Our vision is to connect people, processes and products, advancing innovative solutions from rock to road as OneASTEC.
Welcome To Astec
Coming Together as OneASTEC
Sixteen brands, thousands of Innovative products, proven by a century of work. With unmatched strength from Rock to Road. Connection is at the heart of everything we do. We design and manufacture products used to build the infrastructure that physically connects the world, but the connections we make with people are what drive us forward. We were founded on innovation and a passion to help our customers succeed. It’s this commitment that has driven our decision to unify as one company. ASTEC. We’re simplifying the way you do business with us. We’re focusing on our customers’ success. And we’re committed to growing as a partner to the industries we serve. At ASTEC, we are Built to Connect...
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OUR BUSINESS LANDSCAPE AND MARKET PHILOSOPHY
ASTEC was founded in 1972 with the vision to apply creative thinking and state-of-the-art technology to traditionally low-tech industries, bolstered by a corporate culture renowned for putting customer service first. Based in Chattanooga, our market-leading brands have become a global leader in the manufacture of equipment from Rock to Road.
OUR CORE VALUES
- Safety
- Devotion
- Integrity
- Respect
- Innovation
OUR MISSION
Ultimately, our goal is to design and build state-of-the-art equipment which makes it possible for our customers to supply their customers with industry leading results profitably.
For our customers, we will continue to be the most innovative company in our industry offering the world’s most advanced, productive, durable and environmentally friendly products, coupled with training and education, service and support that is far beyond anything offered by our competition.
For our shareholders, we strive to deliver continuous increases in shareholder value through stable long-term growth in earnings per share. To that end, we plan to expand and enhance the scope and profitability of our core business through internal growth and strategic acquisitions.
For our employees, we aim to provide a safe and welcoming work environment where they are empowered to ask questions and make suggestions for improvements from operations to sustainability. With Safety as our first core value, we regularly invest in training, personal protective equipment, and technology to continuously improve our safety programs and “Strive for Zero Harm.”
Astec Industries News
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Astec to Showcase at Hillhead 2022 in Buxton, U.K.
CHATTANOOGA, Tenn., May 23, 2022 - Astec Industries is bolstering its established international presence by showcasing its mobile crushing and screening range at the forthcoming Hillhead exhibition. Having recently consolidated the company’s legacy brands under the Astec banner, (including Kolberg-Pioneer, Osborn Engineering, Telsmith, Johnson Crushers International and Astec Mobile Screens), A...
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Astec to participate in the Stifel 2022 Cross Sector Insight Conference
CHATTANOOGA, Tenn. (May 23, 2022) – Astec Industries, Inc. (Nasdaq: ASTE) announced today it will participate in the Stifel 2022 Cross Sector Insight Conference on Wednesday, June 8, 2022. Barry A. Ruffalo, President and Chief Executive Officer and Stephen C. Anderson, Senior Vice President of Investor Relations will present at the conference and participate in 1x1 meetings. The meetings ...
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ASTEC REPORTS FIRST QUARTER 2022 RESULTS
First Quarter 2022 Highlights (all comparisons are made to the prior year first quarter):
- Net Sales increased 2.4% to $291.2 million
- Gross Profit Margin of 22.7% decreased 130 bps
- Net Income decreased 51.8% to $4.1 million; Adjusted Net Income of $9.4 million decreased 18.3% from $11.5 million
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Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company’s First Quarter Conference Call May 4, 2022 at 8:30 A.M. Eastern Time
CHATTANOOGA, Tenn. (April 25, 2022) – You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company’s First Quarter financial results.
Astec Industries, Inc. will be releasing the company’s First Quarter financial results to the wire service on Wednesday, May 4, 2022 at approximately 7:00 A.M. Eastern Time.
The live call will begin...
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ASTEC BUILDS ON TECHNOLOGY PLATFORM WITH ACQUISITION OF MINDS AUTOMATION GROUP INC.
CHATTANOOGA, Tenn., March 23, 2022 – Astec Industries (NASDAQ: ASTE) announces entering into a definitive agreement to acquire MINDS Automation Group Inc. (MINDS), a leader in plant automation control systems and cloud-based data management in the asphalt industry. MINDS, headquartered in British Columbia, Canada, has locations in the U.S., United Kingdom, France, and Belgium. ...
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