Astec Industries Inc - Company Profile
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Business Description
Astec Industries Inc (Astec) designs and manufactures equipment and components for road building and related construction activities. The company's products find application in each phase of road building, from quarrying and crushing the aggregate to the application of the road surface of diversified industries such as construction, mining, quarrying and demolition.
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
R&D Overview
Astec conducts research and development activities to develop new products and enhance the functionality, effectiveness, ease of use, and reliability of existing products. The company's engineering and research and development efforts are key drivers of success in the marketplace, and substantial resources are dedicated to these activities. The R&D unit of Astec is the Advanced Technologies Group. The Advanced Technologies Group develops emerging technologies, including cloud-based engineering simulation, extended reality for operator training and service support, and analytics driven by artificial intelligence and machine learning. Through academic partnerships and applied research, product development is accelerated while reducing prototype costs and advancing sustainability initiatives across the product portfolio. As of December 2025, the company holds 117 US patents and 160 foreign patents, with over 12 US and 37 foreign patent applications pending and has 83 trademarks registered in the US and 188 trademarks registered in foreign jurisdictions. It includes experts in advanced fields, such as simulation and digital twin creation, to enhance the functionality, effectiveness, ease of use, and reliability of the company's products. In FY2025, the company incurred an expense of US$26.9 million on its R&D, which grew by 13%YoY and stood at 1.9% of its total revenue.
Business Segments
Overview
Designs, engineers, manufactures and markets a complete line of asphalt plants, concrete plants and their related components and ancillary equipment, including industrial automation controls and telematics platforms, as well as asphalt road construction equipment, industrial thermal systems, land clearing, recycling and other heavy equipment. Product portfolio includes asphalt plants and related components, asphalt pavers, screeds, asphalt storage tanks, fuel storage tanks, material transfer vehicles, milling machines, pump trailers and polymer plants. Offers heaters, heat recovery units, hot oil heaters, soil remediation plants, concrete batch plants, storage equipment and related parts, concrete mixers, concrete dust control systems, concrete material handling systems, paste back-fill plants, bagging plants, custom batch plants, woodchippers and grinders, and blower trucks and trailers. Serves its products to asphalt producers, highway and heavy equipment contractors, ready mix concrete producers and construction contractors.
Performance
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Overview
Designs and manufactures heavy processing equipment. Supplies parts for the aggregate, metallic mining, recycling, ports, hydro, forestry and bulk handling markets. Product portfolio includes crushing equipment, vibrating equipment, modular relocatable stationary plants, track-mounted systems, mobile portable plants, screening equipment, conveying equipment and mineral processing equipment. Offers bulk material handling solutions and consulting and engineering services.
Performance
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Geographical Segments
- Africa
- Australia and Oceania
- Brazil
- Canada
- Central America (excluding Mexico)
- India
- Japan and Korea
- Mexico
- Middle East
- Other Asian Countries
- Other European Countries
- Post-Soviet States (excluding Russia)
- South America (excluding Brazil)
- United States
- West Indies
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
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Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
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Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
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