Thompsons + ANDE + Sylvite

The Andersons Completes Sale of Thompsons Agronomy Business

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MAUMEE, Ohio, December 5, 2019 – The Andersons, Inc. (Nasdaq: ANDE) has completed the sale of the agronomy business of Thompsons Limited, a wholly owned subsidiary in Ontario, Canada, to Sylvite of Burlington, Ontario.

“This change will allow us and Sylvite to both focus on our core businesses in Ontario and better serve our shared customers,” said Corey Jorgenson, president of assets and originations, The Andersons Trade Group. “We will expand our commitment of providing grain marketing expertise to local growers, and we know Sylvite will provide a similar focus helping them raise the best crops possible with the latest agronomy services and technologies.”

“We are excited to expand our geographic footprint and service offerings in Ontario,” said Hugh Loomans, president and CEO, Sylvite. “We look forward to continuing to help growers in this province and to working with The Andersons to meet their unique needs.”

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Don't text and drive

Driving safety: an accident is likely to occur 23 more times with cell phone use

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Thompsons encourages all drivers not use hand-held communication devices of any kind while driving. Even if using hands-free and voice-activated dialing, it could still be a deadly distraction.

  • Texting and driving makes an accident 23 times more likely.
  • Dialing your phone increase your chances of an accident by 2.8 times.
  • 1 in 5 drivers confess to surfing the web while driving.
  • Smartphones are the most common form of distraction for drivers.
  • Making even the most basic text takes a minimum of 5 seconds of your attention off of the road when you text and drive.
  • In addition to causing 330,000 injuries each year, it’s estimated that about 11 teens die every day as a result of texting and driving. And this is just teens – this is about 4000 total deaths per year in the United States
  • Texting is more dangerous than drunk driving – texting while driving is 6 times more likely to cause an accident than driving drunk. 

Are there any exemptions to Ontario’s distracted driving law?

  • Calling 9-1-1 in an emergency situation
  • When the driver is lawfully parked or has safely pulled off the roadway and is not impeding traffic.

Note: It is dangerous to stop on the shoulder of a 400-series highway and drivers are prohibited from pulling off a designated 400-series highway and parking for a reason other than an emergency. If the situation is not an emergency, drivers are advised to exit the freeway at an interchange or pull into the nearest service centre. 

Fines (Starting January 1, 2019)

For your first conviction:

  • a fine of up to $1,000
  • three demerit points
  • a three-day day driver’s licence suspension

For your second conviction within 5 years:

  • a fine of up to $2,000
  • six demerit points
  • a seven-day driver’s licence suspension

For your third and all subsequent convictions within 5 years:

  • a fine of up to $3,000
  • six demerit points
  • a 30-day driver’s licence suspension

No text, email or phone call is worth your life, the life of a loved one or the life of another motorist or pedestrian!

Work safe. Farm safe. Home safe.™

™ is a registered trademark of Thompsons Limited.

Brian Basting, Research Analyst, ATI

Grain marketing video comments for August 21, 2019

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Video Commentary from Advance Trading, Market Research Analyst, Brian Basting providing market insight on Corn and Soybeans for August 21, 2019.

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Thompsons + ANDE + Sylvite

Sylvite purchases Thompsons’ agronomy business from The Andersons Inc.

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A message to our valued customers,

We are reaching out to inform you that The Andersons, Inc., the owner of Thompsons Limited, has signed an agreement to sell Thompsons’ agronomy business to Sylvite. Thompsons and Sylvite have been working together now for over 35 years and this collaboration is a great opportunity to have a larger retail network to benefit you, our customer. The Andersons will maintain ownership of Thompsons’ grain storage and food processing facilities and Sylvite will maintain and operate the farm inputs side at these locations.

We believe this new relationship is beneficial to all our stakeholders, especially our customers. Our two companies share the same values and a strong commitment to serving Ontario farmers. We look forward to working together at our shared locations to provide the best possible service to our customers. Sylvite will focus on growing in agronomy products and services. Thompsons/The Andersons will enhance its focus and commitment on the grain and food products businesses.

The final details of this agreement are still being finalized by Sylvite and The Andersons. The sale is expected to close in early to mid-September. Between now and then, we will keep you updated with our progress to better serve you our customer. Our goal is to make this a seamless transition and maintain our normal business operations.

Thank you for the great working relationship we have shared over the years. We plan on continuing our successful partnership with you our valued customer. Should you have any questions, please don’t hesitate to contact your account representative.

Sincerely,

Corey Jorgenson,
President, Assets and Originations, Trade Group
The Andersons, Inc.

tripping hazard

Safety: Be aware of your surroundings

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If something serious were to happen to you, your family could be left without their loved one. With today’s technologically complex equipment and numerous distractions, several things can pull your focus away from the tasks at hand. When this happens, injuries such as slips and falls, being injured or killed from moving trucks, equipment or an overhead hazard. Read more

Power washer safety

Safety: pressure washer safety

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Consider all of the risks of pressure washing and what steps you need to take to protect yourself and the others around you. While the main hazard considered is the pressure of the water, there are many more secondary hazards that could lead to the actual injury. There are many different types of injuries that can occur while using a pressure washer. While the pressure of the water can be considered the biggest exposure to risk during this work task, there are certainly many more hazards to be considered.

Hazards and injuries associated with pressure washing

  • Hose/ connection failure
  • Flying debris
  • Strains/ sprains
  • Burns
  • Slips, trips, falls
  • Lacerations/ bruises

Safeguards to prevent pressure washing injuries

  • Set up your work area where other people are not in the line of fire of the water stream or flying debris.
  • Use a longer wand that makes it hard for the individual who is using the pressure washer to make contact with their own body.
  • When using a pressure washer that is also supplied with heat, do not turn it all the way up. This creates the opportunity for a burn.
  • Maintain good housekeeping. Keep the area free of trip hazards. Remove excess mud to prevent slip injuries.
  • Wear the proper PPE – goggles and face shield, gloves, long sleeve shirt, hearing protection
  • Never use a pressure washer to spray off yourself or your boots.

Work safe. Farm safe. Home safe.™
™ is a registered trademark of Thompsons Limited.