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Astec Industries, Inc. (ASTE)

On Feb 9: 24.11 USD   0.00 (0.00%)  
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Astec Industries, Inc.
1725 Shepherd Road
Chattanooga, TN 37421
Phone: 423-899-5898
Fax: 423-899-4456
Web Site: http://www.astecindustries.com

DETAILS
Index Membership: S&P 600 SmallCap
S&P 1500 Super Comp
Sector: Industrial Goods
Industry: Farm & Construction Machinery
Employees (last reported count): 3,973

BUSINESS SUMMARY
Astec Industries, Inc. engages in the design, engineering, manufacture, and marketing of equipment and components used in road building, utility, and related construction activities. The company’s Asphalt Group segment offers asphalt plants and related components, heating and heat transfer processing equipment, and storage tanks for the asphalt paving and other non-related industries. Its Aggregate and Mining Group segment provides jaw, cone, and impact crushers, as well as vibrating feeders, inclined, and horizontal screens; aggregate processing equipment for the sand and gravel, mining, quarrying, concrete, and asphalt recycling markets; mobile screening plants, portable and stationary screen structures, and vibrating screens designed for the recycle, crushed stone, sand and gravel, industrial, and general construction industries; portable and stationary aggregate, and ore processing equipment; hydraulic rock breaker systems, and a line of four-wheel drive articulated utility vehicles for underground mines and quarries; and hydraulic breakers, compactors, and demolition attachments for the North American construction and demolition markets. The company’s Mobile Asphalt Paving Group segment offers asphalt pavers, material transfer vehicles, milling machines, and asphalt reclaiming and soil stabilizing machinery; asphalt paver screeds that attach to the asphalt paver to control the width and depth of the asphalt as it is applied to the roadbed; windrow pickup machines, which transfer hot mix asphalt from the road bed into the paver's hopper. Its Underground Group segment provides heavy-duty trenchers, and utility trenchers, vibratory plows, and compact horizontal directional drills; maxi drills and auger boring machines, and down-hole tooling; and large vertical drills for the oil and gas industry. Astec Industries offers its products through independent sales agents, distributors, and dealers. The company was founded in 1972 and is based in Chattanooga, Tennessee.
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    OFFICERS
      Pay Exercised
    Dr. J. Don Brock Ph.D., P.E., 71
    Chairman, Chief Exec. Officer, Pres and Chairman of Exec. Committee
    $ 820.00K $ 0
    Mr. F. McKamy Hall , 67
    Chief Financial Officer, Principal Accounting Officer, VP and Treasurer
    $ 303.00K $ 0
    Mr. W. Norman Smith , 70
    Director, Member of Exec. Committee and Group VP of Asphalt
    $ 370.00K $ 1.27M
    Mr. Thomas R. Campbell , 60
    Group VP of Mobile Asphalt Paving & Underground
    $ 370.00K $ 183.00K
    Mr. Joseph P. Vig , 60
    VP of AggRecon Group
    $ 297.00K $ 7.00K
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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