MAUMEE, Ohio — The Andersons announced Dec. 31 it has completed the purchase of two grain storage facilities in Kearney and Riverdale, Neb., and assumed a third leased facility in Paxton, Neb., from B4Grain, Inc.
The three facilities will provide The Andersons with 3 million bushels of additional storage capacity in Nebraska, bringing the company’s total capacity to about 107 million bushels.
“This purchase is another step westward for The Andersons,” says Hal Reed, president of The Andersons Grain & Ethanol Group. “We see great opportunity to be positioned along the I-80 corridor in the high production area of Nebraska.”
B4 Grain was formed in 2001. The B4 Grain managers, who have more than 60 years of combined experience buying grain off the farm, will become part of The Andersons.