Astec Industries, Inc. is a technology company founded in 1972 and headquartered in Chattanooga, Tennessee. It specializes in the design and manufacture of equipment and components used in road construction, aggregate processing, and various industrial applications, including oil and gas drilling and wood processing. The company offers a comprehensive range of products that facilitate the entire road building process, from mining and crushing materials to laying the road surface. Astec operates through two primary segments: infrastructure solutions, which generates the majority of its revenue, and materials solutions. The company primarily serves customers in the United States, including asphalt producers, highway contractors, and ready-mix concrete producers. Renowned for its commitment to customer service, Astec Industries has established itself as a global leader in its field.
TerraSource Global is a manufacturer based in Saint Louis, Missouri, specializing in equipment for material processing and handling. The company offers a diverse range of products, including size reduction equipment, screening and processing machinery, pneumatic conveyors, feeders, and storage and reclaim systems. Their equipment is designed to support various stages of material movement, crushing, and processing, catering to a broad spectrum of industrial applications. In addition to manufacturing, TerraSource Global provides expert engineering services and application-specific auxiliary equipment, ensuring that customers receive fully integrated solutions tailored to their operational requirements.
MINDS Automation Group
Acquisition in 2022
MINDS Automation Group is in plant automation control systems and cloud-based data management in the asphalt industry.
RexCon
Acquisition in 2017
RexCon is a manufacturer of high-quality stationary and portable concrete batch plants, mixers, and paving equipment designed for the construction industry. The company specializes in providing integrated turnkey production systems to contractors and producers worldwide. Their offerings include customized site layout and design engineering, concrete batching and mixing machinery, water heaters, chillers, ice production and delivery systems, material handling conveyors, power distribution equipment, cement silos, dust collection systems, and batch automation controls. By combining top-tier components with extensive industry experience, RexCon delivers superior equipment tailored to meet the diverse needs of its clients.
Power Flame
Acquisition in 2016
Power Flame Incorporated is a manufacturer specializing in combustion equipment, including gas, oil, and combination gas/oil burners, as well as combustion control systems. Its products cater to commercial, industrial, and process applications and are designed with a focus on environmental sustainability and quality. With over 50 years of experience in the industry, Power Flame is committed to delivering high-quality products and services through ongoing research and timely production. The company also offers a range of supporting equipment, such as fuel transport systems and oil pumps, to enhance its burner offerings.
Telestack
Acquisition in 2014
Telestack Limited, founded in May 1999 as a division of Loughside Engineering, is based in Co. Tyrone, Northern Ireland. The company specializes in the design, manufacture, installation, and commissioning of mobile bulk material handling systems. Its products are extensively utilized in various sectors, including coal, mining, quarry, port, and aggregate industries. Telestack focuses on providing complete in-house solutions to meet the material handling needs of its clients, ensuring efficiency and effectiveness in the movement of bulk materials.
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