Astec Industries, Inc. logo ASTE - Astec Industries, Inc.

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| PRICE TARGET: $36.00 DETAILS
HIGH: $36.00
LOW: $36.00
MEDIAN: $36.00
CONSENSUS: $36.00
DOWNSIDE: 25.90%

About Astec Industries, Inc. (https://www.astecindustries.com)

Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. The company operates in two segments, Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment offers asphalt plants and related components, heaters, concrete dust control systems, asphalt pavers, vaporizers, concrete material handling systems, screeds, heat recovery units, paste back-fill plants, asphalt storage tanks, hot oil heaters, bagging plants, fuel storage tanks, industrial and asphalt burners and systems, custom batch plants, material transfer vehicles, soil stabilizing-reclaiming machinery, blower trucks and trailers, milling machines, soil remediation plants, wood chippers and grinders, pump trailers, concrete batch plants, control systems, liquid terminals, storage equipment and related parts, construction and retrofits, polymer plants, and concrete mixers, as well as engineering and environmental permitting services. This segment provides its products to asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, contractors in the construction and demolition recycling markets, and governmental agencies. The Materials Solutions segment designs and manufactures crushing equipment, mobile plants, bulk material handling solutions, vibrating equipment, screening equipment, electrical control centers, modular plants and systems, conveying equipment, plant automation products, portable plants, and mineral processing equipment, as well as offers consulting and engineering services. Astec Industries, Inc. was incorporated in 1972 and is headquartered in Chattanooga, Tennessee.

Key Executives

NAME TITLE DOB SALARY
Jaco van der Merwe Chief Executive Officer, President & Director 1973 $1,786,361 USD
Brian J. Harris Chief Financial Officer 1956 $978,697 USD
Michael Norris Group President of Materials Solutions 1970 $775,243 USD
Barend Snyman Group President of Infrastructure Solutions 1974 $756,562 USD
Chad Hartley Group President of Infrastructure Solutions $756,562 USD
E. Terrell Gilbert Jr. General Counsel, Chief Compliance Officer & Corporate Secretary 1973 $633,935 USD
Stephen C. Anderson Senior Vice President of Administration & Investor Relations 1964 $410,384 USD
Aletheia D. Silcott Chief Human Resource Officer 1984
Robert Gerald Putney Vice President & Chief Accounting Officer and Business Development 1989

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