BNET Industries

Market Cap:$573.2M
Last Fiscal Year Sales:$973.7M
  • Public
  • US
Dow Jones Description

Astec Underground then formed a strategic alliance with Case for the sales and support of the company's well- known line of trenchers, vibratory plows and HDD products. This arrangement subsequently resulted in the purchase of Case underground utility construction products by Astec Underground. "The former Case products now are manufactured and sold under the Astec brand," says Cline. "Because American Augers and Trencor have a long-established and significant name recognition in the industry we will continue to market their brands, along with the Astec-branded product line." American Augers introduced its auger boring equipment in 1970 and its first directional drill model in 1988. The American Augers product line up features the world's largest selection of HDD models with pullback capabilities between 100,000 and 1.3 million pounds. The Trencor brand has dominated the large-trencher market for more than 50 years with high-performance rock trenchers and specialized excavation products used by contractors worldwide for a wide variety of projects.

President, Astec, Inc.
Benjamin G. Brock
Number of Employees 3,973
Contact Information

1725 Shepherd Rd

Chattanooga, Tennessee 37421

astecindustries...

(423) 899-5898

NAICS Code Construction Machinery Manufacturing: 333120

Recent Events

  • Canaccord Adams Downgrades Astec Industries ASTE to Hold; Disappointing Qtr

    10/21/09 - Bond / Stock Rating - View Story

  • Pavement bumpy ahead for Astec

    10/21/09 - Financial Announcement - View Story

  • Astec reports lower quarterly profits, revenues

    7/20/09 - Financial Announcement - View Story

  • Astec Industries Reports First Quarter Earnings

    6/09/09 - Financial Announcement - View Story

News & Analysis

astec industries inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Benjamin G. Brock President, Astec, Inc.
David L. Winters President, Carlson Paving
Frank D. Cargould President, Breaker Technology
James F. Pfeiffer President, American Augers
Jeffrey L. Richmond President, Roadtec
Joe Cline President
Lawrence R. Cumming President, Peterson Pacific
Mike Bremmer President, Cei Enterprises
Timothy D. Gonigam President, Astec Mobile Screens
F. McKamy Hall Chief Financial Officer
J. Neal Ferry Chief Operating Officer
Albert E. Guth Vice President, Admin & Secretary
Gaylord Richey Vice President Utility Sales
Joseph P. Vig President, Kpi, Group Vice President, Conagg
Richard Patek President, Telsmith & Group Vice President Agg
Thomas R. Campbell Group Vice President, Mobile and Underground
W. Norman Smith Group Vice President, Asphalt
Austin Woody Director of Marketing & Business Development
Ben Campbell Director of Manufacturing
Charles Shannon Director of After Market & Logistics
Claudio Verzilli Director of Engineering
Jamie Bouldin Director of Product Support
Paul Shelton Director, Advertising
Stephen C. Anderson Director of Investor Relations
Stephen M. Anderson Director, Investor Relations
Bob Wren District Manager, Training Coordinator, Trencher
Chris Workman Hr Manager
Dan Sharpe International Sales Manager, Astec Underground, American Augers, Trencor
Jeremy D. Lairamore District Manager
Ken Crisp District Manager, Ga, MS, La, and Al
Kwynn Kirby District Manager, South Central
David C. Silvious Corporate Controller
Rick Long Controller
Al Bender
Andrea Barnes Coordinator, Media Placement
Dennis Williams Product Specialist
Doug Moore Rockhammer Sales Specialist
Jeffrey J. Elliott Presidelnt, Jci
Jon Minerich
Linda Foreman Investor Relations Assistant
Michael E. Cox Senior Research Analyst
Mike Nameth Hdd Training, Product Specialist
Richard Wesolowski Equity Analyst
Robert F. McCarthy Jr. Senior Research Analyst
Daniel K. Frierson Director
Tom Kruger Team Member

