8-K

                            UNITED STATES
                 SECURITIES AND EXCHANGE COMMISSION
                      Washington, D. C. 20549

                             FORM 8-K

                          CURRENT REPORT
                  PURSUANT TO SECTION 13 OR 15(d)
              OF THE SECURITIES EXCHANGE ACT OF 1934

  Date of Report (Date of earliest event reported) October 30, 2006

                ART'S-WAY MANUFACTURING CO., INC.
    (Exact Name of Registrant As Specified In Its Charter)

                              Delaware
             State or Other Jurisdiction of Incorporation

                0-05131                 42-0920725
             (Commission               (IRS Employer
                File No.)           Identification Number)

                            P.O. Box 288
                        Armstrong, Iowa 50514
         (Address of Principal Executive Offices) (Zip Code)

                           (712) 864-3131
         (Registrant's Telephone Number Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instructions A.2 below):

___ Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

___ Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)

___ Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

___ Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CRF 240.13e-4 (c))

                             Form 8-K

    Item 5.02  Departure of Directors or Principal Officers; Election
of Directors; Appointments of Principal Officers

Effective October 30, 2006, Michael Hilderbrand resigned as President of
the Company. E.W. Muehlhausen has been appointed as an Interim President
pending the hiring of a new President. Mr. Muehlhausen was most recently
employed as President of McCormick International USA, Inc., of Norcross,
Georgia, prior to that Mr. Muehlhausen was employed by Ford Power
Products of Dearborn, Michigan as their Director of Sales and Marketing.
He also worked for Belarus Machinery Inc., of Milwaukee, Wisconsin as
their Manager of Operations and New Business Development.

   Items 8.01 and 9.01	Other Events; Financial Statements and Exhibits

On November 3, 2006, the Company issued a press release announcing the
information in 5.02, a copy of which is attached as Exhibit 99.1.

The foregoing information, including Exhibit 99.1, shall not be deemed
"filed" for purposes of Section 18 of the Securities Exchange Act of
1934 or otherwise subject to liability under that section, nor shall it
be deemed incorporated by reference in any filing under the Securities
Act of 1933 or the Securities Exchange Act of 1934 except as expressly
set forth by specific reference in such filing.

                             SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                      ART'S-WAY MANUFACTURING CO., INC.

Date: November 3, 2006                By: /s/ Carrie L. Majeski
                                          Carrie L. Majeski
                                          Chief Financial Officer

                           Exhibit Index

                            Description

Exhibit No. 99.1   Art's-Way Manufacturing Co., Inc., Press Release
dated November 3, 2006.

EX-99

                        Exhibit No. 99.1

ART'S-WAY ANNOUNCES CASH DIVIDEND

ARMSTRONG, IOWA - Art's-Way Manufacturing Co., Inc. today, November 3,
2006 announced a cash dividend.

The Board of Directors of Art's-Way Manufacturing Co., Inc., voted
unanimously on October 26, 2006, to pay a cash dividend of 5 cents per
share to stockholders of record as of November 15, 2006. The dividend
will be paid on or before November 30, 2006.

"This dividend is the second in two years, and we are please that our
financial condition has allowed us to again pay a dividend to our
investors", stated J. Ward McConnell, Jr., Chairman of the Board. "Whole
we hope to continue this trend into the future, naturally the decision
to pay future dividends will be governed by our financial position at
the time," McConnell said.

Additionally, Art's-Way announced the appointment of E.W. Muehlhausen as
Interim President. Mr. Muehlhausen replaces Michael Hilderbrand, who
resigned as President on October 30, 2006, due to person reasons. Mr.
Muehlausen was most recently employed as President of McCormick
International USA, Inc., of Norcross, Georgia, prior to that Mr.
Muehlhausen was employed by Ford Power Products of Dearborn, Michigan as
their Director of Sales and Marketing. He also worked for Belarus
Machinery Inc., of Milwaukee, Wisconsin as their Manager of Operations
and New Business Development. He will work closely with Chairman J. Ward
McConnell, Jr., during this transition period and until a permanent
President can be found.

Art's-Way manufactures and distributes farm machinery niche products
including animal feed processing equipment, sugar beet and potato
harvesting equipment, edible bean equipment, land maintenance equipment,
finished mowing, crop shredding equipment and seed planting equipment.
Art's-Way also produces haylage machinery for several original equipment
manufacturers (OEM's). Starting in fiscal 2004, the Company is
manufacturing moldboard plows under its own label under a license
agreement with CNH. After market service parts are also an important
part of the Company's business. Our wholly owned subsidiary Art's-Way
Vessels Inc. manufactures pressurized tanks and vessels. Our wholly
owned subsidiary Art's-Way Scientific Inc. manufactures modular
buildings.

This news release includes "forward-looking statements" within the
meaning of the federal securities laws. Statements of anticipated future
results are based on current expectations and are subject to a number of
risks and uncertainties, including but not limited to, quarterly
fluctuations in results, customer demand for the Company's products,
domestic and international economic conditions, the management of growth
and other risks detailed from time to time in the Company's Securities
and Exchange Commission filings. Actual results may differ markedly from
management's expectations. The Company cautions readers not to place
undue reliance upon any such forward-looking statements.