Art's-Way Announces Acquisition


ARMSTRONG, Iowa, Sept. 6 /-- Art's-Way Manufacturing Co., Inc., today announced its September 5, 2007 acquisition of the hay and forage product lines of Miller Pro of Miller St. Nazianz, Inc. of St. Nazianz, Wisconsin. The Miller Pro product lines have historically had annual sales of approximately $8,000,000 including a substantial portion of spare parts. The production of the product lines is being moved to Armstrong, Iowa where production will resume for the next growing season. Distribution is expected to increase in both Art's-Way and Miller Pro product lines with synergies in our combined dealer distribution network. "We feel that this purchase offers us growth potential that will positively impact Art's-Way earnings," commented Art's-Way Chairman J. Ward McConnell Jr. "We feel that the Miller Pro acquisition will complement our current product offerings," McConnell said.

Art's-Way manufactures and distributes farm machinery niche products including animal feed processing equipment, sugar beet harvesting equipment, plows, land maintenance equipment, crop shredding equipment and seed planting equipment. Art's-Way also produces haylage machinery for original equipment manufactures (OEM's). After market service parts are also an important part of the Company's business. Art's-Way Manufacturing has two wholly owned subsidiary Art's-Way Vessels Inc. and Art's-Way Scientific Inc. Art's-Way Vessels manufactures pressurized tanks and vessels. Art's-Way Scientific manufactures modular animal confinement building and modular laboratories.

Source: Art's-Way Manufacturing Co., Inc.

CONTACT: Carrie Majeski of Art's-Way Manufacturing Co., Inc.,
+1-712-864-3131

Web site: http://www.artsway-mfg.com/

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