Astec Industries, Inc. (NASDAQ: ASTE) designs, engineers, manufactures and services equipment used in the construction of infrastructure and the processing of aggregates. Its products support road building, asphalt production, concrete production, aggregate processing and related industrial applications.
The company’s product portfolio includes asphalt plants and related equipment, concrete plants, crushers, screens, feeders, material-handling systems, thermal-processing equipment and road-building machinery. Astec also provides replacement parts, equipment upgrades and aftermarket services to help customers maintain and improve their operations.
Founded in 1972 and headquartered in Chattanooga, Tennessee, Astec operates through manufacturing and distribution activities serving customers in the United States and international markets. Its equipment is used by highway and road contractors, aggregate producers, ready-mix concrete businesses, government agencies and other industrial customers.
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