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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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Astec Launches Updates to RP-Series Highway Class Asphalt Pavers
CHATTANOOGA, Tenn., March 22, 2022 – Astec is pleased to announce the debut of a new, modern operator control system on all Roadtec RP-series highway class asphalt pavers.
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Astec to participate in Sidoti Virtual Conference
CHATTANOOGA, Tenn. (March 15, 2022) – Astec Industries, Inc. (Nasdaq: ASTE) announced today it will participate in the Sidoti Virtual Conference on Wednesday, March 23, 2022. Barry A. Ruffalo, President and Chief Executive Officer, Rebecca A. Weyenberg, Chief Financial Officer and Stephen C. Anderson, Senior Vice President of Investor Relations will present at the conference and participa...
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ASTEC Set to Showcase Combined Strength at World of Asphalt 2022
Astec Offers Leadership in Providing Comprehensive Rock to Road Solutions
CHATTANOOGA, Tenn., March 11, 2022 – Astec opens an exciting new chapter at the World of Asphalt 2022 as its brands are shown together as OneASTEC. Astec brands, including Astec, Roadtec, Heatec, KPI-JCI and Astec Mobile Screens, Peterson-Pacific, and Carlson Paving, will be found at booth ...
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ASTEC REPORTS FOURTH QUARTER 2021 RESULTS
Fourth Quarter 2021 Highlights (all comparisons are made to the prior year fourth quarter):
- Net Sales increased 12.1% to $267.8 million
- Gross Profit Margin of 20.1% decreased 370 bps
- Net Income decreased 159.7% to a loss of $9.2 million; Adjusted Net Income of $(0.6) million decreased 104.7% from $12.8...
- Net Sales increased 12.1% to $267.8 million
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Astec Commits 1 Million For The Dr. J Don Brock Astec Industries, Inc. Memorial Scholarship
CHATTANOOGA, Tenn., February 18, 2022 – Dr. J. Don Brock started Astec in 1972 with the vision to apply creative thinking and state-of-the-art technology to traditionally low-tech industries. In honor of his memory and our 50th anniversary, Astec is increasing the Dr. J Don Brock Astec Industries, Inc. Memorial Scholarship Endowment established at the University of Tennessee Foundation, Inc.&nb...
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Fourth Quarter and 2021 Year End Conference Call and Webcast Details
Astec Industries, Inc. will be releasing the company’s Fourth Quarter and 2021 year-end financial results to the wire service on February 28, 2022, at approximately 7:00 A.M. Eastern Time.
The live call and webcast will begin on Monday, February 28, 2022, at 8:30 A.M. Eastern Time.
Barry A. Ruffalo, President and Chief Executive Officer, Rebecca A. Weyenberg, Chief Financial Officer...
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ASTEC Announces Business Update and Fourth Quarter and Full Year 2021 Earnings Call
CHATTANOOGA, Tenn. (February 7, 2022) – Astec Industries, Inc. (Nasdaq: ASTE) today announced the following unaudited, preliminary fourth quarter 2021 performance details.
Astec Industries, Inc. (“Astec” or the “Company”) experienced strong demand and achieved record backlog in the fourth quarter of 2021 as the Company continued to serve its customers despite macro driven headwinds. Preli...
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Astec to Exhibit at Compost 2022, USCC Conference & Tradeshow
CHATTANOOGA, Tenn., January 21, 2022 – Astec, manufacturer of Peterson forestry equipment, will exhibit at Compost 2022 held January 24-27 in Austin, Texas.
The world's largest confer...
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Astec Set to Showcase its Combined Strength at World of Concrete 2022
Astec opens an exciting new chapter at the World of Concrete 2022 as its three concrete brands, RexCon, CON-E-CO and BMH Systems, will come together as Astec. The iconic brands will be found at booth #N737 at the show being held January 18-20 in Las Vegas, Nevada, USA. -
ASTEC REPORTS THIRD QUARTER 2021 RESULTS
Third Quarter 2021 Highlights (all comparisons are made to the prior year third quarter):
- Net Sales increased 15.4% to $267.0 million
- Gross Profit Margin of 23.3% increased 160 bps
- Net Income increased 481.3% to $9.3 million; Adjusted Net Income of $11.4 million increased 159.1% from $4.4 million...
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Astec Industries, Inc. (Nasdaq: ASTE) Announces the Company’s Third Quarter Conference Call November 3, 2021 at 8:30 A.M. Eastern Time
CHATTANOOGA, TN., (October 14, 2021): You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company’s Third Quarter financial results. Astec Industries, Inc. will be releasing the company’s Third Quarter financial results to the wire service on Wednesday, November 3, 2021 at approximately 7:00 A.M. Eastern Time. The live call will begin on...
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ASTEC Offers Sustainability Solution For Concrete Production Via Strategic Partnership with CarbonCure Technologies
The agreement grants ASTEC exclusive rights in the U.S. and Canada as CarbonCure's ready mix channel partner, deploying the award-winning technology that creates high-performing, low-carbon concrete.
CHATTANOOGA, Tenn., October 1, 2021) – ASTEC (NASDAQ: ASTE), has entered a strategic partnership with
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Astec Reports Second Quarter 2021 Results
Second Quarter 2021 Highlights (all comparisons are made to the prior year second quarter):
- Net Sales increased 4.8% to $278.0 million
- Gross Profit Margin of 24.1% increased 160 bps
- Net Income decreased 3.2% to $9.0 million; Adjusted Net Income of $11.2 million decreased 26.3% from $15.2 million <...
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Astec Industries, Inc. (Nasdaq: ASTE) Announces the Company’s Second Quarter Conference Call August 4, 2021 at 8:30 A.M. Eastern Time
CHATTANOOGA, TN., (July 15, 2021): You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company’s Second Quarter financial results.
Astec Industries, Inc. will be releasing the company’s Second Quarter financial results to the wire service on Wednesday, August 4, 2021 at approximately 7:00 A.M. Eastern Time.
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Astec Launches a Rebrand to Simplify the Business
The rebrand unites its subsidiary companies under the ASTEC name.
CHATTANOOGA, Tenn., May 26, 2021 – Astec Industries, Inc. (NASDAQ: ASTE) is launching a new modern look with a rebranding initiative to coincide with its business model. The rebrand includes a new logo, color palette and websi...