Astec Industries, Inc. Overview
Pro stress-test →Astec Industries manufactures equipment for road building, asphalt and concrete plants, thermal and storage solutions through its Infrastructure Solutions segment, and aggregate processing equipment through its Materials Solutions segment. The company benefits from federal infrastructure funding and growing demand in construction and data center development.
Strategic Profile
Pro stress-test →Management is optimistic about 2026 due to progress on internal initiatives, positive customer sentiment, and stability from federal infrastructure funding. Recent acquisitions of TerraSource and CWMF collectively represent over $200 million in annual acquired revenue, positioning Astec for accelerated growth through both organic and inorganic expansion.
Competitive Landscape
Pro stress-test →Astec operates in industrial equipment manufacturing for construction and aggregates industries with competitors in asphalt/concrete plants and materials processing. The company benefits from strong road construction and aggregate markets in the United States with recurring revenue from parts and service, creating defensible market position.
Industry Context
Astec Industries, Inc. operates in Industrial Equipment Manufacturing - Construction & Aggregates.
Key facts
Headquarters: Chattanooga, Tennessee, US · Revenue: $1.41B · Market cap: $1.35B