Astec Industries (NASDAQ:ASTE) is a designer and manufacturer of specialized equipment for infrastructure-related markets. Headquartered in Chattanooga, Tennessee, the company develops, engineers and produces machinery for asphalt road-building, aggregate processing, concrete production, underground mining, landscaping and utility installation. Astec’s product portfolio includes asphalt plants, portable crushers, conveyors, screening plants, mixers, continuous miners and related support equipment.
Organized into multiple operating segments—Roadbuilding; Aggregate & Mining; Energy; and Pavement Preservation & Maintenance—Astec Industries serves contractors and municipalities that build and maintain transportation, energy and utility networks. Its Roadbuilding segment offers both stationary and mobile asphalt plants as well as pavers and compactors, while the Aggregate & Mining group provides crushing, screening and material handling solutions. The Energy division focuses on fluid handling, filtration and power generation systems, and the Pavement Preservation arm supplies seal coaters, crack fillers and related equipment.
Since its formation in the early 1970s, Astec Industries has expanded its manufacturing and distribution footprint across North America, Europe, Latin America and Asia. The company leverages a global network of production facilities and dealer partners to deliver parts, service and technical support in more than 40 countries. Astec’s executive leadership team oversees technology development, quality control and a customer service organization designed to optimize equipment uptime and lifecycle performance.
With a long-standing presence in the construction-equipment sector, Astec Industries continues to invest in product innovation and operational efficiency. Its focus on modular designs, digital controls and sustainability initiatives aims to meet evolving infrastructure demands while supporting long-term growth for customers and shareholders alike.
