Astec Industries Inc - Company Profile
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Astec Industries Inc (Astec) manufactures and sells equipment for construction, mining, quarrying and demolition markets. Diverse end markets, operational performance and focus on R&D are the company’s major strengths, even as dependence on domestic market remains a cause for concern. The Global recovery in the construction industry, strategic acquisitions and the global increase in infrastructure investment needs are likely to present new growth opportunities to the company. However, increasing manpower costs in the US, stringent regulations and rapidly changing technology could affect the company’s business performance.
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