Description of Astec Industries Inc's Business Segments

Astec Industries Inc. is a leading manufacturer of equipment and technology solutions primarily for the construction and infrastructure industries. The company is headquartered in Chattanooga, Tennessee, and operates through a diverse array of segments, products, and services that cater to various sectors including road construction, asphalt production, and mining. Here’s an extensive overview of the companys segments, products, services, and international operations:

Segments

Astec Industries operates through a number of key segments, including:

1. Infrastructure Solutions: This segment focuses on products designed for road construction and maintenance. This includes equipment for the production of asphalt and concrete, as well as paving, milling, and compaction machines.

2. Aggregate and Mining: Astec provides equipment for the mining and aggregate industries. This includes machinery for crushing, screening, handling, and processing materials used in construction and various other applications.

3. Energy and Emissions: This segment offers technology related to green solutions and energy efficiency. Through innovations in emissions control and energy generation, Astec aims to provide environmentally friendly products.

4. Commercial and Industrial: This encompasses products and services that serve a broader range of industries beyond just construction, including those for manufacturing and supply chain functionality.

5. Parts and Services: Astec also has a commitment to providing ongoing support through its parts and service division, which ensures customers have access to replacement parts, maintenance services, and additional support that enhance the longevity and performance of their equipment.

Products

Astec’s extensive product line includes:

- Asphalt Plants: These are crucial for the production of hot mix asphalt, used extensively in road paving. They include both batch and continuous mix plants, tailored for varying production needs.

- Paving Equipment: This includes asphalt pavers, cold planers (milling machines), and material transfer vehicles, which are essential for laying down asphalt seamlessly.

- Crushing and Screening Equipment: A selection of jaw crushers, cone crushers, and impact crushers, along with screening technologies that are integral to aggregate processing and mining.

- Concrete Plants: Equipment for both ready-mix and precast concrete production, facilitating a wide array of construction projects.

- Environmental Solutions: This includes equipment designed for emissions management and environmental sustainability, such as baghouses and other filtration systems.

Services

Astec provides numerous services to enhance customer experience and equipment efficacy:

- Maintenance and Repair: Skilled technicians assist in the maintenance and timely repairs of machinery, minimizing downtime for clients.

- Equipment Training: Astec offers training programs to help clients understand the optimal operation and maintenance of their equipment.

- Parts Supply: A robust supplier of spare parts ensures customers can quickly obtain necessary components to keep their operations running smoothly.

International Operations

Astec Industries has a significant international presence, supplying equipment to contractors and companies worldwide. The company operates in diverse geographical locations, focusing on key markets in:

- North America: Astec has a strong footprint in the U.S. and Canada, where it serves both large and small construction firms, municipalities, and government agencies.

- South America: Through strategic partnerships and direct operations, Astec engages with the growing infrastructure needs in countries like Brazil and Colombia.

- Asia-Pacific: Astecs expansion into Asia-Pacific markets has allowed it to tap into emerging economies, particularly in countries like Australia, India, and China, where infrastructure demands are substantial.

- Europe: The company also participates in European markets, adapting its products to meet the specific regulatory and operational requirements of different nations.

- Africa and the Middle East: There is a growing interest in Astec’s products within these regions, driven by large-scale construction projects and a focus on improving infrastructure.

In each of these international markets, Astec adapts its business strategy, focusing on localized customer needs and regional compliance standards. It may utilize a combination of direct sales, distributor relationships, and partnerships to enhance its market penetration and customer service capabilities.

Conclusion

Astec Industries Inc. presents a comprehensive array of products and services tailored to the construction and resource industries, balancing innovative manufacturing with client-centered services. With its international operations extending across multiple continents, the company continues to position itself as a significant player in global infrastructure development and technological advancements.

