Astec Industries Inc - Company Profile
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Business Description
Astec Industries Inc (Astec) designs and manufactures equipment and components for road building and related construction activities. The company's products find application in each phase of road building, from quarrying and crushing the aggregate to application of the road surface of diversified industries such as construction, mining, quarrying and demolition.
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R&D Overview
It aims to introduce new product with advanced technology embedded within it and also to improve existing products and their adaption to various climates and markets. In FY2022, the company has spent US$31.5 million on R&D activities, which grew by 18.9% and stood at 2.5% of the company’s revenue. As of December 2022, the company and its subsidiaries had 113 US and 120 foreign patents and also had 12 US and 31 foreign patent pending applications.
Business Segments
Overview
Designs and manufactures and markets components, ancillary equipment and other heavy equipment related to asphalt plants and concrete plants. Product portfolio includes asphalt plants and related components, asphalt pavers, screeds, asphalt storage tanks, fuel storage tanks, material transfer vehicles, milling machines, pump trailers and polymer plants. Also, offers heaters, heat recovery units, hot oil heaters, soil remediation plants, concrete batch plants, storage equipment and related parts, concrete mixers, concrete dust control systems, concrete material handling systems, paste back-fill plants, bagging plants, custom batch plants, woodchippers and grinders, and blower trucks and trailers. Serves asphalt producers, highway and heavy equipment contractors, ready mix concrete producers and construction contractors.
Performance
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Overview
Designs and manufactures heavy processing equipment. Supplies parts for the aggregate, metallic mining, recycling, ports and bulk handling markets. Product portfolio includes crushing equipment, vibrating equipment, modular relocatable stationary plants, track-mounted systems, mobile portable plants, screening equipment, conveying equipment and mineral processing equipment. Offers bulk material handling solutions and consulting and engineering services.
Performance
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Performance
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Geographical Segments
- Africa
- Australia and Oceania
- Brazil
- Canada
- Central America (excluding Mexico)
- China
- India
- Japan and Korea
- Mexico
- Middle East
- Other
- Other Asian Countries
- Other European Countries
- Post-Soviet States (excluding Russia)
- Russia
- South America (excluding Brazil)
- The U.S
- West Indies
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
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