ASTE - Astec Industries, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Astec Industries, Inc.

1725 Shepherd Road
Chattanooga, TN 37421
United States
423-899-5898
http://www.astecindustries.com

SectorIndustrial Goods
IndustryFarm & Construction Machinery
Full Time Employees4,218

Key Executives

NameTitlePayExercisedAge
Mr. Benjamin G. Brock Ph.D.Chief Exec. Officer, Pres and Director1.07MN/A47
Mr. W. Norman SmithVice Chairman592.03kN/A78
Mr. David C. Silvious CPAChief Financial Officer, VP and Treasurer463.95kN/A50
Mr. Richard J. DorrisChief Operating Officer and Exec. VP652.9kN/A57
Mr. Richard A. PatekGroup Pres of Aggregate & Mining525.99kN/A61
Amounts are as of December 31, 2016 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.

Description

Astec Industries, Inc. designs, engineers, manufactures, and markets 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 Infrastructure Group segment offers asphalt and wood pellet plants, and related components; asphalt pavers, screeds, milling machines, material transfer vehicles, stabilizers, and related ancillary equipment; and commercial pavers. The company's Aggregate and Mining Group segment provides aggregate processing and mining equipment; crushers, portable plants, sand classifying and washing equipment, and conveying equipment; mobile screening plants, portable and stationary structures, and vibrating screens; aggregate and ore processing equipment; rock breaking systems, processing equipment, and utility vehicles; and bulk material handling systems and minerals processing equipment. Its Energy Group segment offers thermal fluid heaters, process heaters, waste heat recovery equipment, liquid storage systems, and polymer and rubber blending systems under the HEATEC name; storage tanks, concrete plants, and rubberized asphalt and polymer blending systems; portable drilling rigs and related equipment for the water well, environmental, groundwater monitoring, construction, geothermal, mining, and shallow oil and gas exploration and production industries; high pressure diesel powered pump trailers used for fracking and cleaning oil and gas wells; drilling rigs for the oil and gas industries; and commercial and industrial burners and combustion control systems, as well as tree pulpwood chippers, biomass chippers, horizontal grinders, and blower trucks. The company sells its products through sales agents, manufacturer representatives, distributors, and dealers. Astec Industries, Inc. was founded in 1972 and is based in Chattanooga, Tennessee.

Corporate Governance

Astec Industries, Inc.’s ISS Governance QualityScore as of January 1, 2018 is 4. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 3; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.