The Andersons sustains loss in first quarter MAUMEE, OHIO, US - The WKH UHVXOWV RI WKH ''* WUDGLQJ EXVL(YHQ WKRXJK UHFHQW HWKDQRO GHPDQG Andersons, Inc. was challenged in the QHVVZKLFKZHUHSUHYLRXVO\LQFOXGHGLQ KDVÀRXQGHUHG7KH$QGHUVRQVLVORRN¿UVWTXDUWHURIZLWKORZHUHGHWKD- 7UDGH*URXSUHVXOWV LQJIRUZDUG nol, corn and gasoline demand as the ³$IWHUDGHFHQWVWDUWWRWKHTXDUWHUWKH ³:H H[SHFW HWKDQRO GHPDQG WR LPFRURQDYLUXV &29,' SDQGHPLF RQVHW RI VWD\DWKRPH RUGHUV UHVXOWLQJ SURYH DV WKH 86 HFRQRP\ UHRSHQV´ SURGXFHG VWD\DWKRPH RUGHUV UHGXFLQJ IURP WKH &29,' SDQGHPLF FDXVHG %RZHVDLG³:HRSHUDWHKLJKO\H൶FLHQW WUDYHODQGDQHHGIRUWKRVHFRPPRGLWLHV GHPDQGDQGPDUJLQVWRGHFOLQHVLJQL¿- SODQWVDQGDUHZHOOSRVLWLRQHGWREHQH¿W 7KHFRPSDQ\VXVWDLQHGDORVVDWWULE- FDQWO\´9DOHQWLQHVDLG IURPWKDWZKHQLWKDSSHQV´ XWDEOH WR7KH$QGHUVRQV RI PLOOLRQLQWKH¿UVWTXDUWHUHQGHG0DUFK ZKLFKFRPSDUHGZLWKDORVVRIPLOOLRQLQWKH¿UVWTXDUWHURI ³0RVWSDUWVRIRXUEXVLQHVVZHUHR൵ WRDGHFHQWVWDUWWRWKHTXDUWHUEXWWKH &29,' SDQGHPLF KDG D SURIRXQG QHJDWLYH LPSDFW RQ RXU RSHUDWLQJ UHVXOWV´ VDLG 3DWULFN ( %RZH SUHVLGHQWDQGFKLHIH[HFXWLYHR൶FHURI7KH $QGHUVRQV ³6WD\DWKRPH RUGHUV UHGXFHGYHKLFOHPLOHVWUDYHOHGZKLFKLQ WXUQ GUDPDWLFDOO\ UHGXFHG GHPDQG IRU JDVROLQHHWKDQRODQGFRUQVLJQL¿FDQWO\KXUWLQJWKHSHUIRUPDQFHRIERWKWKH (WKDQRO*URXSDQG7UDGH*URXS ³7KH 3ODQW 1XWULHQW *URXS GHPRQVWUDWHG UHVLOLHQF\ GXULQJ WKH TXDUWHU DV UHVXOWV LPSURYHG \HDURYHU\HDU DQG EHQH¿WHGIURPDJRRGVWDUWWRWKHSODQWLQJVHDVRQ´ 7KH 7UDGH *URXS VXVWDLQHG D SUHWD[ ORVVRIPLOOLRQDQGDQDGMXVWHGSUHThere is a reason Mole*Master™ is the #1 choice for silo WD[ORVVRIPLOOLRQLQWKH¿UVWTXDUand bin clean-out: EXPERIENCE. For more than three WHU RI FRPSDUHG WR DQ DGMXVWHG decades in the U.S.A. and 35 countries abroad, we've SUHWD[ ORVV RI PLOOLRQ LQ WKH ¿UVW been getting facilities up and running safely and quickly. TXDUWHURI Our proprietary equipment is containerized so it can be shipped anywhere for maximum efficiency. ³6XEVWDQWLDO GHFUHDVH LQ WKH HWKDQRO GHPDQG UHVXOWHG LQ D VLJQL¿FDQW GURS } SAFETY LQ FRUQ EDVLV ZKLFK GURYH WKH 7UDGH No hazardous human entry of confined spaces *URXS¶V UHWXUQ RQ LWV VWRUDJH DVVHWV ORZHUWKDQLQWKH¿UVWTXDUWHURI´ } TOTAL MATERIAL RECOVERY VDLG %ULDQ $ 9DOHQWLQH VHQLRU YLFH Return your silos to 100% of planned storage capacity SUHVLGHQW DQG FKLHI ¿QDQFLDO R൶FHU RI The Andersons. } RESTORED PRODUCTION 7KH(WKDQRO*URXSVXVWDLQHGDSUHWD[ Eliminate obstructed silo discharge points to facilitate proper material flow ORVV RI PLOOLRQ LQ WKH ¿UVW TXDUWHU ZKLFKFRPSDUHGZLWKPLOOLRQSUHWD[ Intensively and professionally trained LQFRPH LQ WKH VDPH SHULRG WKH SUHYLto OSHA/MSHA standards RXV\HDU 7KH (WKDQRO *URXS¶V UHVXOWV LQFOXGHG WKH FRQVROLGDWHG UHVXOWV RI DOO ¿YH HWKDQROSODQWVGXHWRWKH2FWREHU PHUJHU RI 7KH $QGHUVRQV 0DUDWKRQ +ROGLQJV //& 7$0+ %HJLQQLQJ ZLWK WKH ¿UVW TXDUWHU LW DOVR LQFOXGHG WE CLEAN SILOS www.World-Grain.com / World Grain / June 2020 ZZZPROHPDVWHUFRP 17http://www.World-Grain.com http://www.molemaster.com