Board of Directors

Name (plus bio) Position
Glen E. Tellock Chairman
J. Don Brock Board of Directors
Philip E. Casey Board of Directors
Phillip E. Casey Board of Directors
R. Douglas Moffat Board of Directors
Ronald F. Green Board of Directors
Ronald W. Dunmire Board of Directors
Tom Hill Board of Directors
William B. Sansom Board of Directors
William D. Gehl Board of Directors

Organization Position Status
Astec Industries, Inc. President, Astec, Inc. Current
Cei Enterprises Vice President Former
Cei Enterprises General Manager Former
Astec Industries, Inc. Salesman Former
Clemson University B.S. In Economics Former

Organization Position Status
Astec Industries, Inc. President, Carlson Paving Current
Astec Industries, Inc. Vice President Former

Organization Position Status
Astec Industries, Inc. President, Breaker Technology Current
Astec Industries, Inc. Team Member Current

Organization Position Status
Astec Industries, Inc. President, American Augers Current

Organization Position Status
Astec Industries, Inc. President, Roadtec Current

Organization Position Status
Astec Industries, Inc. President Current

Organization Position Status
Astec Industries, Inc. President, Peterson Pacific Current

Organization Position Status
Astec Industries, Inc. President, Cei Enterprises Current
Astec Industries, Inc. Vice President Former

Organization Position Status
Astec Industries, Inc. President, Astec Mobile Screens Current

Organization Position Status
Astec Industries, Inc. Chief Financial Officer Current
Astec Industries, Inc. Vice President Current
Astec Industries, Inc. Treasurer Current
The University of Tennessee Master of Business Administration Former
The University of Tennessee Undergraduate Degree In Accounting Former

Organization Position Status
Astec Industries, Inc. Chief Operating Officer Current
Astec Industries, Inc. Group Vice President, Aggregate and Mining Former
Peter Kiewit Sons', Inc. Team Member Former

Organization Position Status
Astec Industries, Inc. Vice President, Admin & Secretary Current
Astec Financial Services, Inc. President Former
Astec Industries, Inc. Board of Directors Former

Organization Position Status
Astec Industries, Inc. Vice President Utility Sales Current

Organization Position Status
Kolberg-Pioneer, Inc. President Current
Astec Industries, Inc. President, Kpi, Group Vice President, Conagg Current
Astec Industries, Inc. Director Current
Kolberg-Pioneer, Inc. Engineering Manager Former
South Dakota School of Mines & Technology B.S. Degree In Civil Engineering Former

Organization Position Status
Telsmith, Inc. President Current
Astec Industries, Inc. President, Telsmith & Group Vice President Agg Current
Astec Industries, Inc. Team Member Current
Kolberg-Pioneer, Inc. President Former
Telsmith, Inc. President of Telsmith & Aamg Group Vice President Former
Telsmith, Inc. Director of Materials Former
Milwaukee School of Engineering Graduate Former

Organization Position Status
Trencor, Inc. President Current
Astec Industries, Inc. Group Vice President, Mobile and Underground Current
Roadtec, Inc. President Former
Trencor, Inc. Vice President Former
Roadtec, Inc. Operations Manager Former

Organization Position Status
Astec Industries, Inc. Group Vice President, Asphalt Current
Astec Industries, Inc. Director Current
Astec Industries, Inc. President Former
Heatec, Inc. President Former
CMI Engineer Former

Organization Position Status
Astec Industries, Inc. Director of Marketing & Business Development Current

Organization Position Status
Astec Industries, Inc. Director of Manufacturing Current

Organization Position Status
Astec Industries, Inc. Director of After Market & Logistics Current

Organization Position Status
Astec Industries, Inc. Director of Engineering Current

Organization Position Status
Astec Industries, Inc. Director of Product Support Current

Organization Position Status
Astec Industries, Inc. Director, Advertising Current

Organization Position Status
Astec Industries, Inc. Director of Investor Relations Current
Astec Industries, Inc. Board of Directors Current
Astec Industries, Inc. Corporate Secretary Former
The University of Tennessee B.S Former

Organization Position Status
Astec Industries, Inc. Director, Investor Relations Current
Astec Industries, Inc. Director, Investor Relations Former

