Art's Way Manufacturing Announces Their Wholly Owned Subsidiary, Art's Way Scientific, Has Been Awarded A New Contract with The University Of Illinois For A Swine Calorimeter Unit. The Contract Is Valued At Approximately $254,000.
ARMSTRONG, Iowa, Aug. 12, 2013 /PRNewswire/ -- Art's Way Manufacturing Co., Inc. (NASDAQ: ARTW), announces its wholly-owned subsidiary, Art's Way Scientific, Inc. (www.buildingsforscience.com), has been awarded a contract from the University of Illinois at Urbana-Champaign for a Swine Calorimeter Unit. The contract is valued at approximately $254,000.
Dan Palmer, President of Art's Way Scientific said, "The building is our uniquely designed and constructed Hog Care™ swine unit that consists of 4 self-contained calorimeter testing chambers and associated equipment for housing swine. Calorimeter testing is used for measuring either the heat produced or heat transferred from an animal to determine allocation of feed. Our scope is to build the rooms that hold the swine, which includes the swine flooring systems, feeding and watering equipment, building ventilation, and our cleanable surface. The university will equip the building with heating /cooling units, controls and monitoring equipment for each of the 4 chambers, which is critical to the testing environment, they require.
"The University of Illinois at Urbana-Champaign is a long time customer and user of our Hog Care buildings. Our experience with modular swine units and swine equipment makes us uniquely qualified to handle this project."
J. Ward McConnell, Jr., Chairman of the Board, said, "It is very rewarding to have repeat business from customers who believe and trust in your products and customer service. We believe this contract is in recognition of the quality and performance of our Hog Care modular units as well as our ability to continuously innovate to better service our clients' needs. Company wide, we are focused on creating quality products for the agricultural and farming sector, providing customer service beyond 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 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 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.
For More Information, Contact:
Jim Drewitz, Investor Relations
SOURCE Art's Way Manufacturing Co., Inc.