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

SectorIndustrials
IndustryFarm & Construction Equipment
Full Time Employees4,183

Key Executives

NameTitlePayExercisedYear Born
Mr. David C. SilviousCFO, VP & Treasurer313.09kN/A1968
Mr. Jeffrey M. SchwarzGroup Pres of Aggregate & Mining493.67kN/A1967
Mr. Jaco van der MerweGroup Pres of Infrastructure358.36kN/A1973
Mr. Barry A. RuffaloPres, CEO & DirectorN/AN/A1970
Mr. Stephen C. AndersonVP of Admin., Director of IR, Compliance Officer & Corp. Sec.N/AN/A1964
Amounts are as of December 31, 2018 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 for the road building, aggregate processing, geothermal, water, oil and gas, and wood processing industries in the United States and internationally. The company's Infrastructure Group segment provides hot-mix asphalt plants, wood pellet plants, asphalt pavers, material transfer vehicles, soil stabilizing reclaiming machinery, milling machines, paver screeds, and related ancillary equipment. This segment serves asphalt producers, highway and heavy equipment contractors, and governmental agencies. Its Aggregate and Mining Group segment offers jaw and cone crushers, horizontal and vertical shaft impactors, material handling products, roll rock crushers, stationary rockbreaker systems, vibrating equipment, conveyors, inclined products, vertical and horizontal screens, and sand classifying and washing equipment. This segment serves distributors, open mine operators, quarry operators, port and inland terminal operators, highway and heavy equipment contractors, and governmental agencies. The company's Energy Group segment offers thermal fluid heaters, process heaters, waste heat recovery equipment, liquid storage systems, and polymer and rubber blending systems; thermal fluid heaters, portable and stationary storage tanks, and rubberized asphalt and polymer blending systems; drilling rigs and related equipment; whole-tree pulpwood chippers, biomass chippers, horizontal grinders and blower trucks; commercial and industrial burners and combustion control systems; and stationary and portable, central mix and ready mix concrete batch plants, concrete mixers and concrete paving equipment. This segment serves oil and gas field operators, industrial product manufacturers, independent contractors, ready mix concrete producers, heating equipment distributors, and government agencies. The company was founded in 1972 and is based in Chattanooga, Tennessee.

Corporate Governance

Astec Industries, Inc.’s ISS Governance QualityScore as of July 29, 2019 is 4. The pillar scores are Audit: 10; Board: 4; Shareholder Rights: 4; Compensation: 3.

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.