Art's Way Manufacturing Announces Their Wholly Owned Subsidiary, Art's Way Scientific Has Been Awarded A New Contract with Japan's Zen-Noh Livestock
The Contract Is Valued at approximately $65,000
ARMSTRONG, Iowa, July 8, 2013 /PRNewswire/ -- Art's Way Manufacturing Co., Inc. (NASDAQ: ARTW), announces its wholly-owned subsidiary, Art's Way Scientific, Inc., - www.buildingsforscience.com - has completed a contract for a modular swine nursery building for Japan's Zen-Noh - the National Federation of Agricultural Co-operative Associations. Zen-Noh was founded in 1972 and is based in Tokyo, Japan. It engages in the collection, growing, distribution and marketing of agricultural and livestock products.
Dan Palmer, President of Art's Way Scientific said, "This is our first opportunity to design, construct and install a modular AG building for large Pacific Rim company like Zen-Noh - www.artsway-scientific.com/ag-buildings/hog-care. Our modular swine nursery building is the ideal nurturing environment to get young pigs off to a strong, healthy start and faster growth. This building was a custom designed nursery building that features our controlled animal environment systems, completely cleanable reinforced coating systems and fresh air ventilation all packed into a modular building the size of a typical ocean freight container. The building is located at the Zen-Noh's Central Research Institute for Feed and Livestock at Tsukuba, Ibaraki Prefecture, northeast of Tokyo. The building supports their SPF swine research facility. This 'turnkey solution' was designed, built and installed to meet Zen-Noh's requirements and done in considerably less time than a brick and mortar building."
J. Ward McConnell, Jr., Chairman of the Board, said, "We are very pleased to design, construct and install a custom AG building for such a prestigious international company like Zen-Noh. It speaks well to the reputation, quality design and construction of our AG buildings. The business environment in many foreign countries is challenging, but in Japan the expanding middle class is driving growth in the consumer markets especially for quality food products. We have tremendous respect for Zen-Noh and have future in-person meetings and a plant tour planned. This building is small contract, but a very important first small step in the development of a long-term, positive working relationship."
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 husbandry science, public health, and food safety, hog and calf care and security requirements. Art's Way Scientific custom designs, manufactures, delivers, and installs laboratories and research facilities to meet customers' critical requirements. For more information, visit our website at http://www.buildingsforscience.com/
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, round hay balers, plows, hay and forage equipment, manure spreaders, reels for combines and swathers, snow blowers and dump trailers, top and bottom drive augers, as well as pressurized tanks and vessels, and modular animal confinement buildings and laboratories. After-market service parts are also an important part of the Company's business. The Company has three reporting segments: agricultural products; pressurized tanks and vessels; and modular buildings.
For More Information, Contact: Jim Drewitz, Investor Relations
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, including but not limited to the anticipated revenues and timeframes discussed in this release and expected consolidated results of operations, are based on current expectations and are subject to a number of risks and uncertainties, including but not limited to, unforeseen delays in production and installation, unforeseen contract disputes, customer demand for the Company's products, domestic and international economic conditions 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 Co., Inc.
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