Chattanooga-based Astec Industries a global leader in manufacturing

Staff Photo by Angela Lewis Foster / Ridgeland High School students toured Astec Industries subsidiary Astec Inc. in Chattanooga recently during a job fair.
Staff Photo by Angela Lewis Foster / Ridgeland High School students toured Astec Industries subsidiary Astec Inc. in Chattanooga recently during a job fair.
photo Staff file photo / Astec Industries logo
photo J. Don Brock

* Location: Headquarters is at 1725 Shepherd Road in Chattanooga

* History: The company was founded in 1972 by the late Dr. Don Brock with the vision to apply creative thinking and state-of-the-art technology to traditionally low-tech industries, bolstered by a corporate culture to put customer service first, according to Astec. The business is a family of companies which has become a global leader in the manufacture of equipment for asphalt road building, aggregate processing, oil, gas and water well drilling and wood processing, among others. Key subsidiaries include Astec Inc., Heatec and Roadtec.

* Products: Astec Industries manufactures more than 220 products from rock crushing and screening plants to hot mix asphalt facilities, concrete plants, water, gas and oil drilling rigs, geothermal drills, milling machines, asphalt pavers, material transfer vehicles, and wood processing equipment.

* Customers: Astec's global customer industries include highway construction, civil construction, open mine and quarry operations, oil field service, wood pellet production, forestry, oil and gas, soil remediation, and water well drilling.

* Markets: Astec Industries distributes its products around the world. For example, its asphalt paving equipment segment has 74 domestic independent distributors and 92 international independent distributors.

* Financials: Astec reported net income of $32.7 million on revenues of $983 million in 2015.

Upcoming Events