Astec Industries, Inc. Acquires Dillman Equipment, Inc.
02 10월 2008 - 6:00AM
PR Newswire (US)
CHATTANOOGA, Tenn., Oct. 1 /PRNewswire-FirstCall/ -- Astec
Industries, Inc. (NASDAQ:ASTE) today closed the previously
announced purchase of Dillman Equipment, Inc. ("Dillman"), a
manufacturer of asphalt plant equipment, headquartered in Prairie
du Chien, Wisconsin. Incorporated in 1994, Dillman is a leading
manufacturer of asphalt plant equipment. The company supplies the
asphalt industry with asphalt plant equipment that includes asphalt
storage silos, DuoDrum(TM) counterflow drum plants, cold feed
systems, recycle systems, baghouses, dust silos, air pollution
control systems, portable asphalt plants, drag slats, transfer
conveyors, plant controls, control houses, silos, asphalt storage
tanks, parts, and field services. The company will continue its
manufacturing operations in Prairie du Chien, Wisconsin as a
division of Astec, Inc. To find out more about Dillman go to
http://www.dillmanequipment.com/. Astec Industries, Inc. is a
manufacturer of specialized equipment for building and restoring
the world's infrastructure. Astec's manufacturing operations are
divided into four business segments: aggregate processing and
mining equipment; asphalt production equipment; mobile asphalt
paving equipment; and underground boring, directional drilling and
trenching equipment. Astec also has a company engaged in the wood
chipping and grinding industry. The information contained in this
press release contains "forward-looking statements" (within the
meaning of the Private Securities Litigation Reform Act of 1995)
regarding the future performance of the Company, including
statements about future performance of Dillman and improvements to
existing Dillman business operations. These forward-looking
statements reflect management's expectations and are based upon
currently available information, and the Company undertakes no
obligation to update or revise such statements. These statements
are not guarantees of performance and are inherently subject to
risks and uncertainties, many of which cannot be predicted or
anticipated. Future events and actual results, financial or
otherwise, could differ materially from those expressed in or
implied by the forward-looking statements. DATASOURCE: Astec
Industries, Inc. CONTACT: J. Don Brock, Chairman of the Board &
C.E.O., +1-423-867-4210, Fax: +1-423-867-4127, , or F. McKamy Hall,
Vice President and Chief Financial Officer, +1-423-899-5898, Fax:
+1-423-899-4456, , or Stephen C. Anderson, Director of Investor
Relations, +1-423-899-5898, Fax: +1-423-899-4456, , all of Astec
Industries, Inc. Web site: http://www.astecindustries.com/
http://www.dillmanequipment.com/
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