Art’s Way managed a 7.5% increase in consolidated revenue for Q1 2021 thanks to increased sales in its Agricultural Products segment.
President and CEO of Art’s Way Manufacturing, David King said, “We are pleased to report top-line growth in the first quarter due to the increased revenue in our Agricultural Products segment.
“While our outlook for the year is positive, we continue to navigate challenges related to increased prices for steel, building materials and purchased components along with availability issues. As such, we have raised prices where necessary and are diligently working with suppliers to ensure delays do not negatively affect our ability to deliver products.”
King also added, “We are excited to announce the launch of a new logo and branding initiative for the Agricultural Products segments during the second quarter that will position the company as a forward-thinking power player in the agricultural equipment manufacturing industry. We’re not only updating the brand; we’re recommitting our efforts to better serve dealers and operators.”
