Arts Way Manufacturing, (Nasdaq: ARTW), a manufacturer and distributor of agricultural machinery, equipment and services, based in Armstrong, Iowa, reported on April 13 that its latest quarterly profit for the 3 months ending February 28 was up by $30,000 over the same period last year.
Chairman Ward McConnell said the manufacturer of farm machinery niche equipment earned $123,427 for the quarter, up from $97,637 a year earlier.
The increased profit was accomplished despite a 17%…
This is subscription content for VIP Members. A VIP membership gives you all things Ag Equipment Intelligence all the time! Compare the three levels of access:
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
Download these helpful knowledge building tools
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
