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
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.”
1725 Shepherd Road
Chattanooga, TN 37421
Astec Industries News
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.
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...
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...
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
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 <...