Astec Industries Inc
Company Profile
Business description
Astec Industries Inc designs and manufactures equipment and components used in road construction and other development activities. Its products are used through the entire process of building roads, from mining and crushing materials to creating the road surface. The company manufactures a line of plants, pavers, vehicles, and machines to mix and transform materials into construction components. It has two operating segments: infrastructure solutions generating maximum revenue and materials solutions. The majority of sales are derived from the United States. Its customers are asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, demolition recycling markets, sand and gravel producers, open mine operators, quarry operators, and others.
Contact
1725 Shepherd Road
ChattanoogaTN37421
USAT: +1 423 899-5898
E: sanderson@astecindustries.com
Sector
Industrials
Stock type
Sensitive
Industry
Farm & Heavy Construction Machinery
Fiscal Year End
31 December 2024
Employees
4,322
Morningstar Investment Ideas
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