Art's-Way Manufacturing Receives Orders for Grinder-Mixers and Forage Blowers
From New Distributors in Belarus, France and Finland.
Global Marketing Efforts Pay Off In New Orders - Export Backlog Of $2.2
Million
ARMSTRONG, Iowa, April 4, 2008 /PRNewswire-FirstCall/ -- 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 5165 Grinder-Mixers to new distributors in Belarus
and France and Forage Blowers to a new distributor in Finland. 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 three new orders. This is a new business strategy for us. We
have created strategic European partnerships and teaming relationships,
penetrated important new markets and expanded our traditional business to
accumulate an export backlog approaching $2.2 Million. I feel certain this is
just the beginning of our sales and marketing efforts with additional
distributors being added in Europe and the Far East.
"Agriculture around the world is rapidly changing with the introduction of
new technologies, growth in field and farm size and adoption of specialized
equipment. Since our inception, we have been on the leading edge of design and
manufacturing. In this day of global marketing, our family of products and the
way we service our customers offer huge growth opportunities for the future
and certainly increased shareholder value."
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 http://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.
SOURCE Art's-Way Manufacturing, Inc.
Jim Drewitz, Investor Relations, +1-830-669-2466, for Art's-Way Manufacturing,
Inc.
