World Grain -- December 2015 - (Page 15)
The Andersons reports loss on Grain Group decline
MAUMEE, OHIO, U.S. - The Andersons,
Inc. reported on Nov. 4 a loss of $1.2 million
or 4¢ per share for the third quarter, down from
earnings of $16.8 million or 59¢ per share in
the same quarter last year.
Revenues totaled $935.8 million, down 2%
from $952.9 million in the third quarter a year
The Grain Group earned $131,000, down
98.9% from $12,449,000 in the same period a
The company attributed the steep drop in
earnings as well as lower core grain business
"The Rail Group had a great quarter as they
management, which has led to higher lease
and utilization rates," said Chairman Mike
"The Ethanol Group also had good results,
despite margins being down, as they continued
to increase throughput due to various process
improvements they have made. Overall,
however, this was a disappointing quarter
primarily due to the results of our grain and
plant nutrient groups."
IGP Institute names interim
M A N H AT T A N ,
KANSAS, U.S. -
The Kansas State
University International Grains Program (IGP) Institute
announced on Nov.
3 that Brandi Miller
has been appointed
the interim associate director of the institute. Miller was formerly the institute's assistant director and
distance education program coordinator.
"Under Brandi's leadership the distance
HGXFDWLRQ SURJUDP KDV JURZQ VLJQL¿cantly," said Gordon Smith, IGP Institute
director and grain science and industry
department head. "We are excited to have
Brandi's innovative ideas and outstanding
leadership guiding the programming and
team at the IGP Institute."
Miller joined the institute in January
2010. Since she began, the distance education offering has grown from nine courses
in 2010 to 34 in 2015. She was promoted
to assistant director in September 2014 to
assume some of the administrative duties
of a growing IGP Institute program.
She has a bachelor's degree in bakery
science and management and master's degree in adult, occupational and continuing
education. Both degrees were obtained at
Kansas State University.
"I am excited to be stepping in as interim associate director," said Miller. "IGP
has a strong history with internal and external stakeholders and I look forward to
continue to build those relationships to
strengthen our programming."
$ORQJ ZLWK IXO¿OOLQJ KHU DGPLQLVWUDWLYH
duties, Miller plans to continue her leadership of the distance education program. She
assumes this new administrative position
from Mark Fowler, associate director and
ÀRXU PLOOLQJ FXUULFXOXP PDQDJHU ZKR DQnounced his departure effective in December.
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