This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Art's Way Manufacturing Announces Their Wholly Owned Subsidiary, Art's Way Scientific, Has Been Awarded A New Contract With Texas Department Of Criminal Justice For Six Modular Swine Buildings

Stock quotes in this article: ARTW

ARMSTRONG, Iowa, July 2, 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 for six modular swine buildings from the Texas Department of Criminal Justice. The modular buildings will be used in support of the Correctional Unit's Swine Farrowing/Nursery/Finishing Operations. The contract was awarded in a competitive bidding environment and is valued at approximately $750,000.

Dan Palmer, President of Art's Way Scientific said, "We are honored to have the opportunity to design, manufacture and install these six AG swine buildings for the State of Texas. They are a valued and repeat customer. It demonstrates the strength of our team and our unique capabilities within the modular AG buildings industry. These buildings fit our customer's need perfectly because they create the ideal environment for swine and the people who work with them. Our 'turnkey solution' is ideal for environments where the site must be closely controlled for security reasons. Our modular AG buildings are completely climate controlled, easy to clean and sanitize, and include the most advanced swine equipment including boar isolation, gestation, farrowing, nursery, finishing, feed study and show pigs - www.artsway-scientific.com/ag-buildings/hog-care. Our ability to design, construct and install 'ready to use swine units' in short period of time, made this a very easy decision for Texas."

J. Ward McConnell, Jr., Chairman of the Board, said, "We are beginning to see an increased interest for our modular agricultural buildings particularly in the Hog and Dairy industries. As a result of these contracts and other bids in the pipeline, as well as a very healthy farm income which has encouraged farmers to purchase new equipment and expand operations, we are anticipating Art's Way's consolidated revenue, income and gross margins to improve in the balance of fiscal 2013."

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.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,042.90 -28.32 -0.17%
S&P 500 1,972.29 -5.51 -0.28%
NASDAQ 4,493.39 -12.4620 -0.28%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs