Deal Boosts Anderson’s Grain Storage CapacityOctober 9, 2014 8:50am
The Anderson’s Incorporated has bought Auburn Bean and Grain of Auburn, Michigan.
Anderson’s CEO Mike Anderson says the deal represents a nice geographic fit between it’s other Michigan assets and their Thompsons joint venture in Ontario.
The purchase includes six grain and four agronomy assets located throughout north-central Michigan.
Anderson says that’s going to increase the storage capacity of the company’s Grain Group by about 13 per cent and further enhance it’s presence in one of the company’s core states.
Auburn Bean and Grain brings combined grain storage capacity of about 18 point 1 million bushels, 16 thousand tons of dry and 3 point 7 million gallons of liquid nutrient capacity to The Andersons.