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Lansing Trade Group, LLC (abbreviated as LTG) is an agribusiness originally established as Lansing Grain Company in 1931, largely owned today by two public entities, The Andersons and Macquarie Group . LTG is one of America’s Largest Private Companies according to Forbes.〔("Forbes Magazine" ) America's Top Private Companies 2012. Retrieved 10 January 2014〕 The company focuses on the movement of physical commodities within North America and internationally. == Recent History == In 2003, The Andersons became a minority investor in LTG〔("SEC EDGAR - ANDE" ) 2006.12.31 10-K. Retrieved 14 February 2014〕 and by 2008 The Andersons made additional investments to secure an ownership interest of 49%.〔("SEC EDGAR - ANDE" ) 2008.12.31 10-K. Retrieved 14 February 2014〕 Through its subsidiary, Macquarie Bank, Macquarie Group became an investor in LTG through an investment into Lansing Ethanol Services, LLC, an ethanol trading company created by LTG.〔("Lansing & Macquarie Investment" ) Lansing Ethanol Services, LLC. Retrieved 14 February 2014〕 In 2013, LTG along with The Andersons purchased Thompsons Limited, a grain and food-grade bean handler headquartered in Blenheim, Ontario, Canada with approximately 12 locations across Ontario and Minnesota. Each company owns 50% of the acquired company, which was purchased for $152 million in cash, business contributions, and external debt.〔("SEC EDGAR - ANDE" ) 2013.09.30 10-Q. Retrieved 10 January 2014〕 The transaction closed on July 1, 2013. Thompsons Limited will continue operations under its current name and will continue to operate independently. On January 2, 2014, Olam International announced that is has sold its 50% stake in a joint venture originally established in 2012 by LTG and Olam. LTG purchased Olam's shares in the JV for a cash consideration of $5.4 million.〔("World Grain" ) Olam Divests Stake in Lansing. Retrieved 10 January 2014〕 On January 9, 2014, LTG announced plans to construct a high speed train facility capable located near Grayridge, Missouri. The facility will be built on the Union Pacific Railroad and will be completed by fall of 2014.〔("Grain Net" ) Lansing Trade Group to Construct Shuttle Loader in MO. Retrieved 10 January 2014〕 During January, 2014, The Andersons announced that it will reduce its investment in LTG to approximately 39% during the first quarter of 2014.〔("PR News Wire" ) The Andersons to Reduce Investment in Lansing Trade Group. Retrieved 14 February 2014〕 On January 28, 2014, Moody’s Investors Service assigned a B1 rating to LTG and a B3 rating to its proposed $175 million senior unsecured notes due 2021.〔("Moody’s" ) Moody’s assigns B1 CFR to Lansing, rates new notes B3. Retrieved 14 February 2014〕 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Lansing Trade Group, LLC」の詳細全文を読む スポンサード リンク
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