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The Andersons Announce Expansion of Lordstown, Ohio Dry Fertilizer Distribution Terminal

Posted on March 16, 2023

MAUMEE, OHIO, March 16, 2023 —The Andersons, Inc. (Nasdaq: ANDE), a leading provider of plant nutrients, is pleased to announce the expansion of the Lordstown, Ohio, wholesale fertilizer distribution terminal. The expansion project will include a new 10,000-ton storage building, increasing dry bulk storage by nearly 65%. The project also features enhancements to the receiving system and loadout automation process.

“The Lordstown facility is celebrating its 25th anniversary this year. This investment further supports The Andersons commitment to growing with our customers in the northeast Ohio market. We look forward to the positive impact this project will have, supplying key nutrients for agricultural production when and where it matters most, positioning the Lordstown facility to serve the market for the next 25 years,” said Andy Spahr, vice president wholesale for The Andersons.

According to Operations Manager Josh Kurth, the dry bulk storage capacity will increase from 15,500 to 25,500 tons. The new receiving system will improve unloading capacity from 300 to 500 tons per hour, allowing The Andersons to resupply the warehouse much quicker during periods of high demand. Automation to the loadout process has been completed, streamlining traffic flows, and reducing loading times by 25%.

The expansion project is expected to be completed by fall of 2023. Once complete, The Andersons will be better equipped to meet the needs of customers throughout the region.

About The Andersons, Inc.

The Andersons, Inc., named to Forbes list of America's Best Small Companies for 2023 and one of the Greatest Workplaces for Diversity 2023 by Newsweek, is a diversified company rooted in agriculture that conducts business in the commodity merchandising, renewables, and plant nutrient sectors.

The Andersons serves the agriculture industry through wholesale facilities that formulate, store, and distribute dry and liquid agricultural nutrients. The company also manufactures and distributes a specialty product portfolio of PureGrade® liquid fertilizers, MicroSolutions® micronutrients, select nutrients, enhanced efficiency products, soil amendments, and organic nutrients. For more information on the company’s complete line of agricultural fertilizer products, visit www.andersonsplantnutrient.com/agriculture.

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