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(ThompsonsLimited.com)
Crops

Sylvite set to buy Thompsons agronomy business

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Ontario grain and bean handler Thompsons Ltd. is set to sell its crop agronomy business to a retail business partner in that province. U.S. grain firm The Andersons, the owner of Thompsons since January, announced Tuesday in its second-quarter report it plans to sell Thompsons’ “agronomy assets” to Burlington, Ont.-based Sylvite Holdings. Financial terms of
The Thompsons facility at Hensall, Ont., about 50 km north of London. (ThompsonsLimited.com)
Crops, Markets

Grain firms Andersons, Lansing to merge

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The two U.S. grain firms that jointly own Ontario grain handler and processor Thompsons Ltd. are taking their relationship to the next level. Ohio-based grain handling and processing firm The Andersons, Inc. announced Monday it has signed a deal with Lansing Trade Group (LTG) for the remaining 67.5 per cent of LTG it doesn’t already
Crops

U.S. grain handler Andersons to exit retail business

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Reuters — Loss-making U.S. grain handler Andersons Inc. said Sunday it plans to exit the retail business, affecting over 1,000 employees, at a time when the U.S. farm sector is facing a downturn due to a sharp decline in grain prices. The company, which buys grain, produces ethanol and leases rail cars, said it will
Richardson CEO Curt Vossen said the company is in the market for acquisitions in the U.S. grain sector. (Dave Bedard photo)
Crops, Markets

Richardson targets U.S. acquisitions

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Winnipeg | Reuters — Richardson International, one of Canada’s largest grain handlers, is seeking expansion in the U.S. through acquisitions worth $100 million to as much as $2 billion, its CEO said Thursday. Richardson, which now owns two U.S. mills, is interested in Andersons Inc. and private companies Bartlett and Scoular, as well as co-operatives,
The Andersons Grain Group’s Toledo-area elevator at Maumee, Ohio. (AndersonsGrain.com)
Crops, Markets

Andersons shares up after report hints Glencore interest

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Reuters — Shares of U.S.-based agribusiness Andersons Inc. jumped more than six per cent on Friday, outpacing the sector, after a Bloomberg News report speculated that Glencore could be interested in acquiring the company. The story mentioned Glencore’s interest in expanding its agricultural assets and named Ohio-based Andersons as well as privately held companies Scoular
Producer car shippers bypass plugged elevators
Cereals, News

Producer car shippers bypass plugged elevators

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A12-car train jerks to a steady rhythm every few seconds as part-time engineer Travis Long ever so slowly “stretches” the newly connected cars, while a roaring hum fills the locomotive’s cab. It’s the satisfying sound of grain moving to market via producer cars on the Boundary Trail Railway Company’s (BTRC) short line — 23 miles

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