Art's-way Manufacturing Co., Inc. · NASDAQ:ARTW
Art's-way Manufacturing — Investor Presentation (December 2012)
22 slides from Art's-way Manufacturing's investor presentation, Dec 6, 2012
Slide 1: Art's Way Mfg. Co., Inc. Company Presentation
Art’s Way Mfg. Co., Inc. NASDAQ: ARTW J. Ward McConnell, Jr., Chairman Marc H. McConnell, Vice-Chairman Company Presentation 12/6/2012
Slide 2: Forward-Looking Statements
= ae 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 tis ation Reform Act of 1995. Forward-looking statements involve known unknown risks and uncertainties, which may cause Art’
Slide 3: Who is Art's Way?
Who is Art’s Way? AMANANNY ACO Cl fs fas bebe f fer! Waren Armstrong, lowa-based manufacturing company Employs 200 people Consists of 3 operating segments e Art’s Way Mfg.: Agricultural Equipment (82% of 201 Revenue) e Art’s Way Scientific: Modular Research Facilities (11.5%) e Art’s Way Vessels: Ta
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 e Current management in place since 2002 e Recognition 2008: #54 on Forbes 200 Best Small Companies 2008: #57 on Fortune Small Business 100
Slide 5: History in Brief
st “History in Brie ® 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: D: met
Slide 6: History in Brief (continued)
History in Brief (continued) ® 2005: Strategic diversification outside of agriculture via acquisitions. e 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: Gro
Slide 7: History in Brief (continued)
- -_ History in Brief (continued) © 2009-12: Further Expansion ° 2009: Development of Grain Auger
Slide 8: AW Mfg: Agricultural Division
—— - ——— AW Mfg: Agricultural Division ® 460,000 sq. ft. of mfg. space in 3 plants e Brands: Art’s Way, Miller Pro, Badger, Roda, UHC e Nationwide network of 300 dealers e Exports Distributors in UK, Australia ® Occasional exports to Ukraine, France, Brazil, etc. ® 19 product lines of equipment for:
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Slide 11: Art's Way Scientific
ws ART'S WAY SCIENTIFIC 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 Gove
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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 e Water Treatment Equipment Companies » Chemical Companies ° Industrial
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Slide 15: Consolidated 2012 Performance
~ Consolidated 2012 Performance © Thru Q3 (8/31): Revenue up 36%, Earnings up 155.3% + AW Mfg: Revenue up 1.5% + AW Scientific: Revenue down 241%, + AW Vessels: Revenue up 10
Slide 16: Opportunities...
ities...
Slide 17: AW Mfg 2013: Year of Organic Growth
AW Mfg 2013: Year of Organic Growth Creighton Farm Equipment Sales Index duos Jan-09 JueO9. Jant10,— JubO.— Jan41Juet1.— Jant2_— Jue. ° Farmerscontinue to have record income ° Industry consensus: anotherrobust yearawaits ° Backlog remains strong
Slide 18: AW Scientific 2013 outlook
° Continued earnings from 2012 project into Qi e Interest for new |
Slide 19: AW Vessels 2013: Return to Profitability
AW Vessels 2013: Return to Profitability ° Gains in revenue and income, backlog strong
Slide 20: 2013 Consolidated
$A 2013 Consolidated
Slide 21: Stock Data (ARTW)
Stock Data (ARTW) e 4.04 million shares outstanding © Price as of 12/.
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 Company is Small and
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