Astec Industries Incorporated operates in the Construction machinery sector. Astec Industries, Inc. (Astec), incorporated in 1972, designs, engineers, manufactures and markets equipment and components used primarily in road building, utility and related construction activities, as well as other products. Astec's products are used in each phase of road building, from quarrying and crushing the aggregate to application of the road surface. The Company also manufactures certain equipment and components unrelated to road construction, including trenching, auger boring, directional drilling, gas and oil drilling rigs, industrial heat transfer equipment, whole-tree pulpwood chippers, horizontal grinders and blower trucks. It also manufactures a line of multiple use plants for cement treated base, roller compacted concrete and ready-mix concrete. Astec operates in four business segments: Asphalt Group, Aggregate and Mining Group, Mobile Asphalt Paving Group and Underground Group. In
our complete report available for purchase the company is compared to: Columbus McKinnon Corporation, Dril-Quip Inc and Graco Inc..