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Slide #15. Astec Industries, Inc. — Telestack Ltd.
Astec Industries, Inc. (NASDAQ:ASTE)
Astec Industries, Inc. (Nasdaq:ASTE) today announced that it has completed the acquisition of Telestack Ltd.
Astec Industries designs, engineers, manufactures and markets equipment and components used primarily in road building and related construction activities, as well as other products. Co.'s segments are: the Infrastructure Group, which designs, engineers, manufactures and markets a line of asphalt plants and their related components; the Aggregate and Mining Group, which focuses on designing and manufacturing heavy processing equipment, as well as servicing and supplying parts for the aggregate, metallic mining, recycling, ports and bulk handling markets; and the Energy Group, which focuses on supplying heavy equipment used mainly in commercial, industrial and process heating applications.
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Hold (2.50 out of 4)