Art's way announces intention to discontinue tools business

Armstrong, ia / accesswire / june 7, 2023 / art's way manufacturing co., inc. (nasdaq:artw) ("the "company"), a diversified, international manufacturer and distributor of equipment serving agricultural, research and steel cutting needs, announced today that it intends to discontinue the operations of its tools segment in the third quarter of its 2023 fiscal year. operations of the tools segment are under ohio metal working products/art's way inc. dba american carbide tool, a wholly owned subsidiary of the company, and specializes in the manufacturing of standard single point brazed carbide tipped tools as well as pcd (polycrystalline diamond) and cbn (cubic boron nitride) inserts and oem tools.
ARTW Ratings Summary
ARTW Quant Ranking