ARMSTRONG, Iowa, Feb. 19, 2019 /PRNewswire/ -- Art's-Way
Manufacturing Co., Inc. (Nasdaq: ARTW), a diversified,
international manufacturer and distributor of equipment serving
agricultural, research and steel cutting needs, announces its
modular buildings segment has entered into a contract worth
$8.4 million for the completion of a
biomedical facility in Frederick, Maryland. The project
consists of five modular units that make up a 5,430 square foot
facility.
President of Art's Way Scientific, Dan
Palmer, reports "We are very pleased to have the opportunity
to complete this project.
"This will be our third significant modular laboratory project
for this client. We are delighted to be able to bring back
together the same team of construction managers, architectural,
structural, and mechanical engineers and subcontractors that have
supported our manufacturing plant in successfully completing the
previous high value, high quality and on time solutions to support
this client's important research requirements. We are
expecting completion of this project by the end of our 2019 fiscal
year."
About Art's Way Scientific, Inc. –Buildings For Science
–
Art's Way Scientific, Inc. is a wholly owned subsidiary of
Art's-Way Manufacturing Co., Inc. and is the recognized leading
supplier of modular laboratories for biocontainment, animal
husbandry science, public health 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 Co., Inc.
Art's-Way manufactures and distributes farm machinery niche
products including animal feed processing equipment, sugar beet
defoliators and harvesters, land maintenance equipment, plows, hay
and forage equipment, manure spreaders, reels for combines and
swathers, and top and bottom drive augers, as well as modular
animal confinement buildings and laboratories, and specialty tools
and inserts. After-market service parts are also an important part
of Art's-Way's business. Art's-Way has three reporting segments:
agricultural products; modular buildings; and tools.
For more information contact: Carrie Gunnerson, President, Chief Executive
Officer and Interim Chief Financial Officer
712-864-3131
investorrelations@artsway-mfg.com
Or visit our website at www.artsway-mfg.com/
Cautionary Statements
This news release includes "forward-looking statements" within
the meaning of the federal securities laws. Statements made in this
release that are not strictly statements of historical facts,
including our expectations regarding the timing of project
completion, are forward-looking statements. Statements of
anticipated future results are based on current expectations and
are subject to a number of risks and uncertainties, including, but
not limited to, our ability to complete projects in a timely and
efficient manner in accordance with customer specifications, and
other factors detailed from time to time in our Securities and
Exchange Commission filings. Actual results may differ markedly
from management's expectations. We caution readers not to place
undue reliance upon any such forward-looking statements. We
do not intend to update forward-looking statements other than as
required by law.
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SOURCE Art's-Way Manufacturing Co., Inc.