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Composition of Astec Industries Inc Revenues by Segments


United States	80.54 %	of total Revenue
United States Equipment sales	48.7 %	of total Revenue
United States Parts and component sales	26.56 %	of total Revenue
United States Service and equipment installation revenue	3.33 %	of total Revenue
United States Freight revenue	2.35 %	of total Revenue
United States Other	-0.4 %	of total Revenue
Total foreign	19.52 %	of total Revenue
Total foreign Equipment sales	11.59 %	of total Revenue
Total foreign Parts and component sales	6.21 %	of total Revenue
Total foreign Service and equipment installation revenue	0.78 %	of total Revenue
Total foreign Used equipment sales	0.68 %	of total Revenue
Total foreign Freight revenue	0.23 %	of total Revenue
Total foreign Other	0.03 %	of total Revenue
Infrastructure Solutions	61.9 %	of total Revenue
Infrastructure Solutions United States	55.67 %	of total Revenue
Infrastructure Solutions United States Equipment sales	33.53 %	of total Revenue
Infrastructure Solutions United States Parts and component sales	17.67 %	of total Revenue
Infrastructure Solutions United States Service and equipment installation revenue	2.6 %	of total Revenue
Infrastructure Solutions United States Freight revenue	1.74 %	of total Revenue
Infrastructure Solutions United States Other	0.13 %	of total Revenue
Infrastructure Solutions Total foreign	4.17 %	of total Revenue
Infrastructure Solutions Total foreign Equipment sales	2.68 %	of total Revenue
Infrastructure Solutions Total foreign Parts and component sales	1.36 %	of total Revenue
Infrastructure Solutions Total foreign Service and equipment installation revenue	0.08 %	of total Revenue
Infrastructure Solutions Total foreign Freight revenue	0.05 %	of total Revenue
Materials Solutions	40.55 %	of total Revenue
Materials Solutions United States	24.87 %	of total Revenue
Materials Solutions United States Equipment sales	15.17 %	of total Revenue
Materials Solutions United States Parts and component sales	8.89 %	of total Revenue
Materials Solutions United States Service and equipment installation revenue	0.73 %	of total Revenue
Materials Solutions United States Freight revenue	0.61 %	of total Revenue
Materials Solutions United States Other	-0.53 %	of total Revenue
Materials Solutions Total foreign	15.35 %	of total Revenue
Materials Solutions Total foreign Equipment sales	8.91 %	of total Revenue
Materials Solutions Total foreign Parts and component sales	4.85 %	of total Revenue
Materials Solutions Total foreign Service and equipment installation revenue	0.71 %	of total Revenue
Materials Solutions Total foreign Used equipment sales	0.68 %	of total Revenue
Materials Solutions Total foreign Freight revenue	0.18 %	of total Revenue
Materials Solutions Total foreign Other	0.03 %	of total Revenue
Extended Warranty Revenue	0.4 %	of total Revenue
InterEliminations	2.4 %	of total Revenue
InterEliminations Infrastructure Solutions	2.07 %	of total Revenue
InterEliminations Materials Solutions	0.33 %	of total Revenue
Reportable revenues Abstract	102.45 %	of total Revenue
Canada	6.06 %	of total Revenue
Australia	3.16 %	of total Revenue
Africa	1.79 %	of total Revenue
Brazil	1.84 %	of total Revenue
Europe	2.02 %	of total Revenue
Asia	1.44 %	of total Revenue
South America excluding Brazil	2.35 %	of total Revenue
Mexico	0.5 %	of total Revenue
Central America excluding Mexico	0.25 %	of total Revenue
Other	0.1 %	of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments	Revenues (in millions $)	% (of total Revenues)
United States	319.00	80.54 %
United States Equipment sales	192.90	48.7 %
United States Parts and component sales	105.20	26.56 %
United States Service and equipment installation revenue	13.20	3.33 %
United States Freight revenue	9.30	2.35 %
United States Other	-1.60	-0.4 %
Total foreign	77.30	19.52 %
Total foreign Equipment sales	45.90	11.59 %
Total foreign Parts and component sales	24.60	6.21 %
Total foreign Service and equipment installation revenue	3.10	0.78 %
Total foreign Used equipment sales	2.70	0.68 %
Total foreign Freight revenue	0.90	0.23 %
Total foreign Other	0.10	0.03 %
Infrastructure Solutions	245.20	61.9 %
Infrastructure Solutions United States	220.50	55.67 %
Infrastructure Solutions United States Equipment sales	132.80	33.53 %
Infrastructure Solutions United States Parts and component sales	70.00	17.67 %
Infrastructure Solutions United States Service and equipment installation revenue	10.30	2.6 %
Infrastructure Solutions United States Freight revenue	6.90	1.74 %
Infrastructure Solutions United States Other	0.50	0.13 %
Infrastructure Solutions Total foreign	16.50	4.17 %
Infrastructure Solutions Total foreign Equipment sales	10.60	2.68 %
Infrastructure Solutions Total foreign Parts and component sales	5.40	1.36 %
Infrastructure Solutions Total foreign Service and equipment installation revenue	0.30	0.08 %
Infrastructure Solutions Total foreign Freight revenue	0.20	0.05 %
Materials Solutions	160.60	40.55 %
Materials Solutions United States	98.50	24.87 %
Materials Solutions United States Equipment sales	60.10	15.17 %
Materials Solutions United States Parts and component sales	35.20	8.89 %
Materials Solutions United States Service and equipment installation revenue	2.90	0.73 %
Materials Solutions United States Freight revenue	2.40	0.61 %
Materials Solutions United States Other	-2.10	-0.53 %
Materials Solutions Total foreign	60.80	15.35 %
Materials Solutions Total foreign Equipment sales	35.30	8.91 %
Materials Solutions Total foreign Parts and component sales	19.20	4.85 %
Materials Solutions Total foreign Service and equipment installation revenue	2.80	0.71 %
Materials Solutions Total foreign Used equipment sales	2.70	0.68 %
Materials Solutions Total foreign Freight revenue	0.70	0.18 %
Materials Solutions Total foreign Other	0.10	0.03 %
Extended Warranty Revenue	1.60	0.4 %
InterEliminations	9.50	2.4 %
InterEliminations Infrastructure Solutions	8.20	2.07 %
InterEliminations Materials Solutions	1.30	0.33 %
Reportable revenues Abstract	405.80	102.45 %
Canada	24.00	6.06 %
Australia	12.50	3.16 %
Africa	7.10	1.79 %
Brazil	7.30	1.84 %
Europe	8.00	2.02 %
Asia	5.70	1.44 %
South America excluding Brazil	9.30	2.35 %
Mexico	2.00	0.5 %
Central America excluding Mexico	1.00	0.25 %
Other	0.40	0.1 %
Total	396.10	100 %

Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment	Y/Y Revenue %	Q/Q Revenue %
United States	16.51 %	-
United States Equipment sales	16.63 %	-
United States Parts and component sales	18.87 %	-
United States Service and equipment installation revenue	41.94 %	-
United States Freight revenue	6.9 %	-
United States Other	-	-
Total foreign	39.03 %	-
Total foreign Equipment sales	50.49 %	-
Total foreign Parts and component sales	15.49 %	-
Total foreign Service and equipment installation revenue	3.33 %	-
Total foreign Used equipment sales	-	-
Total foreign Freight revenue	0 %	-
Total foreign Other	-	-
Infrastructure Solutions	0.16 %	-
Infrastructure Solutions United States	-0.54 %	-
Infrastructure Solutions United States Equipment sales	-0.38 %	-
Infrastructure Solutions United States Parts and component sales	1.6 %	-
Infrastructure Solutions United States Service and equipment installation revenue	13.19 %	-
Infrastructure Solutions United States Freight revenue	-8 %	-
Infrastructure Solutions United States Other	-37.5 %	-
Infrastructure Solutions Total foreign	15.38 %	-
Infrastructure Solutions Total foreign Equipment sales	41.33 %	-
Infrastructure Solutions Total foreign Parts and component sales	-12.9 %	-
Infrastructure Solutions Total foreign Service and equipment installation revenue	0 %	-
Infrastructure Solutions Total foreign Freight revenue	-33.33 %	-
Materials Solutions	68.17 %	-
Materials Solutions United States	89.06 %	-
Materials Solutions United States Equipment sales	87.23 %	-
Materials Solutions United States Parts and component sales	79.59 %	-
Materials Solutions United States Service and equipment installation revenue	1350 %	-
Materials Solutions United States Freight revenue	100 %	-
Materials Solutions United States Other	-	-
Materials Solutions Total foreign	47.22 %	-
Materials Solutions Total foreign Equipment sales	53.48 %	-
Materials Solutions Total foreign Parts and component sales	27.15 %	-
Materials Solutions Total foreign Service and equipment installation revenue	3.7 %	-
Materials Solutions Total foreign Used equipment sales	-	-
Materials Solutions Total foreign Freight revenue	16.67 %	-
Materials Solutions Total foreign Other	-	-
Extended Warranty Revenue	14.29 %	-
InterEliminations	-12.84 %	-
InterEliminations Infrastructure Solutions	-6.82 %	-
InterEliminations Materials Solutions	-38.1 %	-
Reportable revenues Abstract	19.25 %	-
Canada	55.84 %	-
Australia	165.96 %	-
Africa	-13.41 %	-
Brazil	28.07 %	-
Europe	8.11 %	-
Asia	-16.18 %	-
South America excluding Brazil	-	-
Mexico	-37.5 %	-
Central America excluding Mexico	-	-
Other	-33.33 %	-
Total	20.25 %	-

