Art's Way Manufacturing Co., Inc. (ARTW) announced they have closed the acquisition of the assets of Agro Trend, a division of Rojac Industries, Inc. of Clifford, Ontario, Canada. A new entity was formed, Art's Way Manufacturing International, LTD.
Art's Way Manufacturing said it will lease the facility in Clifford, Ontario and plans on continuing manufacturing, marketing and sales from the Canadian location.
The company said that as previously announced, Rojac Industries, Inc. was to sell to Art's Way Manufacturing Co., Inc. the operating assets of its Agro Trend Manufacturing division, an agricultural machinery distributor and manufacturer of snow blowers, trailers, and running gears. This is a strategic purchase to increase distribution of Art's Way products into Canada.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.