The Andersons to buy land, equipment

10/10/2003

The Andersons Inc. of Maumee said yesterday it plans to buy the real estate and equipment of Farmers Elevator Co. of Oakville, Ind.

The deal, terms of which were not disclosed, is subject to financial due diligence and approval of the board of both companies. It is expected to be closed in December. The Andersons began operating the Farmers Elevator facility last week.