Organization Position Status
Astec Industries, Inc. District Manager, Training Coordinator, Trencher Current

Organization Position Status
Astec Industries, Inc. Hr Manager Current
Astec Industries, Inc. Human Resources Executive Current

Organization Position Status
Astec Industries, Inc. International Sales Manager, Astec Underground, American Augers, Trencor Current

Organization Position Status
Astec Industries, Inc. District Manager Current

Organization Position Status
Astec Industries, Inc. District Manager, Ga, MS, La, and Al Current

Organization Position Status
Astec Industries, Inc. District Manager, South Central Current

Organization Position Status
Astec Industries, Inc. Corporate Controller Current
Astec Industries, Inc. Corporate Financial Analyst Former
The University of Tennessee Masters of Business Administration Former
Tennessee Technological University Graduate Former

Organization Position Status
Astec Industries, Inc. Controller Current

Organization Position Status
Astec Industries, Inc. Current

Organization Position Status
Astec Industries, Inc. Coordinator, Media Placement Current

Organization Position Status
Astec Industries, Inc. Product Specialist Current

Organization Position Status
Astec Industries, Inc. Rockhammer Sales Specialist Current

Organization Position Status
Astec Industries, Inc. Presidelnt, Jci Current
Astec Industries, Inc. Team Member Current
Cedarapids, Inc. Senior Vice President Former

Organization Position Status
Oliver Wight Americas, Inc Principal Current
Flowserve Corporation Current
Astec Industries, Inc. Current
Bird Technologies Group Inc. Current

Organization Position Status
Astec Industries, Inc. Investor Relations Assistant Current

Organization Position Status
Astec Industries, Inc. Senior Research Analyst Current

Organization Position Status
Astec Industries, Inc. Hdd Training, Product Specialist Current

Organization Position Status
Astec Industries, Inc. Equity Analyst Current

Organization Position Status
Astec Industries, Inc. Senior Research Analyst Current

Glen E. Tellock, 47, president and chief executive officer of The Manitowoc Company since 2007. Most recently served as senior vice president of the corporation and president of Manitowoc Crane Group. Mr. Tellock also served as Manitowoc’s senior vice president and chief financial officer; vice president of finance and treasurer; corporate controller; and director of accounting. Prior to joining Manitowoc in 1991, Mr. Tellock served as financial planning manager with the Denver Post Corporation and as audit manager for Ernst and Whinney.

Organization Position Status
The Manitowoc Company, Inc. President & Chief Executive Officer Current
NYSE Group, Inc. Current
Astec Industries, Inc. Chairman Current
Manitowoc Crane Group President Former
The Manitowoc Company, Inc. Chief Financial Officer Former
The Manitowoc Company, Inc. Senior Vice President Former
Manitowoc Crane Group General Manager Former
Manitowoc Cranes President & General Manager, Cranes Group Former
The Manitowoc Company, Inc. Director of Accounting Former
Denver Post Financial Planning Manager Former
Ernst & Whinney Audit Manager Former
The Manitowoc Company, Inc. Corporate Controller Former
The Manitowoc Company, Inc. Treasurer Former

Daniel K. Frierson, age 62, became a director of LP in February 2003. Mr. Frierson has been Chairman and Chief Executive Officer of The Dixie Group, Inc., a manufacturer and distributor of high-end carpet and rugs headquartered in Chattanooga, Tennessee, for more than 15 years. He is also a director of Astec Industries, Inc.

Organization Position Status
The Dixie Group, Inc. Chief Executive Officer Current
The Dixie Group, Inc. Chairman Current
Louisiana-Pacific Corporation Board of Directors Current
Astec Industries, Inc. Director Current
The Pacific Corporation Board of Directors Current
Miller Center Board of Directors Current
Alabama Forest Owners' Association, Inc. Board of Directors Current
Alabama Forest Owners' Association, Inc. Committee Member Current

Dr. Brock has been President of the Company since its incorporation in 1972 and assumed the additional position of Chairman of the Board in 1975. He earned his Ph.D. degree in mechanical engineering from the Georgia Institute of Technology. Dr. Brock also serves as a director and a member of the Audit Committee of The Dixie Group, Inc., a public company in the floor-covering manufacturing business. Dr. Brock is the father of Benjamin G. Brock, President of Astec, Inc. and Dr. Brock and Thomas R. Campbell, Group Vice President Mobile Asphalt Paving and Underground, are first cousins.