Q1 three months ended (Mar 31 2026)
Income by Business Segments	Income (in millions $)	% (Profit Margin)
Total	1.30	0.33 %

Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment	Y/Y Income %	Q/Q Income %
Total	-90.91 %	-

Annual Report on Astec Industries Inc Divisions, Sales by Country


United States	80.14 %	of total Revenue
United States Equipment sales	51.06 %	of total Revenue
United States Parts and component sales	24.34 %	of total Revenue
United States Service and equipment installation revenue	2.52 %	of total Revenue
United States Freight revenue	2.32 %	of total Revenue
United States Other	-0.27 %	of total Revenue
Total foreign	19.87 %	of total Revenue
Infrastructure Solutions	63.35 %	of total Revenue
Infrastructure Solutions United States	56.76 %	of total Revenue
Infrastructure Solutions United States Equipment sales	36.21 %	of total Revenue
Infrastructure Solutions United States Parts and component sales	16.38 %	of total Revenue
Infrastructure Solutions United States Service and equipment installation revenue	2.01 %	of total Revenue
Infrastructure Solutions United States Freight revenue	1.82 %	of total Revenue
Infrastructure Solutions United States Other	0.18 %	of total Revenue
Materials Solutions	39.56 %	of total Revenue
Materials Solutions United States	23.38 %	of total Revenue
Materials Solutions United States Equipment sales	14.85 %	of total Revenue
Materials Solutions United States Parts and component sales	7.96 %	of total Revenue
Materials Solutions United States Service and equipment installation revenue	0.51 %	of total Revenue
Materials Solutions United States Freight revenue	0.5 %	of total Revenue
Materials Solutions United States Other	-0.45 %	of total Revenue
Reportable revenues Abstract	102.91 %	of total Revenue
Canada	4.95 %	of total Revenue
Africa	2.81 %	of total Revenue
Brazil	2.55 %	of total Revenue
South America excluding Brazil	1.57 %	of total Revenue
Mexico	0.65 %	of total Revenue
Central America excluding Mexico	0.13 %	of total Revenue
United States Used equipment sales	0.18 %	of total Revenue
Infrastructure Solutions United States Used equipment sales	0.16 %	of total Revenue
Materials Solutions United States Used equipment sales	0.01 %	of total Revenue
International	19.87 %	of total Revenue
International Equipment sales	12.24 %	of total Revenue
International Parts and component sales	6.35 %	of total Revenue
International Service and equipment installation revenue	0.97 %	of total Revenue
International Used equipment sales	0.01 %	of total Revenue
International Freight revenue	0.28 %	of total Revenue
International Other	0.01 %	of total Revenue
Infrastructure Solutions International	4.03 %	of total Revenue
Infrastructure Solutions International Equipment sales	2.78 %	of total Revenue
Infrastructure Solutions International Parts and component sales	1.11 %	of total Revenue
Infrastructure Solutions International Service and equipment installation revenue	0.06 %	of total Revenue
Infrastructure Solutions International Freight revenue	0.08 %	of total Revenue
Infrastructure Solutions International Other	0.01 %	of total Revenue
Materials Solutions International	15.83 %	of total Revenue
Materials Solutions International Equipment sales	9.46 %	of total Revenue
Materials Solutions International Parts and component sales	5.23 %	of total Revenue
Materials Solutions International Service and equipment installation revenue	0.91 %	of total Revenue
Materials Solutions International Used equipment sales	0.01 %	of total Revenue
Materials Solutions International Freight revenue	0.21 %	of total Revenue
Materials Solutions International Other	0.01 %	of total Revenue
Extended warranty revenue	0.1 %	of total Revenue
Interrevenues	2.9 %	of total Revenue
Interrevenues Infrastructure Solutions	2.55 %	of total Revenue
Interrevenues Materials Solutions	0.35 %	of total Revenue
Australia and Oceania	2.97 %	of total Revenue
Other European Countries	1.74 %	of total Revenue
Other Asian Countries	0.96 %	of total Revenue
Japan and Korea	0.51 %	of total Revenue
West Indies	0.39 %	of total Revenue
Middle East	0.26 %	of total Revenue
Post-Soviet States excluding Russia	0.21 %	of total Revenue
India	0.17 %	of total Revenue

