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# Over 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.

1940-1949
1940s

- Harold and Margaret Anderson found The Andersons Truck Terminal (ATT) in Maumee, Ohio.

- ATT was established as an operating partnership with Harold and Margaret and their six children.

- A grain terminal with nine truck bays was built for rapid turnaround and better service to farmers.

- Rail transfer to ship loading was established on the Maumee River.

1950-1959
1950s

- Additional grain storage was added, known nationally as “The Big Pour.”

- The Andersons Warehouse Market was opened as the first retail store.

- Fertilizer blending began, initially utilizing a cement mixer.

- Ear corn and cob milling facilities were added.

- St. Lawrence Seaway was opened.

June 26, 1959
The St. Lawrence Seaway opens, granting The Andersons a pivotal "Key to the Sea"
1960-1969
1960s

- The Andersons opened the first deep-water grain loading facility on the U.S. side of the Great Lakes.

- 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.

- The largest steel tank grain storage installation in North America was conducted by The Andersons in Maumee, Ohio.

- Lawn Products business was begun.

- John Anderson became managing partner.

1970-1979
1970s

- Grain receipts almost tripled, and the river elevator was expanded.

- Unit train fertilizer shipments arrived from the western U.S. and Canada.

- Unit train grain shipments headed to Gulf ports.

- A grain elevator and cob mill were built in Delphi, Indiana.

1980-1989
1980s

- Liquid fertilizer facilities were established on the Maumee River.

- Toledo and Columbus retail stores were opened.

- Dick Anderson became managing partner.

- The Andersons Management Corporation was formed.

- Two directors who were not members of the Anderson family were added to the board of directors.

- Grain elevators and fertilizer facilities were opened in Indiana and Michigan.

1990-1999
1990s

- The Andersons was incorporated and was first listed on the NASDAQ on February 20, 1996.

- Railcar repair shop was built in Maumee, and the company entered the rail leasing business.

- Mike Anderson became CEO.

- Grain and liquid storage facilities were acquired in Clymers, Walton, Logansport, Seymour, North Manchester, and Waterloo, Indiana.

- Sales reached $1 billion.

- The majority of the board was of independent directors.

2000-2009
2000s

- The Andersons entered the ethanol business, overseeing the construction and operation of three ethanol plants.

- The railcar fleet was significantly expanded, and additional railcar repair shops were added.

- Professional turf products were expanded.

- Additional shares were issued in the form of a 2-for-1 stock split and follow-on offering.

- The Andersons invested in Lansing Trade Group, LLC, an independently owned ag-merchandising company that trades wheat, corn, feed ingredients, and other grains/oilseeds.

2010-2019
2010s

- The Andersons Denison Ethanol, LLC acquired an ethanol plant in Denison, Iowa.

- A state-of-the-art, 27,000 square foot railcar paint facility was opened in Maumee, Ohio.

- Additional shares were issued in the form of a 3-for-2 stock split.

- Six grain and four agronomy facilities located throughout north central Michigan were purchased from Auburn Bean and Grain.

- The Andersons acquired Nutra-Flo Company.

- Pat Bowe became president and CEO.

- The Andersons exited the retail business, closing four retail stores.

- New corporate headquarters was constructed in Maumee, Ohio.

- Lansing Trade Group, LLC was acquired, as well as the formerly jointly owned Thompsons Limited.

2020-Now
2020s

- Began publishing a Sustainability Review.

- Expanded our international operating footprint including Lausanne, Switzerland and Constanta, Romania.

- Purchased Capstone Commodities, LLC, a company that merchandises ingredients primarily into dairies in the southwest U.S.

- Exited the rail business.

- Celebrated our 75th anniversary with 75 acts of service company-wide.

- Feed Factors, Ltd., a U.K.-based subsidiary of The Andersons, wins Queen's Award for Enterprise in Sustainable Development 2022.

- Expanded pet food ingredient business with acquisitions of Bridge AgriPartners, Inc. and ACJ International.

- Bill Kreuger became president and CEO.

- Acquires Majority Ownership in Skyland Grain, LLC

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Photography courtesy of Nasdaq, Inc.

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