XNAS
ASTE
Market cap902mUSD
Oct 20, Last price
39.26USD
1D
1.79%
1Q
-29.99%
Jan 2017
-41.80%
Name
Astec Industries Inc
Chart & performance
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Profile
Astec Industries, Inc. is a company dedicated to the creation, production, and global distribution of specialized machinery and essential components. These products primarily support road construction and various other heavy building and civil engineering endeavors, serving both domestic and international markets. Its operations are structured into two distinct divisions: Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions division provides an extensive range of equipment vital for asphalt production, concrete handling, and overall construction support. This encompasses asphalt and concrete plants, storage tanks, heating and cooling units, various paving and material transfer vehicles, dust control systems, soil stabilization and remediation machinery, wood processing equipment like chippers and grinders, and advanced control systems. Furthermore, it delivers comprehensive engineering and environmental compliance services. Its clientele spans asphalt manufacturers, heavy civil and road construction contractors, ready-mix concrete suppliers, companies engaged in construction and demolition waste recycling, and government entities. Conversely, the Materials Solutions division specializes in designing and producing robust machinery for material processing. This includes crushing, screening, and vibrating equipment, along with mobile, modular, and portable plant configurations. It also provides bulk material handling and conveying systems, plant automation solutions, and specialized mineral processing equipment. This segment augments its product offerings with expert consulting and engineering support. Astec Industries, Inc. was established in 1972 and maintains its corporate headquarters in Chattanooga, Tennessee.
Related entities
Subsidiaries (6)
ASTEC AUSTRALIA PTY LTD
Astec Digital Canada Inc.
Astec Digital IP Holding Inc.
Astec Digital Minds Group Inc.
ASTEC INDUSTRIES EUROPE LIMITED
BREAKER TECHNOLOGY LTD.
Key people
Independent Chairman of the Board · since 2019
Brian Harris
Chief Financial Officer · since 2024
Michael Norris
Group President - Materials Solutions · since 2023
Barend Snyman
Group President - Infrastructure Solutions · since 2023
Aletheia Silcott
Chief Human Resources Officer · since 2024
Stephen Anderson
Senior Vice President, Administration and Investor Relations · since 2024
E. Terrell Gilbert
General Counsel, Chief Compliance Officer and Corporate Secretary · since 2024
Jaco van Der Merwe
President, Chief Executive Officer, Director · since 2023
Tracey Cook
Independent Director · since 2018
Independent Director · since 2022
Mary Howell
Independent Director · since 2019
Independent Director · since 2024
Independent Director · since 2022
Independent Director · since 2022
Independent Director · since 2024
James Winford
Independent Director · since 2023
IPO date
Jun 18, 1986
Employees
4,291
Domiciled in
US
Incorporated in
US
Legal address
C/O CORPORATION SERVICE COMPANY
2908 POSTON AVE
NASHVILLE, TN 37203
US
2908 POSTON AVE
NASHVILLE, TN 37203
US
Headquarters
1725 SHEPHERD RD
CHATTANOOGA, TN 37421
US
CHATTANOOGA, TN 37421
US
Valuation
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