Interview with: Dr. J. Don Brock, Chairman, President and CEO - featuring: their specialized equipment for building and restoring the world's infrastructure, with business segments: aggregate processing and mining equipment, asphalt production equipment, mobile asphalt paving equipment, and underground boring, directional drilling and trenching equipment. |
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Astec Industries, Inc. (ASTE-NASDAQ) |
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This is a printer friendly page! Manufacturing a variety of specialized equipment for building and
restoring the world's infrastructure aimed at lowering costs for customers, Astec
Industries has the only asphalt plant that will recycle 50% asphalt and not consume any
more fuel
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“We have 13 different companies and we operate very decentralized. We build about 170 different products and a lot of them are niche products; for example rock crushers that basically make little rock out of big rock. We also build asphalt plants that take the rock and dry it, heat it up to 300 degrees, and coat it with liquid asphalt to glue it together. We build heaters that heat the asphalt, the pavers that lay it down on the road and compact it. We build milling machines that take the mix back up after it has been down for 20 or 30 years and bring it back so it can be recycled through he asphalt plants. We build machines that dig trenches, and machines that will put water lines, pipelines and other lines under rivers and under roads without interfering with the roads or the river that it goes under. Therefore, we build a wide variety of different products and generally, all of these products are made to try to reduce the cost of doing business for our customers.” - Dr. J. Don Brock |
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