2.95
+8.06%
Close of 9 Nov 2026, in USD
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About Art's Way Manufacturing Co
From its filings with the US Securities and Exchange Commission
Art's Way Manufacturing Co is based in Armstrong, Iowa and is incorporated in North Carolina. Its shares trade on Nasdaq under the ticker ARTW. The SEC classifies its business as farm machinery & equipment. In the fiscal year to 30 November 2025, it reported revenue of $23.0m and net income of $1.0m. At that date it held total assets of $22.5m and shareholders' equity of $13.3m.
Art’s-Way Manufacturing Co., Inc., a Delaware corporation ("Art's-Way," “we,” “us,” “our,” and the “Company”), began operations as a farm equipment manufacturer in 1956. Since that time, we have become a worldwide manufacturer of agricultural equipment and specialized modular science and agricultural buildings. Our principal manufacturing plant and corporate headquarters is located in Armstrong, Iowa.
We have organized our business into two operating segments. Management separately evaluates the financial results of each segment because each is a strategic business unit offering different products and requiring different technology and marketing strategies. Our Agricultural Products segment manufactures and distributes farm equipment under the Art’s-Way name. Our Modular Buildings segment manufactures modular buildings for various uses, commonly animal containment and research laboratories, through our wholly owned subsidiary, Art’s-Way Scientific, Inc., an Iowa corporation. During the third quarter of fiscal 2023, the Company ceased operations of its Tools business, which was reported in discontinued operations for the twelve months ended November 30, 2024. The remaining components of the Tools segment were disposed prior to the twelve months ended November 30, 2025. For detailed financial information relating to segment reporting, see Note 18, “Segment Information,” to our financial statements in “Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA” of this report.
Quoted from its 10-K, filed 12 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 17 Mar 1980
- Employees
- 98
- Website
- artsway-mfg.com ↗
- Head office
- 5556 HIGHWAY 9, ARMSTRONG, IA, 50514
- Incorporated in
- NC
- Classification
- Farm Machinery & Equipment
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Marc McconnellChairman of the Board, President, Chief Executive Officer, since 2001$349,370
- Mr. Michael WoodsChief Financial Officer, since 2020$212,449
- Mr. Thomas BuffamanteIndependent Director$37,470
- Mr. Randall RamseyIndependent Director$33,470
- Mr. Matthew WestendorfIndependent Director$33,470
- Mr. David WhiteIndependent Director$37,470
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Art's Way Manufacturing Co Inc possesses several strengths that contribute to its competitive advantage and success in the market. Firstly, the company has a strong portfolio of products and services, offering a wide range of machinery and equipment solutions to its customers. This diverse product line allows Art's Way Manufacturing Co Inc to cater to various industries and customer needs.
- Secondly, the company has a well-established brand reputation and a loyal customer base. Over the years, Art's Way Manufacturing Co Inc has built a solid reputation for delivering high-quality products and excellent customer service. This strong brand image positively impacts customer trust and loyalty, giving the company a competitive edge.
- Additionally, Art's Way Manufacturing Co Inc benefits from its experienced and skilled workforce. The company's employees possess industry expertise, ensuring the production of top-notch machinery and providing effective customer assistance. This expertise adds value to the company's offerings and enhances customer satisfaction.
Weaknesses
- Despite its strengths, Art's Way Manufacturing Co Inc also faces certain weaknesses that require attention. One notable weakness is the company's dependence on a limited number of key suppliers for raw materials and components. Any disruptions in the supply chain could negatively affect production and lead to delays in fulfilling customer orders.
- Moreover, the company may face potential challenges in keeping up with rapid technological advancements. As technology continues to evolve, Art's Way Manufacturing Co Inc needs to invest in research and development to stay ahead of competitors and offer innovative products that meet changing customer needs.
Opportunities
- Art's Way Manufacturing Co Inc has several opportunities for growth and expansion. One key opportunity lies in expanding its market presence beyond domestic boundaries. By strategically entering international markets, the company can tap into new customer segments and increase its customer base, ultimately boosting revenue.
- Additionally, the growing demand for sustainable and environmentally friendly solutions presents an opportunity for Art's Way Manufacturing Co Inc to develop and offer eco-friendly machinery and equipment. This would not only cater to the changing preferences of customers but also contribute to the company's long-term sustainability goals.
Threats
- Art's Way Manufacturing Co Inc faces certain threats that could impact its performance and growth. One significant threat is the presence of intense competition in the machinery and equipment industry. To maintain its market share, the company needs to continuously innovate, improve its products, and effectively differentiate itself from competitors.
- Economic uncertainties and fluctuations in the market also pose threats to the company. A downturn in the economy or any adverse economic conditions could lead to reduced customer spending and lower demand for Art's Way Manufacturing Co Inc's products, affecting its revenue and profitability.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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