Astec Industries, Inc.

Astec Industries designs, engineers, manufactures, markets, and services equipment and components used primarily in road building and related construction activities globally. The company operates in two segments: Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment offers asphalt plants, concrete batch plants, asphalt pavers, milling machines, and industrial automation controls. The Materials Solutions segment provides crushers, screens, washing plants, conveyors, and rock breaker systems. Its products are used by asphalt or concrete producers, highway and heavy equipment contractors, utility contractors, and sand and gravel producers, as well as in construction, demolition, and recycling applications.

Astec Industries is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol ASTE. Its financials are reported in US dollars (USD), as the company is headquartered in the United States. The exchange is one of the major US stock exchanges, providing liquidity and visibility for the company's shares.

Astec Industries operates in the Industrials sector and is classified under the Farm & Heavy Construction Machinery industry. This means the company is involved in manufacturing heavy equipment used in construction, infrastructure development, and related activities. Its products are essential for road building, mining, and material processing, making it a key player in the heavy machinery space.

The Infrastructure Solutions segment of Astec Industries offers a wide range of products for road building and construction. These include asphalt plants, cold central plant recycle systems, soil remediation plants, concrete batch plants, liquid asphalt terminals, thermal fluid heaters, asphalt pavers, material transfer vehicles, and milling machines. Additionally, the segment provides industrial automation controls and telematics platforms, as well as engineering and environmental permitting services. It also supplies components like polymer plants, heat recovery units, industrial and asphalt burners, wood chippers and grinders, and blower trucks and trailers.

The Materials Solutions segment of Astec Industries provides equipment for crushing, screening, washing, and material handling. Key products include jaw crushers, cone crushers, heavy-duty and mining-application crushers, horizontal and vertical shaft impactors, and various screens such as incline, multi-frequency, high frequency, horizontal, and dewatering screens. The segment also offers washing and classifying plants, fines recovery systems, water clarification systems, radial and telescoping conveyors, pugmills, truck unloaders, hopper feeders, ship loaders and unloaders, and bulk reception feeders. Additionally, it supplies rock breaker systems, hydraulic breakers, compactors, and pulverizers.