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Art's-Way Manufacturing Closes Acquisition Of Agro Trend - Quick Facts

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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