Astec Industries, Inc.

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Company Profile

Astec Industries, Inc. engages in the manufacturing of equipment and components for the infrastructure, and aggregate and mining industries. It operates through the following segments: Infrastructure Solutions, Material Solutions, and Corporate. The Infrastructure Solutions segment markets line of asphalt plants and related components, asphalt pavers, screeds, milling machines, material transfer vehicles, stabilizers, and related ancillary equipment. The Material Solutions segment focuses on designing and manufacturing heavy processing equipment, as well as servicing and supplying parts for the aggregate, metallic mining, recycling, ports, and bulk handling markets. The Corporate segment consists of the firm's parent company and Astec Insurance Co. The company was founded by J. Don Brock in 1972 and is headquartered in Chattanooga, TN.