ARTS WAY MANUFACTURING CO INC

Art’s-Way Manufacturing Co., Inc. manufactures and distributes agricultural machinery and custom modular buildings. The company operates two segments: Agricultural Products and Modular Buildings. Its agricultural line includes animal feed processing machinery, forage equipment, manure spreaders, bale processors, sugar beet harvesters, dirt work equipment, and replacement parts. These farm products serve livestock and grain producers, commercial clients, and equipment manufacturers. The modular buildings segment designs, fabricates, delivers, installs, and leases specialized modular structures and containment research laboratories. It serves academic institutions, government diagnostic centers, public health organizations, and private pharmaceutical companies.

The company is headquartered in Armstrong, Iowa, which also houses its primary agricultural manufacturing plant. It operates an additional modular building production facility in Monona, Iowa. Art’s-Way distributes farm equipment through approximately 500 independent dealers across 48 U.S. states and seven Canadian provinces, alongside overseas dealers in Australia, Japan, and the United Kingdom. Additionally, the company exports products to five foreign countries.

Summary of the business section of Arts Way Manufacturing's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of November 30, 2025, we employed 66 employees in our Agricultural Products segment, including one on a part-time basis, and 32 employees in our Modular Buildings segment, including two on a part-time basis.”