Daily Stock Analysis, ASTE, Astec Industries Inc, priceseries

Astec Industries, Inc. designs, engineers, manufactures and markets equipment and components used primarily in road building, utility and related construction activities as well as other products. It operates through the following segments: Infrastructure Group; Aggregae and Mining Group; Energy Group; and Corporate. The Infrastructure Group segment designs, manufactures, and sells a line of portable, stationary and relocatable hot-mix asphalt plants, wood pellet plants, asphalt pavers, material transfer vehicles, stabilizers, milling machines, paver screeds and related ancillary equipment. The Aggregate and Mining Group segment consists of a line of jaw crushers, cone crushers, horizontal shaft impactors, vertical shaft impactors, material handling, roll rock crushers and stationary rockbreaker systems, vibrating feeders and high frequency vibrating screens, conveyors, inclined, vertical and horizontal screens and sand classifying and washing equipment. The Energy Group segment offers a line of drilling rigs for the oil and gas, geothermal and water well industries, high pressure diesel pump trailers for fracking and cleaning oil and gas wells, a variety of industrial heaters to fit a broad range of applications including heating equipment for refineries, roofing material plants, chemical processing, rubber plants, oil sands and energy related processing, heat transfer processing equipment, thermal fluid storage tanks, waste heat recovery equipment, whole-tree pulpwood and biomass chippers and horizontal grinders. The Corporate segment consists of business units that do not meet the requirements for separate disclosure as an operating segment or inclusion in one of the other reporting segments. The company was founded by J. Don Brock in 1972 and is headquartered in Chattanooga, TN.

Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components primarily for the road building, aggregate processing, geothermal, water, oil and gas, and wood processing industries in the United States and internationally. Its Infrastructure Group segment offers asphalt and wood pellet plants, and related components; asphalt pavers, screeds, milling machines, material transfer vehicles, stabilizers, and related ancillary equipment; and commercial pavers. The company's Aggregate and Mining Group segment provides aggregate processing and mining equipment; crushers, portable plants, sand classifying and washing equipment, and conveying equipment; mobile screening plants, portable and stationary structures, and vibrating screens; aggregate and ore processing equipment; rock breaking systems, processing equipment, and utility vehicles; and bulk material handling systems and minerals processing equipment. Its Energy Group segment offers thermal fluid heaters, process heaters, waste heat recovery equipment, liquid storage systems, and polymer and rubber blending systems under the HEATEC name; storage tanks, concrete plants, and rubberized asphalt and polymer blending systems; portable drilling rigs and related equipment for the water well, environmental, groundwater monitoring, construction, geothermal, mining, and shallow oil and gas exploration and production industries; high pressure diesel powered pump trailers used for fracking and cleaning oil and gas wells; drilling rigs for the oil and gas industries; and commercial and industrial burners and combustion control systems, as well as tree pulpwood chippers, biomass chippers, horizontal grinders, and blower trucks. The company sells its products through sales agents, manufacturer representatives, distributors, and dealers. Astec Industries, Inc. was founded in 1972 and is based in Chattanooga, Tennessee.