Twelve months ended 2025
ASTE s Annual Revenue by Geography and Business Segments	Sales (in millions $)	% (of total Sales)
United States	1,130.20	80.14 %
United States Equipment sales	720.10	51.06 %
United States Parts and component sales	343.20	24.34 %
United States Service and equipment installation revenue	35.50	2.52 %
United States Freight revenue	32.70	2.32 %
United States Other	-3.80	-0.27 %
Total foreign	280.20	19.87 %
Infrastructure Solutions	893.40	63.35 %
Infrastructure Solutions United States	800.50	56.76 %
Infrastructure Solutions United States Equipment sales	510.70	36.21 %
Infrastructure Solutions United States Parts and component sales	231.00	16.38 %
Infrastructure Solutions United States Service and equipment installation revenue	28.30	2.01 %
Infrastructure Solutions United States Freight revenue	25.70	1.82 %
Infrastructure Solutions United States Other	2.50	0.18 %
Materials Solutions	557.90	39.56 %
Materials Solutions United States	329.70	23.38 %
Materials Solutions United States Equipment sales	209.40	14.85 %
Materials Solutions United States Parts and component sales	112.20	7.96 %
Materials Solutions United States Service and equipment installation revenue	7.20	0.51 %
Materials Solutions United States Freight revenue	7.00	0.5 %
Materials Solutions United States Other	-6.30	-0.45 %
Reportable revenues Abstract	1,451.30	102.91 %
Canada	69.80	4.95 %
Africa	39.60	2.81 %
Brazil	35.90	2.55 %
South America excluding Brazil	22.10	1.57 %
Mexico	9.20	0.65 %
Central America excluding Mexico	1.90	0.13 %
Total	1,410.20	100 %
United States Used equipment sales	2.50	0.18 %
Infrastructure Solutions United States Used equipment sales	2.30	0.16 %
Materials Solutions United States Used equipment sales	0.20	0.01 %
International	280.20	19.87 %
International Equipment sales	172.60	12.24 %
International Parts and component sales	89.50	6.35 %
International Service and equipment installation revenue	13.70	0.97 %
International Used equipment sales	0.20	0.01 %
International Freight revenue	4.00	0.28 %
International Other	0.20	0.01 %
Infrastructure Solutions International	56.90	4.03 %
Infrastructure Solutions International Equipment sales	39.20	2.78 %
Infrastructure Solutions International Parts and component sales	15.70	1.11 %
Infrastructure Solutions International Service and equipment installation revenue	0.80	0.06 %
Infrastructure Solutions International Freight revenue	1.10	0.08 %
Infrastructure Solutions International Other	0.10	0.01 %
Materials Solutions International	223.30	15.83 %
Materials Solutions International Equipment sales	133.40	9.46 %
Materials Solutions International Parts and component sales	73.80	5.23 %
Materials Solutions International Service and equipment installation revenue	12.90	0.91 %
Materials Solutions International Used equipment sales	0.20	0.01 %
Materials Solutions International Freight revenue	2.90	0.21 %
Materials Solutions International Other	0.10	0.01 %
Extended warranty revenue	1.40	0.1 %
Interrevenues	40.90	2.9 %
Interrevenues Infrastructure Solutions	36.00	2.55 %
Interrevenues Materials Solutions	4.90	0.35 %
Australia and Oceania	41.90	2.97 %
Other European Countries	24.60	1.74 %
Other Asian Countries	13.50	0.96 %
Japan and Korea	7.20	0.51 %
West Indies	5.50	0.39 %
Middle East	3.60	0.26 %
Post-Soviet States excluding Russia	3.00	0.21 %
India	2.40	0.17 %

