Art’s Way Continues Rebound in 3Q, Analyst Calls Company an ‘Acquisition Target’

With its third-quarter results, Art’s Way Manufacturing, the shortline manufacturer of specialized farm machinery, offered further results of the continuing strength of the ag equipment industry. With the continuing strong farming fundamentals and Art’s Ways expanding product line, at least one analyst says the company is a possible acquisition target.

On October 8, Art’s Way, based in Armstrong, Iowa, reported net sales for the 3 months ended August 31, 2010 were $10.6 million compared with…

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