|PRESS RELEASE||September 20, 2012|
|FOR IMMEDIATE RELEASE|
ARMSTRONG, IOWA, September 20, 2012 – Art’s Way Manufacturing Co., Inc., (NASDAQ:ARTW) a leading manufacturer and distributor of farm machinery in the United States and internationally, names Mr. Dean Drogemueller, Director of Finance.
Mr. Drogemueller has over 20 years of experience in financial and accounting positions in numerous industries. Prior to joining the Company, he served as Controller for WuXi AppTec, Inc. from 2008 to 2011. Mr. Droegemueller’s previous positions were with Millennium Import LLC, as Assistant Controller from 2002 to 2010, and American Medical Systems, Inc. as Staff Accountant from 1998 to 2002.
Mr. Droegemueller holds a Bachelor of Science degree in accounting St. Cloud State University.
J. Ward McConnell Jr., Chairman of the Board of Directors said, “Dean brings an outstanding skill set of financial knowledge, personality and team leadership. We are confident Dean’s experience, proven track record and his commitment to integrity in financial reporting and accounting control will be invaluable to the Company and our shareholders. We are honored to welcome Dean to the Art’s Way family.”
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, round hay balers, plows, hay and forage equipment, manure spreaders and top and bottom drive augers. After-market service parts are also an important part of the Company’s business. The Company has three wholly owned subsidiaries. Art’s Way Vessels, Inc. manufactures pressurized tanks and vessels; Art’s Way Scientific, Inc. manufactures modular animal confinement buildings and modular laboratories. Universal Harvester by Art’s Way Manufacturing Co. manufactures reels for combines and swathers.
For More Information, Contact: Jim Drewitz, Investor Relations
Or visit the Company’s website at www.artsway-mfg.com
Safe Harbor Statement
Some of the statements contained in this news release are not purely historical statements. Such statements discuss future expectations or state other forward-looking information related to the Company’s intent to pursue acquisition opportunities and the impact of acquisition opportunities on the Company’s growth and financial results. Those statements are subject to known and unknown risks, uncertainties and other factors that could cause the actual results to differ materially from those contemplated by the statements. The “forward-looking” information is based on management’s current intent, belief, expectations, estimates and projections regarding our company and our industry. You should be aware that those statements only reflect our predictions. Actual events or results may differ substantially. Important factors that could cause our actual results to be materially different from the forward-looking statements are disclosed under the heading “Forward Looking Statements” in our annual report on Form 10-K. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee the availability of viable acquisition opportunities or our future results. The forward-looking statements in this release are made only as of the date hereof and we undertake no obligation to update publicly any forward-looking statement for any reason, even if new information becomes available or other events occur in the future.