ARTS WAY MANUFACTURING CO INC
For the period ended Aug 10, 2026. Filed Aug 10, 2026.
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Aug 10, 2026 · Filed Aug 10, 2026
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EX-99.1 · MODULAR BUILDING PROJECTS
MODULAR BUILDING PROJECTS
ARMSTRONG, IOWA, August 10, 2026– Art’s-Way Manufacturing Co., Inc. (Nasdaq: ARTW) (the “Company”), a diversified manufacturer and distributor of equipment serving agricultural and research needs, announces that its Modular Buildings segment has been awarded major projects recently, increasing the segment’s backlog to over $19.0 million, a significant increase since the $1.3 million reported in the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended May 31, 2026.
These projects represent a significant increase in the Modular Building segment’s production commitments and provide enhanced visibility into future manufacturing activity. The backlog is estimated to be substantially fulfilled by the end of the Company’s 2027 fiscal year, subject to customer schedules, project milestones and customary execution.
Marc McConnell, the Company’s President, CEO, and Chairman, reports, “We are pleased to announce the award of these significant projects, which reflect the strength of our modular manufacturing capabilities and the confidence our customers have placed in our team. These projects substantially strengthen our backlog and position the Company for an extended period of production activity. We remain focused on executing these projects efficiently and at the high level of quality and service our customers expect.”
The Company is not disclosing the identities of the customers or additional project details at this time due to the contractual confidentiality obligations. Should the customers agree to joint press release in the future the Company may release more information related to the projects.
The Company expects these projects to be executed at margins generally consistent with its historical performance for comparable Modular Buildings projects.
Backlog represents the estimated value of signed customer contracts that have not yet been completed. While backlog provides an indication of future business activity, it is subject to customer requirements, contract terms, scheduling changes, and other factors. Accordingly, backlog is not necessarily indicative of future revenue, operating results, or the timing of revenue recognition.
Art’s-Way Manufacturing Co., Inc.
Art’s Way Manufacturing is a small, publicly traded company that specializes in equipment manufacturing. For over 65 years, it has been committed to designing and building high-quality machinery for all operations. It has approximately 100 employees across two branch locations: Art’s Way Manufacturing in Armstrong, Iowa and Art’s Way Scientific in Monona, Iowa. Art’s Waymanure spreaders, forage boxes, high dump carts, bale processors, graders, land planes, sugar beet harvesters andgrinder mixers are designed to optimize production, increase efficiency and meet the growing demands of customers. Art’s Way Manufacturing has two reporting segments: Agricultural Products and Modular Buildings.
For more information, contact:
Marc McConnell, President, Chief Executive Officer and Chairman
712-208-8467
marc.mcconnell@artsway.com
Or visit the Company’s website atwww.artsway.com/
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.