ARMSTRONG, Iowa,— Art’s Way Manufacturing Co. Inc., an international manufacturer of equipment serving agricultural, research and water treatment needs, has recently acquired Ohio Metal Working Products Company.
Located in Canton, Ohio and operating as American Carbide Tool Company, Ohio Metal Working Products Company is the largest domestic manufacturer and distributor of standard single-point brazed carbide tipped tools, which are used for machining metallic and non-metallic materials. The company also provides PCD (polycrystalline diamond) and CBN (cubic boron nitride) inserts and tools. It has over 50 years of tool making experience.
“We are pleased to complete this valuable acquisition,” said J. Ward McConnell Jr., Chairman of the Board of Directors at Art’s Way. “The Company’s growth strategy has been and continues to be to assemble a portfolio of smaller companies that will be key components of our strategic long-term business plan.”
With the acquisition, a new wholly-owned subsidiary of Art’s Way was formed, Ohio Metal Working Products/Art’s-Way, Inc. The company’s new 36,000 square-foot facility is located at 3620 Progress Street NE, Canton, Ohio.
About Art’s Way Manufacturing Co., Inc.
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, round hay balers, plows, hay and forage equipment, manure spreaders, reels for combines and swathers, and top and bottom drive augers, as well as pressurized tanks and vessels, and modular animal confinement buildings and laboratories. After-market service parts are also an important part of the Company’s business. The Company has three reporting segments agricultural products; pressurized tanks and vessels; and modular buildings. It has seven manufacturing facilities, which are located in Iowa, Ohio, and Ontario.