ARMSTRONG, Iowa — Art’s-Way Manufacturing, Inc., a leading manufacturer and distributor of agricultural machinery, equipment and services, has been named to the Fortune Small Business 100 — America’s fastest-growing small public companies.
The company was ranked No. 57 in 2008, with an earning-per-share growth of 12 percent; a revenue growth of 26.7 percent; and total return to investors of 53.1 percent.
Art’s-Way was also one of the featured best small companies.
To compile the eighth annual list, Fortune Small Business asked financial research firm Zacks to screen annual reports for public companies with annual revenue of less than $200 million and a stock price of more than $1.
Within that group, companies were ranked based on the past three years’ earnings growth, revenue growth and stock performance.
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.