ASTE News & Events

Astec Industries (ASTE) announced that Chad Hartley will join Astec as Group President - Infrastructure Solutions and member of the Executive Leadership Team on May 11, 2026. Hartley most recently served as President, Conveyance Solutions at Regal Rexnord (RRX), a NYSE listed global manufacturing company.

Astec trading halted, volatility trading pause

Reports Q4 revenue $400.6M vs $359M last year. "We are pleased to report strong fourth quarter and full year results evidencing our focus on consistency, profitability and growth" said Jaco van der Merwe, Chief Executive Officer. "We are optimistic about 2026 due to progress on our internal initiatives, positive customer sentiment and stability provided by federal infrastructure funding. Profitability and positive operating cash flow afford us the opportunity to fund organic and inorganic growth while remaining within our target leverage range of 1.5x to 2.5x."