Latest News Releases
|FOR IMMEDIATE RELEASE
March 26, 2008
|For More Information, Contact:
Jim Drewitz, Investor Relations
ART’S-WAY MANUFACTURING INTRODUCES THERMOPLASTIC
POLYETHYLENE-BASED ROTOLINING FOR INTERIOR LINING OF
TANKS AND VESSELS
Rotolining Meets FDA Specifications For Use of Poly Products In Food Use!
ARMSTRONG, Iowa, March 26, 2008 – Art’s-Way Manufacturing, Inc. (NASDAQ: ARTW), announces its wholly owned subsidiary, Art’s Way Vessels, Inc., is now offering superior interior tank lining capabilities that will give customers the options of using a lower cost carbon steel tank in many food products applications, instead of a high priced stainless steel tank. The lining materials meets ALL requirements of the U.S. Food & Drug Administration specification 21CFR 177,1520, covering safe use of polyolefin articles intended for direct food contact.
The Art’s Way Vessels Rotolining is a modified thermoplastic polyethylene-based coating resin. It is heated and baked to conform to the inside dimensions of the vessel. It is available as a 35-mesh powder and offers exceptional stress crack resistance and excellent adhesion to metals and selected polymers. The material is used in lining applications for pipes, drums, tanks and vessels. It also provides resistance to a wide range of chemicals and is designed for use in applications requiring corrosion resistance, insulation, abrasion resistance, and impact resistance.
Art’s Way Vessels is showcasing their Rotolining tanks and vessels at the 2008 Water Quality Association Aquatech Exhibition at the Mandalay Bay Convention Center in Las Vegas, NV this week.
J. Ward McConnell, Jr., Chairman of the Board, said, “There is a great need for Art’s-Way Vessels’ new, thermoplastic, rotolining coating in the marketplace. Now vessel and tank owners can upgrade and modernize their current vessel fleet and expand their intended use by implementing our rotolining. The lining application is quick and simple, cost effective and can extend the life of the vessel as well as greatly expand its application. We are excited about this new product and think it will be a great complement to the pressure or atmospheric vessels, skids, piping, vessel components and steel fabrication already offered by Art’s-Way Vessels, Inc.”
About Art’s-Way Vessels, Inc.
Manufacturer of A.S.M.E. Code & Non-Code Vessels and Tanks, we build in carbon steel and stainless steel, ranging from atmospheric (0 PSI) storage vessels up to any PSI pressure rating required. Sizes ranging in diameter from 4″ to 14’ and vary in lengths up to 40’. We now offer an interior tank Thermoplastic Polyethylene based Rotolining for vessels with a maximum diameter of 48” and maximum length of 72”. We offer customers greater cost efficiencies and wider range of applications. We focus on Service. Quality. On Time Delivery. Saving You Money.
For more information visit our web site: https://www.artsway-vessels.com/ For sales or pricing information, please call 563-557-8265. Or Fax 563-557-7443.
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, plows, hay and forage equipment. After market service parts are also an important part of the Company’s business. We have two wholly owned subsidiaries. Art’s-Way Vessels Inc. manufactures pressurized tanks and vessels and Art’s-Way Scientific Inc. manufactures modular animal confinement buildings and modular laboratories.
For More Information, Contact: Jim Drewitz, Investor Relations 830-669-2466
Or visit the Company’s website at www.artsway-mfg.com
This news release includes “forward-looking statements” within the meaning of the federal securities laws. 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, quarterly fluctuations in results, customer demand for the Company’s products, domestic and international economic conditions, the management of growth and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings. Actual results may differ markedly from management’s expectations. The Company cautions readers not to place undue reliance upon any such forward-looking statements.