Twelve months ended 2025
ASTE s Annual Income by Country and Business Segments	Income (in millions $)	% (Profit Margin)
Total	38.80	2.75 %

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments	% Y/Y Sales Growth	% Y/Y Income Growth
United States	11.31 %	-
United States Equipment sales	8.91 %	-
United States Parts and component sales	13.98 %	-
United States Service and equipment installation revenue	46.09 %	-
United States Freight revenue	11.6 %	-
United States Other	-	-
Total foreign	-3.28 %	-
Infrastructure Solutions	0.87 %	-
Infrastructure Solutions United States	2.22 %	-
Infrastructure Solutions United States Equipment sales	-0.04 %	-
Infrastructure Solutions United States Parts and component sales	4.86 %	-
Infrastructure Solutions United States Service and equipment installation revenue	20.43 %	-
Infrastructure Solutions United States Freight revenue	13.22 %	-
Infrastructure Solutions United States Other	8.7 %	-
Materials Solutions	17.53 %	-
Materials Solutions United States	41.93 %	-
Materials Solutions United States Equipment sales	39.32 %	-
Materials Solutions United States Parts and component sales	38.86 %	-
Materials Solutions United States Service and equipment installation revenue	800 %	-
Materials Solutions United States Freight revenue	6.06 %	-
Materials Solutions United States Other	-	-
Reportable revenues Abstract	6.68 %	-
Canada	3.56 %	-
Africa	-2.22 %	-
Brazil	9.12 %	-
South America excluding Brazil	24.16 %	-
Mexico	-61.34 %	-
Central America excluding Mexico	-66.07 %	-
Total	8.07 %	846.34 %
United States Used equipment sales	-26.47 %	-
Infrastructure Solutions United States Used equipment sales	-32.35 %	-
International	-3.28 %	-
International Equipment sales	-7.65 %	-
International Parts and component sales	2.76 %	-
International Service and equipment installation revenue	13.22 %	-
International Used equipment sales	-50 %	-
International Freight revenue	17.65 %	-
International Other	-	-
Infrastructure Solutions International	4.79 %	-
Infrastructure Solutions International Equipment sales	19.88 %	-
Infrastructure Solutions International Parts and component sales	-20.3 %	-
Infrastructure Solutions International Service and equipment installation revenue	-11.11 %	-
Infrastructure Solutions International Freight revenue	22.22 %	-
Infrastructure Solutions International Other	0 %	-
Materials Solutions International	-5.14 %	-
Materials Solutions International Equipment sales	-13.49 %	-
Materials Solutions International Parts and component sales	9.5 %	-
Materials Solutions International Service and equipment installation revenue	15.18 %	-
Materials Solutions International Used equipment sales	-50 %	-
Materials Solutions International Freight revenue	16 %	-
Materials Solutions International Other	-	-
Extended warranty revenue	7.69 %	-
Interrevenues	-26.04 %	-
Interrevenues Infrastructure Solutions	-25.47 %	-
Interrevenues Materials Solutions	-30 %	-
Australia and Oceania	-19.89 %	-
Other European Countries	3.8 %	-
Other Asian Countries	9.76 %	-
West Indies	44.74 %	-
Middle East	100 %	-
Post-Soviet States excluding Russia	-58.33 %	-
India	300 %	-

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