BUSINESS BRIEF

The Andersons buys N.C. manufacturer

Firm manufactures products used in making fertilizer and soil nutrients

12/10/2013
BLADE STAFF
andersons-logo-March-20

Todd Johnson of Contec DG shows off a handful of a specialty granular fertilizer that The Andersons Inc. produces for Contec.

The Blade/Lori King

The Andersons Inc. said Tuesday it has bought a North Carolina firm that manufactures products used in making fertilizer and soil nutrients.

The purchase price of Cycle Group Inc. of Mocksville, N.C., was not disclosed.

The Andersons said the acquisition would be incorporated into the Maumee firm’s turf and specialty group’s granulation business. The purchase includes a facility in Mocksville and its 12 employees.