March 25, 2010 (FinancialWire) — Art's Way Manufacturing, Inc. (NASDAQ: ARTW), a manufacturer and distributor of niche agricultural machinery, equipment and services, said it is planning to purchase a 190,000 square foot facility in West Union, Iowa using a grant and loan of $65,000 from the Iowa Economic Development Board to help offset expenses associated with building repairs and machinery and equipment.

The company said it is also eligible to receive $158,000 for job training. The board provides incentives that range from loans to tax credits to growing companies like Art's Way Manufacturing.

Iowa-based 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, manure spreaders and top and bottom drive augers.

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