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.