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Art's-Way Manufacturing Co. Inc. Message Board

  • zzwildman zzwildman May 29, 2013 1:17 PM Flag

    awaiting expansion to Canada news & buyout of Canadian farm machinery manufacturer!

    timeline was May! Details coming. Universal Harvester last purchase strong and accreditive to earnings for year looking forward more same.

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    • do you think the announcement will be tomorrow after the market close?? don

      • 1 Reply to dkwilk
      • first of all remember tank deal for Vessels it was an old line company that was in reality a sales agent in business formerly manufacturing and servicing industrial tanks & vessels. Well they just did a No show on closing. So we have two countries various laws etc. ARTW has been thorough in purchasing. normally they announce when market is open or minutes before opening. hopefully all details will come out. this could cause re-action in stock based on revenue and does ARTW work out details with other farm machinery manufacturers to continue distribuition? Opening up Canada is larger then this deal. it changes sweet spot of sales which is 200 miles around ARTW warehouse and manufacturing plants. ARTW has traditionally low overhead and will add more independent dealers. The game plan is diversification.

4.875+0.004(+0.08%)Jan 29 1:04 PMEST

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