Agricultural Equipment Manufacturer Expanding in Iowa

A grant and loan of $65,000 from the Iowa Economic Development Board will help offset expenses associated with building repairs and machinery and equipment, according to the company. Arts Way also is eligible to receive $158,000 for job training.

We are very pleased to receive this grant from the Iowa Economic Development Board, as it reinforces the strength, importance and industry leadership of Arts Way Manufacturing, said J. Ward McConnell Jr., executive chairman of the board for Arts Way. Our entire team has worked extremely hard to demonstrate to the Iowa Economic Development Board that we are worthy of this funding. Our plans for this facility will be a combination of warehouse for finished products and production of some of our ag lines.

The addition of this facility will allow us to gain valuable production space and will certainly allow us to accommodate any future acquisition.

The $1.4 million warehouse and factory expansion will create approximately 40 new jobs, according to the company. Arts Way expects to close on the facility around April 30.