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ASTE Stock - Profile - Short Description

ASTEC INDUSTRIES (Stock Symbol: ASTE)

ASTE- Stock Profile


   US  Canadian 
Company Name:ASTEC INDUSTRIES
Stock Ticker (Symbol):ASTE
Traded Exchange:NASDAQ Stock Exchange
Average Traded Price:$33.76
Average Daily Traded Volume:94,100
Started to Trade on:Thursday, June 19, 1986

ASTEC INDUSTRIES Profile

Astec Industries, Inc. engages in the design, engineering, manufacture, and marketing of equipment and components used in road building, utility, and related construction activities worldwide. The company's Asphalt Group segment offers asphalt plants and related components, heating and heat transfer processing equipment, and storage tanks for the asphalt paving and other non-related industries. Its Aggregate and Mining Group segment provides jaw, cone, and impact crushers, as well as vibrating feeders, inclined, and horizontal screens; aggregate processing equipment for the sand and gravel, mining, quarrying, concrete, and asphalt recycling markets; mobile screening plants, portable and stationary screen structures, and vibrating screens designed for the recycle, crushed stone, sand and gravel, industrial, and general construction industries; portable and stationary aggregate, and ore processing equipment; hydraulic rock breaker systems, and a line of four-wheel drive articulated utility vehicles for underground mines and quarries; and hydraulic breakers, compactors, and demolition attachments for the North American construction and demolition markets. The company's Mobile Asphalt Paving Group segment offers asphalt pavers, material transfer vehicles, milling machines, and asphalt reclaiming and soil stabilizing machinery; asphalt paver screeds that attach to the asphalt paver to control the width and depth of the asphalt as it is applied to the roadbed; windrow pickup machines, which transfer hot mix asphalt from the road bed into the paver's hopper. Its Underground Group segment provides heavy-duty trenchers, and utility trenchers, vibratory plows, and compact horizontal directional drills; maxi drills and auger boring machines, and down-hole tooling; and large vertical drills for the oil and gas industry. The company offers its products through sales agents, distributors, and dealers. Astec Industries was founded in 1972 and is based in Chattanooga, Tennessee.

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