Astec Industries Inc - Company Profile
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Astec Industries Inc (Astec) manufactures and sells equipment for construction, mining, quarrying and demolition markets. Customer base, Revenuw growth and focus on R&D are the company’s major strengths, even as working capital deficit remains a cause for concern. Recovery in construction industry in the US, increase in infrastructure investment needs and strategic acquisitions are likely to present new growth opportunities to the company. However, increasing manpower costs in US, stringent regulations and rapidly changing technology could affect the company’s business performance.
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