Art's-way Manufacturing Co., Inc. · NASDAQ:ARTW
Art's-way Manufacturing — Sidoti Micro-Cap Conference 2012
22 slides from Art's-way Manufacturing's conference presentation, Jan 9, 2012
Slide 1: Art's Way Mfg. Co., Inc. – Sidoti Micro-Cap Conference
sd Since 1956 Art’s Way Mfg. Co., Inc. NASDAQ: ARTW. J. Ward McConnell, Jr, Chairman Mare H. McConnell, Vice-Chairman Sidoti Micro-Cap Conference 1/ g/2012
Slide 2: Forward-Looking Statements
Forward-Looking Statements The statements in this Presentation are “forward-looking” and made pursuant to the safe harbor provisions as outlined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Art’
Slide 3: Who is Art's Way?
Who is Art’s Way? Armstrong, lowa-based manufacturing company Employs 200 people Consists of 3 operating segments e Art’s Way Mfg.: Agricultural Equipment (71% of 2010 Revenue) e Art’s Way Scientific: Modular Research Facilities (23.5%) e Art’s Way Vessels: Tanks and Pressure Vessels (5.5%) 2010 Rev
Slide 4: Who is Art's Way? (continued)
Who is Art’s Way? (continued) Net Income $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 2002 2003 2004 2005 2006 2007 2008 2009 2010 ° Current management in place since 2002 © Recognition 2008: #54 on Forbes 200 Best Small Companies 2008: #57 on Fortune Small Business 100 1/g/t2 Sidoti Micro-C
Slide 5: History in Brief
~ History in Brief Founded in 1956 upon invention of Grinder-Mixer 1970's: Volume grew to 10,000 units/year Went public at inception of NASDAQ in 1971. 1980's: Diversified into other machinery as changing farming methods impacted Grinder-Mixer demand Struggled in late 1990’s, culminating in near ban
Slide 6: History in Brief (continued)
4 History in Brief (continued) ® 2005: Strategic diversification outside of agriculture via acquisitions. * 2005: Asset purchase of failing vessel business resulted in Vessels subsidiary * 2006: Asset purchase of failing modular building business in resulted in the Scientific subsidiary ® 2007-08: G
Slide 7: History in Brief (continued)
; History in Brief (continued) ® 2009-10: Further Expansion
Slide 8: AW Mfg: Agricultural Division
~ ——— ~ AW Mfg: Agricultural Division ® 430,000 sq. ft. of mfg. space in 2 plants e Brands: Art’s Way, Miller Pro, Badger, Roda e Nationwide network of 300 dealers e Exports to UK, Australia, Ukraine, France, Brazil, etc. e 18 product lines of equipment for: e Livestock Feeding e Sugar Beet Harvesti
Slide 9: 1/9/12
1/9/12 Sidoti Micro-Cap Conference
Slide 10: ifgfi2
ifgfi2 Sidoti Micro-Cap Conference
Slide 11: Art's Way Scientific
ARTS ENTIFIC Based in Monona, IA in new 50,000 sq. ft. facility constructed in 2007 Product: Design-built research facilities of modular construction and other modular buildings Sales cycle typically 1-2 years Largely dependent on university endowments and federal funding Customers e Government Rese
Slide 12: Art's Way Scientific
As ARTS WAY SCIENTIFIC 1/9/12 Sidoti Micro-Cap Conference
Slide 13: Art's Way Vessels
ARTS WAY VESSELS Based in Dubuque, IA in new 35,000 sq. ft. facility constructed in 2008 ASME Certified Products: fabricated steel tanks and pressure vessels serving water and chemical containment and/or treatment. Customers Water Treatment Equipment Companies Chemical Companies Industrial 1/g/t2 Si
Slide 14: aig/t2
aig/t2 Sidoti Micro-Cap Conference
Slide 15: Consolidated 2011 Performance
Consolidated 2011 Performance e Thru Q3 (8/31): Revenue down 5%, Earnings down 6.8% « AW Mfg: Revenue up 13.6% » AW Scientific: Revenue down 54.2%, « AW Vessels: Revenue up 10% e 4th Quarter: Anticipate consistent finish in all 3 segments Summary: the Agricultural Equip. segment carried the business
Slide 16: Slide 16
Slide 17: AW Mfg 2012: Year of Organic Growth
AW Mfg 2012: Year of Organic Growth Creighton Farm Equipment Sales index JULOB OG-08 Jan-09 Apr-09 JULOD Oct-09 Jan-10 Apr-10 JULIO Oct-10 Jan11 Apr-tt JukIt Oct-11 Jan-t2 e Farmers got rich in 201 after a good 5-year run, 22 months of expansion ° Industry consensus: another robust year awaits, very
Slide 18: AW Scientific 2012: Excellent Forecast
AW Scientific 2012: Excellent Forecast Recently announced $7 million contract for an elite university client to be completed by Q3 with additional contract pending. Funding cycle seems to be improving Interest for new projects is strong Growing interest in leases Investments made during downturn for
Slide 19: AW Vessels 2012: Return to Profitability
AW Vessels 2012: Return to Profitability e Gains in revenue and income, backlog up 150%
Slide 20: 2012 Consolidated
2012 Consolidated © Significant top-line growth
Slide 21: Stock Data (ARTW)
Stock Data (ARTW) e 4.02 million shares outstanding
Slide 22: Why Invest in Art's Way?
~ Why Invest in Art’s Way? ¢ Company is Growing © Company is Profitable © Company is Undervalued © Company Services Attractive and Growing Market Segments © Very Few Other Small-Cap Opportunities in Ag Sector © Very Few Firms Design and Build Custom-Designed Labs for Nationwide Installation e Compan
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