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Astec Industries, Inc. (ASTE)

41.05 Down 0.41(0.98%) 4:00PM EDT
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Astec Industries, Inc.
1725 Shepherd Road
Chattanooga, TN 37421
United States - Map
Phone: 423-899-5898
Fax: 423-899-4456

Index Membership:N/A
Sector:Industrial Goods
Industry:Farm & Construction Machinery
Full Time Employees:3,708

Business Summary 

Astec Industries, Inc. manufactures and sells equipment and components primarily for the road building, aggregate processing, geothermal, water, oil and gas, and wood processing industries in the United States and internationally. Its Asphalt Group segment offers asphalt and concrete mixing plants, wood pellet plants, and related components; heating and heat transfer processing equipment; and storage tanks for asphalt producers, highway heavy equipment contractors, wood pellet processors, and governmental agencies. The company’s Aggregate and Mining Group segment provides aggregate processing and mining equipment for the production and classification of sand, gravel, crushed stone, and minerals used in road construction and other applications; mobile screening plants, portable and stationary structures, and vibrating screens; portable and stationary aggregate and ore processing equipment; rock breaking systems, processing equipment, and utility vehicles; and bulk material handling and minerals processing plant and equipment for open-mine and quarry operators. Its Mobile Asphalt Paving Group segment offers asphalt pavers, material transfer vehicles, milling machines, and asphalt reclaiming and soil stabilizing machines; asphalt paver screeds, commercial pavers, and windrow pickup machines; and asphalt rollers and screeds, and road widener attachments for highway and heavy equipment contractors and governmental agencies. The company’s Underground Group segment offers portable drilling rigs and related equipment; and high pressure diesel powered pump trailers used for fracking and cleaning oil and gas wells, and drilling rigs. Astec Industries, Inc. also offers whole-tree pulpwood chippers, biomass chippers, horizontal grinders, and blower trucks. The company sells its products through sales agents, distributors, and dealers. Astec Industries, Inc. was founded in 1972 and is based in Chattanooga, Tennessee.

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Corporate Governance 
Astec Industries, Inc.’s ISS Governance QuickScore as of Aug 1, 2014 is 8. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 10; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Dr. James Don Brock Ph.D., P.E., 76
Exec. Chairman and Chairman of Exec. Committee
Mr. W. Norman Smith , 74
Vice Chairman, Member of Exec. Committee and Group Pres of the Mobile Asphalt Paving Group
Mr. David C. Silvious CPA, 46
Chief Financial Officer, Principal Accounting Officer, VP and Treasurer
Mr. Jeffery J. Elliott , 60
Pres of Johnson Crushers Inc
Mr. Benjamin G. Brock Ph.D., 43
Chief Exec. Officer, Pres and Director
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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