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ART’S WAY MANUFACTURING ANNOUNCES NEW FACILITY DEVELOPMENT FOR ADM ALLIANCE NUTRITION

Latest News Releases

FOR IMMEDIATE RELEASE
December 4, 2008
For More Information, Contact:
Jim Drewitz, Investor Relations
830-669-2466

 

ART’S WAY MANUFACTURING ANNOUNCES NEW FACILITY
DEVELOPMENT FOR ADM ALLIANCE NUTRITION

Company Designed And Manufactured Multi-Unit Research Facility
For The Study of Feed Products and Feed Ingredients

 

ARMSTRONG, Iowa, December 4, 2008 – Art’s Way Manufacturing, Inc. (NASDAQ: ARTW), announces its wholly owned subsidiary, Art’s Way Scientific, Inc. – Buildings For Science – has nearly completed a major facility development project for ADM Alliance Nutrition, Quincy, Ill.

 

Art’s Way Scientific has designed, manufactured and installed 9 new modular buildings to create an animal nutrition research facility for the study of feed ingredients. One of the areas of research activities to be conducted in the facilities will be to determine the feed value of grain production co-products.

 

There are 8 animal buildings that are attached to a central feed storage corridor. A laboratory building is attached to the end of the research unit and serves as the entry area for researchers entering the facility.

 

The main feed storage building is 1,394 sq. ft. Left of the center corridor there are 4 each 976 sq. ft. animal rooms that support lamb and swine nutrition studies. Right of the central building are 4 each 1,260 sq. ft. animal units that support cattle and poultry nutrition study purposes. The central laboratory facility is 945 sq. ft. The Company was also responsible for the relocation of an existing swine nutrition research building that has been included with the new research facility.

 

The buildings were completed in June 2008, and the facility became operational in August 2008.

 

J. Ward McConnell, Jr., Executive Chairman of the Board, said, “I am gratified Art’s Way Scientific’s design, manufacturing, pricing and customer service was evaluated by ADM Alliance Nutrition, an industry leader in animal nutrition and feed technology, and chosen to construct this innovative feed research and technology center.

 

“Art’s Way Scientific was responsible for a large portion of our total revenue increase in the first three quarter of 2008. Their revenue increased 66% from $4.7 million in the first three quarters of 2007 to $7.8 million in 2008. With this order and other opportunities we are bidding on, we are confident Art’s Way Scientific will continue to contribute to the Company’s overall revenue and income growth in 2008. We continue to focus on exceeding our customers’ expectations and increasing shareholder value.”

 

About Art’s Way Scientific, Inc. – Buildings for Science:

Art’s Way Scientific, Inc. is a wholly owned subsidiary of Art’s Way Manufacturing, Inc. It is the recognized leading supplier of modular laboratories for biocontainment, animal science, public health and security requirements. Art’s Way Scientific custom designs, manufactures, delivers, and installs laboratories and research facilities to meet customers’ critical requirements.

 

About Art’s Way Manufacturing, Inc.

Art’s Way manufactures and distributes farm machinery niche products including animal feed processing equipment, sugar beet defoliators and harvesters, land maintenance equipment, crop shredding equipment, plows, hay and forage equipment and top and bottom drive augers. After market service parts are also an important part of the Company’s business. We have two wholly owned subsidiaries. Art’s Way Vessels, Inc. manufactures pressurized tanks and vessels and Art’s Way Scientific, Inc. manufactures modular animal confinement buildings and modular laboratories.

 

For More Information, Contact: Jim Drewitz, Investor Relations 830-669-2466

jim@jdcreativeoptions.com

Or visit the Company’s website at www.artsway-mfg.com

 

This news release includes “forward-looking statements” within the meaning of the federal securities laws. Statements of anticipated future results are based on current expectations and are subject to a number of risks and uncertainties, including but not limited to, quarterly fluctuations in results, customer demand for the Company’s products, domestic and international economic conditions, the management of growth and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings. Actual results may differ markedly from management’s expectations. The Company cautions readers not to place undue reliance upon any such forward-looking statements.

Art’s Way Manufacturing Receives New Orders for $2.2 Million From New Distributors in Western Europe and the Far East.

Latest News Releases

FOR IMMEDIATE RELEASE
June 4, 2008
For More Information, Contact:
Jim Drewitz, Investor Relations
830-669-2466

 

ART’S-WAY MANUFACTURING RECEIVES NEW ORDERS FOR $2.2 MILLION FROM NEW DISTRIBUTORS IN WESTERN EUROPE AND THE FAR EAST.

 

Adds New Global Clients While Supporting Existing Customers

Increases Level Of Existing Backlog

Revenue To Be Recognized In 2008

 

ARMSTRONG, Iowa, June 4, 2008 – Art’s-Way Manufacturing, Inc. (NASDAQ: ARTW), a leading manufacturer and distributor of agricultural machinery, equipment and services, announces it has sold containers of the Company’s xxxxxxxxx and xxxxxx to new distributors in Western Europe and The Far East. These new international distributors were acquired at the Agritechnica 2007 show in Hanover, Germany, the world’s largest agricultural equipment exhibition.

 

J. Ward McConnell, Jr., Chairman of the Board, said, “I am very pleased to announce these new orders and our continued expansion into the Western Europe and our entrance Far East marketplace. The demand for quality farming equipment globally remains robust and this is an outstanding opportunity to introduce our unique brand of reliable and durable equipment to a new consumer base. These new contracts add to an already high level of confirmed backlog now measuring more than $XX Million.

 

“While we work hard to attract new clients, especially global clients, Art’s Way Manufacturing business is in fact built upon a strong base of existing and returning customers and we look forward to continuing to do so in the future.”

 

About Art’s Way Manufacturing, Inc.

 

Art’s-Way manufactures and distributes farm machinery niche products including animal feed processing equipment, sugar beet defoliators and harvesters, land maintenance equipment, crop shredding equipment, plows, hay and forage equipment. After market service parts are also an important part of the Company’s business. We have two wholly owned subsidiaries. Art’s-Way Vessels Inc. manufactures pressurized tanks and vessels and Art’s-Way Scientific Inc. manufactures modular animal confinement buildings and modular laboratories.

 

For More Information, Contact: Jim Drewitz, Investor Relations 830-669-2466

jim@jdcreativeoptions.com

Or visit the Company’s website at www.artsway-mfg.com

 

This news release includes “forward-looking statements” within the meaning of the federal securities laws. Statements of anticipated future results are based on current expectations and are subject to a number of risks and uncertainties, including but not limited to, quarterly fluctuations in results, customer demand for the Company’s products, domestic and international economic conditions, the management of growth and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings. Actual results may differ markedly from management’s expectations. The Company cautions readers not to place undue reliance upon any such forward-looking statements.

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