Art’s Way Announces 2014 Financial Results

Art’s Way Manufacturing Co., Inc., a diversified, international manufacturer and distributor of equipment serving agricultural, research, water treatment and steel cutting needs, announces its financial results for the year ended Nov. 30, 2014.

The company’s consolidated sales increased 5.7%, from $34,227,000 in fiscal year 2013 to $36,170,000 in fiscal year 2014. Its total operating income decreased from $1,817,000 in fiscal year 2013 to $1,665,000 in fiscal year 2014, while net income for the fiscal year ended Nov. 30 declined by 39.7%, largely attributable to the gain on sale of land in fiscal 2013.

The company said strength in the current livestock markets will drive sales growth in 2015 and announced that it has increased its distribution points throughout the continental United States.

Art’s Way, Association member since 1961; artsway-mfg.com.