Art's Way Manufacturing, Inc. (Nasdaq: ARTW) announces its wholly owned subsidiary, Art's Way Scientific, will be providing design, manufacturing and installation of a 6,000 sq. ft. two story laboratory and office building for Lockard Construction, who is the prime contractor on this complex for a well known, nationally respected cancer research center. The contract is valued at approximately $3 million. Art's Way will design, manufacture and install for prime contractor, Lockard Construction
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Dan Palmer, General Manager of Art's Way Scientific said, "We are very pleased to be associated with this prestigious cancer research institute. This site will be the center of an intensive new effort to bring together nonprofit partners; working side-by-side, utilizing technological resources second to none, to more rapidly translate the latest genetic and molecular discoveries about cancer into effective new treatments that benefit cancer patients."This is the second project we have completed for Lockard Construction. The first project was a 9,000 sq. ft. research facility we completed in 2008." J. Ward McConnell, Jr., Executive Chairman of the Board, said, "We are gratified to be working again with Lockard Construction on this important program. Art's Way Scientific's combined experience and performance record with this renown cancer research center is proof our contribution is critical to their mission of discovering effective new treatments."Art's Way Scientific, Inc. is a wholly owned subsidiary of Art's Way Manufacturing, Inc. It is the recognized leading supplier of modular laboratories for biocontainment, animal science, public health and security requirements. Art's Way Scientific custom designs, manufactures, delivers, and installs laboratories and research facilities to meet customers' critical requirements. Art's Way manufactures and distributes farm machinery niche products including animal feed processing equipment, sugar beet defoliators and harvesters, land maintenance equipment, crop shredding equipment, plows, hay and forage equipment and top and bottom drive augers. After market service parts are also an important part of the Company's business. We have two wholly owned subsidiaries. Art's Way Vessels, Inc. manufactures pressurized tanks and vessels and Art's Way Scientific, Inc. manufactures modular animal confinement buildings and modular laboratories
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