Company Description
Astec Industries, Inc. designs, engineers, manufactures, markets, and services equipment and components used primarily in road building and related construction activities worldwide.
The company operates in two segments, Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment offers asphalt plants and related components, heaters, concrete dust control systems, asphalt pavers, vaporizers, concrete material handling systems, screeds, heat recovery units, paste back-fill plants, asphalt storage tanks, hot oil heaters, bagging plants, fuel storage tanks, industrial and asphalt burners and systems, blower trucks and trailers, material transfer vehicles, soil stabilizing-reclaiming machinery, wood chippers and grinders, milling machines, soil remediation plants, control systems, pump trailers, concrete batch plants, liquid terminals, storage equipment and related parts, polymer plants, concrete mixers, cold central plant recycle systems, industrial automation controls, and telematics platforms, as well as service, construction and retrofits, and engineering and environmental permitting services.
The Materials Solutions segment designs and manufactures crushing equipment, mobile plants, bulk material handling solutions, vibrating equipment, screening equipment, electrical control centers, modular plants and systems, conveying equipment, plant automation products, portable plants, and mineral processing equipment, as well as offers consulting and engineering services.
It provides its products to asphalt or concrete producers; highway and heavy equipment contractors; utility contractors; sand and gravel producers; construction, demolition, recycle and crushing contractors; forestry and environmental recycling contractors; mine and quarry operators; port and inland terminal authorities; power stations; and domestic and foreign government agencies.
The company was incorporated in 1972 and is headquartered in Chattanooga, Tennessee.
| Country | United States |
| Founded | 1972 |
| Industry | Farm & Heavy Construction Machinery |
| Sector | Industrials |
| Employees | 4,148 |
| CEO | Jaco van der Merwe |
Contact Details
Address: 1725 Shepherd Road Chattanooga, Tennessee 37421 United States | |
| Phone | 423 899 5898 |
| Website | astecindustries.com |
Stock Details
| Ticker Symbol | ASTE |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000792987 |
| CUSIP Number | 046224101 |
| ISIN Number | US0462241011 |
| Employer ID | 62-0873631 |
| SIC Code | 3531 |
Key Executives
| Name | Position |
|---|---|
| Jaco G. van der Merwe | Chief Executive Officer, President and Director |
| Brian J. Harris | Chief Financial Officer |
| E. Terrell Gilbert Jr. | General Counsel, Chief Compliance Officer and Corporate Secretary |
| Michael Norris | Group President of Materials Solutions |
| Barend Snyman | Group President of Infrastructure Solutions |
| Robert Gerald Putney | Vice President and Chief Accounting Officer and Business Development |
| Stephen C. Anderson | Senior Vice President of Administration and Investor Relations |
| Aletheia D. Silcott | Chief Human Resource Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 14, 2025 | DEF 14A | Other definitive proxy statements |
| Feb 26, 2025 | ARS | Filing |
| Feb 26, 2025 | 10-K | Annual Report |
| Feb 26, 2025 | 8-K | Current Report |
| Dec 19, 2024 | 8-K | Current Report |
| Dec 10, 2024 | 8-K | Current Report |
| Nov 8, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Nov 7, 2024 | 10-Q | Quarterly Report |
| Nov 6, 2024 | SCHEDULE 13G | Filing |
| Nov 6, 2024 | 8-K | Current Report |