Astec Industries, Inc.

Astec Industries, Inc.

Sector: Construction Machinery And Equipment Region: TN, United States

: | Nasdaq: ASTE

Astec Industries, Inc. was founded in 1972 with the vision to apply creative thinking and state-of-the-art technology to traditionally low-tech industries, bolstered by a corporate culture renowned for putting customer service first. Based in Chattanooga, Tennessee, the Astec Industries, Inc. family of companies has become a global leader in the manufacture of equipment for asphalt road building, aggregate processing, oil, gas and water well drilling and wood processing, among others.

Today Astec Industries, Inc. manufactures more than 220 products from rock crushing and screening plants to hot mix asphalt (HMA) facilities, concrete plants, water, gas and oil drilling rigs, geothermal drills, milling machines, asphalt pavers, material transfer vehicles, and wood processing equipment.

Astec's goal is to design, manufacture and provide the most innovative, productive and reliable equipment for the industries we serve, coupled with unparalleled customer service, training, education and support. No other company in the world competes with Astec in all or even most of its product lines. Astec’s innovative products have led to a continuous stream of new patents and are in ever increasing demand. The Astec companies have become leaders in their respective markets by giving Astec customers the means to be more productive and profitable.

Investor Calendar

Jul 26, 2016 10:00 am | Second Quarter 2016 Earnings Call

Apr 26, 2016 10:00 am | First Quarter 2016 Earnings Call


Dr. J. Don Brock, Chairman
Dr. J. Don Brock founded Astec Industries, Inc. in 1972. Under his leadership Astec has grown into a family of 18 companies, 12 of which are located throughout the United States and one each in Australia, Canada, Germany, South Africa, Brasil and Northern Ireland. Astec's 18 companies specialize in the manufacture of asphalt mixing plants and recycling equipment; mobile asphalt paving equipment; heat transfer equipment; aggregate processing equipment including rock crushers, screens, washing and conveyor systems and components; wood chipping, shingle grinding; and oil and gas ddrilling related equipment. Astec's innovation and unparalleled service and support have attracted a global customer base. Dr. Brock earned a BS degree from the University of Tennessee in Mechanical Engineering. He then attended the Georgia Institute of Technology and obtained an MS in Mechanical Engineering in 1963 and a Ph.D. in Mechanical Engineering during 1965. Dr. Brock presently holds approximately ninety (90) U.S. and foreign patents on construction machinery and drying equipment.

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