Astec Celebrates 50 Years of Manufacturing Heavy Equipment that Connects the World
10 8월 2022 - 12:20AM
Astec Industries, Inc. (NASDAQ: ASTE) is celebrating 50 years of
designing and manufacturing heavy equipment used to build the
infrastructure that connects family, friends and communities.
Founded on August 9, 1972, by Dr. J. Don Brock, along with friends
Norm Smith, Al Guth, Gail Mize and Mike Uchytil, the company has
grown into a global, billion-dollar manufacturer of equipment for
road building and construction related projects.
From its humble roots, the company has become a leader in the
industry by innovating groundbreaking products to meet customer
needs.
“Dr. Brock was an inventor and entrepreneur, and under his
leadership, Astec revolutionized the industry with iconic products
like the Double Barrel Drum Asphalt Plant and the Shuttle Buggy
Material Transfer Vehicle,” said Barry Ruffalo, president and CEO
of Astec. “We carry his spirit of innovation and commitment to
customers forward as we evolve our operations to work more
efficiently and drive more value through our rock to road portfolio
of products.”
Today, Astec is a one-stop shop manufacturer of more than 100
products for asphalt roadbuilding, aggregate processing and
concrete production. The company employs more than 4,000 people
with sales and manufacturing operations located around the
world.
As part of its celebration and to honor the legacy of its
founder, Astec is committing $1 million to the Dr. J Don Brock
Astec Industries, Inc. Memorial Scholarship Endowment established
at the University of Tennessee Foundation, Inc. Awarded to children
and grandchildren of current employees, the scholarship endowment
is designed to encourage the study of science, technology,
engineering, and math (STEM).
“Dr. Brock had more than 100 patents to his name. He had a
passion for learning, but he also had a reputation for being a
great teacher,” explained Ruffalo. “I can’t think of a better way
to honor his legacy than encouraging the next generation of
innovators at Astec.”
To commemorate the milestone, company leaders rang the Nasdaq
opening bell and will hold celebrations throughout the month with
its thousands of employees worldwide.
To learn more about the history of Astec, watch the company’s
50th Anniversary Celebration video.
About Astec
Industries, Inc.
Since 1972, Astec Industries, Inc. has been
connecting communities by providing innovative rock to road
solutions for our customers. United by our purpose - Built to
Connect - Astec is a leading global manufacturer of specialized
equipment for asphalt road building, aggregate processing and
concrete production. Operations are divided into two primary
business segments. Infrastructure Solutions includes road building,
asphalt and concrete plants, thermal and storage solutions.
Material Solutions includes aggregate and other material processing
solutions.
For more information, visit astecindustries.com and connect with
us on LinkedIn, Facebook, Instagram, YouTube and Twitter.
Contact:Brian BakerExternal Communications
Managerbbaker@astecindustries.comMobile: +1.423.315.7177
Astec Industries (NASDAQ:ASTE)
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