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ART’S WAY MFG WELCOMES TERRITORY DEVELOPMENT MANAGER AND DIRECTOR OF MANUFACTURING

FOR IMMEDIATE RELEASE

August 1, 2019

                                               

ART’S WAY MANUFACTURING WELCOMES TERRITORY DEVELOPMENT MANAGER AND DIRECTOR OF MANUFACTURING

ARMSTRONG, IOWA, August 1, 2019 – Art’s Way Manufacturing Co., Inc. (NASDAQ: ARTW), a diversified, manufacturer and distributor of equipment serving agricultural, research and steel cutting needs, welcomes Paul Link as its Territory Development Manager and Brian Wrightsman as its Director of Manufacturing.

Paul is a graduate of North Dakota State College of Science with Bachelor of Science degrees in Graphic Communications and Marketing.  Paul has over 24 years of experience in sales with most of this time in a management role.  Most recently, Paul was the US National Sales Manager at Buhler Industries located in Winnipeg, MB.  Paul will report to the CEO Carrie Gunnerson and will be responsible for the development of independent reps, improvement of Art’s Way’s dealer relationships, and for driving sales goals within Art’s-Way.

Paul will serve as a strong complement to Art’s Way’s Director of Manufacturing, Brian Wrightsman, who joined Art’s Way in October of 2018.  Brian studied Mechanical Engineering at South Dakota State University and came to Art’s Way with 25 years of manufacturing and engineering experience.  Brian’s efforts have been focused on improving plant efficiency through his knowledge of lean manufacturing.  Continuous Improvement projects with a goal of $1 million of savings for the fiscal year 2019 are underway under Brian’s direction.  Art’s Way continues to invest in talent and operational efficiency to be prepared for improved economic conditions.

Chairman of the Art’s Way Board of Directors, Marc H. McConnell reports, “We are pleased to welcome both Paul and Brian to our management team. Each brings significant experience and expertise that will enhance our ability to serve our customers and shareholders alike in the years ahead.”

Art’s Way manufactures and distributes farm machinery niche products including animal feed processing equipment, sugar beet defoliators and harvesters, land maintenance equipment, plows, hay and forage equipment, manure spreaders, reels for combines and swathers, and top and bottom drive augers, as well as modular animal confinement buildings and laboratories, and specialty tools and inserts. After-market service parts are also an important part of Art’s Way’s business. Art’s Way has three reporting segments: agricultural products; modular buildings; and tools.

For more information contact: Carrie Gunnerson, President, Chief Executive Officer and Interim Chief Financial Officer

712-864-3131

investorrelations@artsway-mfg.com

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

Cautionary Statements

This news release includes “forward-looking statements” within the meaning of the federal securities laws. Statements made in this release that are not strictly statements of historical facts, including our expectations regarding: (i) our business position; (ii) future results; (iii) future operational changes; (iv) future costs of materials; (v) the timing of increased performance; and (vi) the benefits of our business model and strategy, are forward-looking statements.  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: customer demand for our products; credit-worthiness of our customers; our ability to operate at lower expense levels; our ability to complete projects in a timely and efficient manner in accordance with customer specifications; our ability to renew or obtain financing on reasonable terms; our ability to repay current debt, continue to meet debt obligations and comply with financial covenants; domestic and international economic conditions, including the impact of tariffs; factors affecting the strength of the agricultural sector; the cost of raw materials; unexpected changes to performance by our operating segments; obstacles related to liquidation of product lines and segments; and other factors detailed from time to time in our Securities and Exchange Commission filings. Actual results may differ markedly from management’s expectations. We caution readers not to place undue reliance upon any such forward-looking statements.  We do not intend to update forward-looking statements other than as required by law.

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Corporate - Art's Way Mfg