Carey, Ohio, ASC Mineral Processing Inc., in

Fairmount, Ill., and a facility located in Weeping Water, Neb., all of

which were previously owned by the Allen family of Allerton, Illinois.



    "This acquisition will expand our manufacturing capabilities at least

three fold and enable us to provide greater volume and supply security to

our customers," explains CEO Mike Anderson. "The acquisition will make us

the largest producer of pelleted lime in North America."



    The facilities produce high calcium pelleted lime, high magnesium

pelleted lime and pelleted gypsum. Established two decades ago, the

operations were among the pioneers in the development of the pelleted lime

production process. In 2007, the operations distributed nearly 200,000 tons

of product.



    "We are excited about what this transaction means to the future of

these operations," says Vicki Allen, a representative for the family

owners. "It is our sincere belief that The Andersons can carry on the dream

our family has spent more than two decades pursuing."

    About The Andersons, Inc.



    The Andersons, Inc. is a diversified company with interests in the

grain, ethanol and plant nutrient sectors of U.S. agriculture, as well as

in railcar leasing and repair, turf products production, and general

merchandise retailing. Founded in Maumee, Ohio, in 1947, the company now

has operations in 11 U.S. states and Puerto Rico, plus rail equipment

leasing interests in Canada and Mexico. For more information, visit The

Andersons online at http://www.andersonsinc.com.