ASTEC INDUSTRIES INC

Our Company designs, engineers, manufactures, markets, and services equipment and components primarily for asphalt and concrete road building and related construction activities. Its products are utilized in every phase of road building, from quarrying and crushing aggregate to applying the road surface. The company also provides industrial automation controls and telematics platforms. Additionally, it manufactures equipment and components for other sectors, including mining, quarrying, construction, demolition, land clearing, energy, hydro-electric, and recycling industries, as well as for port and rail yard operators. Other products include industrial heat transfer equipment, commercial whole-tree pulpwood chippers, horizontal grinders, blower trucks, commercial and industrial burners, and combustion control systems. Products are sold domestically and internationally to asphalt and concrete producers; highway and heavy equipment contractors; utility contractors; sand and gravel producers; construction, demolition, recycling, and crushing contractors; forestry and environmental recycling contractors; mine and quarry operators; port and inland terminal authorities; power stations; and domestic and foreign government agencies. Beyond equipment sales, the company manufactures and sells replacement parts for all its product lines and for some competitors' equipment, considering this a core part of its business.