Farms.com Home   Farm Equipment News

Art's Way Announces 'Mutual Separation Agreement' with David King

Art's-Way Manufacturing Co. Inc. announced that effective October 1, 2024 the company reached a mutual separation agreement with President David King. Current Chairman of the Board Marc McConnell will serve as president moving forward and the company will realize a net overhead reduction. McConnell has served on Art's Way's Board of Directors since 2001, served as Vice Chairman from January 2008 to April 2015 and has since served as Art's Way's Chairman of the Board.

King took over as president in March 2020, replacing Carrie Gunnerson, who served as CEO since 2007. 

On Oct. 4, Art's Way announced its third quarter consolidated corporate sales were down 27.6% and sales for the first 9 months were down 21.8%. 

Click here to see more...

Trending Video

2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

Video: 2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

There were no big surprises in the USDA June report as it historically is not a market moving report, but U.S. HRW production was lowered by 18 million bushels. The June USDA crop report was neutral- higher global stocks & South American production offset lower U.S. wheat and higher U.S. corn exports.
Crude oil breaking lower technically on news of a peace deal with Iran.
Elon Musk is now a trillionaire with the debut of the SpaceX IPO today!
Markets pricing in a 2026 U.S. corn yield at 187 bpa with the worst start to June in 50+ years on non-threatening weather that remains a “wild card".
El Nino has arrived according to CPC.
U.S. wholesale Gulf urea prices plunged 81.3%.
The spreading of screwworm in the U.S. is BULLISH cattle long-term.
+ CFTC fund flow.