Organization Position Status
Dr. Brock President Current
Astec Industries, Inc. Board of Directors Current
Astec Industries, Inc. Chairman, President & CEO Former
Astec Industries, Inc. Chairman & President Former
The University of Tennessee BS Degree Former

Organization Position Status
Astec Industries, Inc. Board of Directors Current

Organization Position Status
Astec Industries, Inc. Board of Directors Current

Organization Position Status
Astec Industries, Inc. Board of Directors Current

Organization Position Status
Astec Industries, Inc. Board of Directors Current
Advatech Corporation, Inc Chairman Former

Organization Position Status
Astec Industries, Inc. Board of Directors Current

Organization Position Status
Astec Industries, Inc. Board of Directors Current
Oldcastle, Inc. CEO Former
Westile, Inc. Vice President Former
Oldcastle, Inc. Vice President of Development Former
Westile, Inc. General Manager Former
Amcor Limited Financial Analyst Former
Trinity College MBA Former
Duke University Bachelor of Arts In Economics and History Former

Organization Position Status
The H.T. Hackney Company Chief Executive Officer Current
Tennessee Valley Authority Board Chairman Current
The H.T. Hackney Company Chairman Current
Tennessee Valley Authority Director Current
Astec Industries, Inc. Board of Directors Current
First Horizon National Corporation Board of Directors Current
First Horizon National Corporation Chairman of The Board and Chief Executive Officer of The H. T. Hackney Co., Knoxville, Tennessee Former
Martin Marietta Materials, Inc. Board of Directors Former

Organization Position Status
C E Attachments, Inc. Chairman & CEO Current
Gehl Company CEO Current
Gehl Company Chairman Current
Astec Industries, Inc. Board of Directors Current
FreightCar America, Inc. Board of Directors Current
West Bend Savings Bank Board of Directors Current
Gehl Company Director Current
FreightCar America, Inc. Chairman and Chief Executive Officer of Gehl Company Former
Gehl Power Products, Inc. President Former
Gehl Company President Former

Organization Position Status
Astec Industries, Inc. Team Member Current
Barloworld Ltd. Regional Managing Director Former
Astec Industries, Inc. Managing Director Former
Barloworld Ltd. Operations Director Former

Executive News

  • The Manitowoc Company to Participate in Morgan Stanley Global Industrials Unplugged...

    Reuters - 8/25/09 - View Story

  • The Manitowoc Company to Participate in Morgan Stanley Global Industrials Unplugged Conference

    PR Newswire - 8/25/09 - View Story

  • PicksThatMove: www.PicksThatMove.com: 'Picks that move' Alerts, August 14, 2009: ASTE, HDSN, ROST, RXII, DITC and CSKI.

    TMC Net - 8/14/09 - View Story

  • Astec Industries, Inc. To Present at CJS Securities Ninth Annual 'New Ideas' Summer...

    Reuters - 8/14/09 - View Story

  • Astec Industries, Inc. To Present at CJS Securities Ninth Annual 'New Ideas' Summer Conference August 18, 2009

    PR Newswire - 8/14/09 - View Story

  • Astec Industries, Inc. to Present at CanaccordAdams 29th Annual Global Growth Conference August 13, 2009

    PR Newswire - 8/10/09 - View Story

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     ASTE $25.42 -0.38 (-1.47% )
Average Volume 211,494
Shares Outstanding 22.55M
Market Cap 573.2M
Year High 33.99
Year Low 18.52
Earnings Per Share 1.21
P/E Ratio 21.01
Dividend N/A
Yield N/A
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