Astec Industries, Inc. operates primarily through two business segments: Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment designs and manufactures asphalt and concrete plants, pavers, milling machines, and related thermal systems used heavily in road construction. The Materials Solutions segment focuses on heavy processing equipment, including crushing, screening, and conveying machinery for the aggregate, metallic mining, and recycling industries. Founded in 1972, the company has grown from a small asphalt equipment supplier into a global manufacturer with facilities across North America, South America, Europe, Africa, and Asia. Astec maintains a strong competitive position in the North American infrastructure market, benefiting from long-term public highway and road funding programs.
