Art’s-Way Completes Purchase Of M&W

Art’s-Way Manufacturing, Inc., Armstrong, IA, announced they have completed the acquisition of the M&W round hay baler product line of Gibson City, IL, an Alamo Group Inc. company.

J. Ward McConnell, Jr., Chairman of the Board, said, “This vertical acquisition allows us to expand our product line, improve our leadership position, build our asset base for revenue growth and increase shareholder value. Additionally, there is a loyal and dedicated group of M&W dealers nationwide who will now be introduced to Art’s-Way complete product line.”