World Grain - July 2018 - 28
seeks stability through change
Long-term strategy involves growth while providing more stable earnings
by L. Joshua Sosland
easured by volume, the specialty grains business of The Andersons, Inc. could be viewed
as a niche operation, a modest complement to
the Maumee, Ohio, U.S.-based company's core segments of grain, fertilizer, ethanol and rail. To Patrick E.
pany's foray into specialty food grains is important to
a long-term strategy aimed at generating growth while
providing more stable earnings.
For decades the company has been a major supSOLHU RI ZKHDW FRUQ DQG VR\EHDQV WR ÀRXU PLOOLQJ
and grain processing customers in the United States.
Recent moves have positioned the company to become
a leading supplier of organic, non-bioengineered and
identity-preserved grains. In a recent interview, Bowe
described The Andersons' move into specialty grains
as well as broader changes that have occurred at the
company in recent years.
Those changes perhaps begin with Bowe himself,
who joined The Andersons in late 2015 following a 30year career at Cargill.
"The Andersons comes from family-owned roots,
The Andersons' new headquarters building in Maumee, Ohio,
opened in October 2016. Photos courtesy of The Andersons.
think we have a lot of great tradition and culture that
stem from those early family values," Bowe said.
Beyond this change at the top, The Andersons is in
the midst of something of a generational change, Bowe
said. About half its workforce of more than 1,800 has
tenures have been the norm.
"We have several 40-year employees," he said.
"People generally stay here for most of their careers,
which is something we are very proud of. We've had
a lot of change recently, but it was a bit of a timing issue. We had eight or nine of the corporate leadership
team members that have changed. It's a bit of a natural
progression that happens with companies sometimes."
Newcomers to the leadership team include Corey
Jorgenson, president of the Grain Group; Valerie
Blanchett, vice-president of human resources; Jeffrey
Blair, president of the Plant Nutrient Group; Joseph
McNeely, president of the Rail Group; and Michael
Irmen, president of the Ethanol Group. Jorgenson
and Blanchett joined The Andersons from positions at
Cargill. Blair came from Intrepid Potash, Inc., another
fertilizer business. McNeely came from FreightCar
America, Inc., a railcar manufacturer, succeeding
July 2018 / World Grain / www.World-Grain.com