Agricultural Products sales were $2.98 million for Q3 2025, nearly flat from last year, and $9.96 million for the first nine months, down 15.5% from 2024.

Gross profit margins declined 3.4%, but operating expenses dropped 23%. Net income for the segment reached $139,000, a $1.34 million improvement from 2024, aided by a $976,000 Employee Retention Credit refund.

The company remains focused on strengthening products and customer experience.

| Member since 1961

Art’s-Way Manufacturing Co. Inc. announced that effective October 1, 2024 the company reached a mutual separation agreement with President David King. Current Chairman of the Board Marc McConnell will serve as president moving forward and the company will realize a net overhead reduction.

McConnell has served on Art’s Way’s Board of Directors since 2001, served as Vice Chairman from January 2008 to April 2015 and has since served as Art’s Way’s Chairman of the Board.

McConnell also served as President of the 果冻传媒 from 2013-2014.

| Member since 1961

Net sales increased by 16 percent for the fourth quarter compared to the same quarter last year.

The company鈥檚 fourth quarter was the strongest it has had since 2014. Sales in the agricultural products segment increased by 59 percent for the final quarter of 2019 compared to 2018 results.

Art鈥檚 Way also reported to investors that it reduced bank borrowing by 20 percent, reduced aged inventory significantly, added key members to its management team, built a recurring revenue stream, introduced new products, added potentially high-impact customers, and made significant operational improvements, among other good news.

鈥淔or several years we have kept our focus on quality, customer service, innovation, and continuous improvement in our operations and are now beginning to feel the benefit of these efforts undertaken during the difficult times those in our industry have experienced,鈥� said Marc McConnell, chairman of the Art鈥檚 Way Board of Directors. 鈥淚 am confident that this proactivity is helping to drive gains we are making in the business.

鈥淎s we look ahead to 2020,鈥� he continued, 鈥渨e are pleased to have a strong backlog of work in front of us in all segments and expect that this strong demand will continue as international trade deals are finalized, commodity prices continue to rebound, and a degree of certainty and stability returns to the agricultural industry at large.鈥�

Art鈥檚 Way Manufacturing also has named Michael Woods as its new chief financial officer. He has been with the company since 2016.

Member since 1961 |