The Andersons Completes Railcar Exit

The Andersons Inc., Maumee, Ohio, said last month that it completed the sale of its railcar repair business to Cathcart Rail. “The sale of our railcar repair business to Cathcart Rail finalizes our exit from the rail segment, as we announced in August of last year,” said Pat Bowe, President and CEO of The Andersons. “Our strategic decision to exit our rail segment allows us to focus on and invest in our core agricultural verticals of grain and fertilizer.”