Astec to Bring OneASTEC Product Offering to CONEXPO

Rhea-AI Summary

Astec Industries, Inc. (NASDAQ: ASTE) will participate in CONEXPO-CON/AGG from March 14-18 in Las Vegas, showcasing its extensive product range for the infrastructure market. The exhibition will feature fully assembled concrete batch plants, immersive virtual reality experiences, and over 20 equipment models, including the new Astec digital technology solutions. CEO Jaco van der Merwe will discuss his vision, while other executives will highlight product innovations aimed at enhancing customer productivity. Key highlights include new machines, a virtual reality station for asphalt plant exploration, and several innovative equipment models.

Positive

• Astec showcases commitment to innovation with new digital technology solutions.
• Diverse product offerings position Astec as a one-stop shop for infrastructure needs.
• Introduction of a range of new machines and immersive technology enhances customer engagement.

Negative

• None.

CHATTANOOGA, Tenn., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) is returning to CONEXPO-CON/AGG, March 14-18, in Las Vegas, with its comprehensive product offering.

Astec will showcase its strength in the infrastructure market and its unique position to offer customers a one-stop shop of equipment for the asphalt, concrete, mining, quarrying, forestry, and industrial heating industries.

In the outside Diamond Lot (#D1200), Astec will have two fully assembled concrete batch plants and mixers, including a restored 1937 Rexcon mixer to highlight how far the industry has come. Inside the Central Hall (#C30235), the company will feature an immersive virtual reality experience, demos for its recently launched Astec Digital technology solutions, more than 20 machines, and equipment models.

“We’re excited to feature a variety of new and existing products that have established Astec as a global leader in equipment used to build the infrastructure that connects the world,” said Jaco van der Merwe, President and CEO of Astec Industries. “It’s also the perfect time to introduce our Astec digital product suite, a completely new technology solution for managing and optimizing our customers’ Rock to Road operations.”

Exhibition attendees and media are invited to attend a press event on Wednesday, March 15, at 8 a.m. PST.

• Astec’s new President and CEO, Jaco van der Merwe, will open the session with remarks on his first 90 days as CEO and share his vision for the future.
• Tim Averkamp, Group President, will discuss Astec's products on display, including the newest models.
• Sid Verma, Chief Technology Officer and President, Digital and Innovation, for Astec, will introduce how Astec’s digital suite of products can help companies improve productivity through plant controls, data and process intelligence, telematics, and robotics.
  

Exhibition highlights include:

• Astec’s comprehensive concrete product line, including RexCon Model S Portable Paving Batch Plant, BMH Rollmaster Reversing Drum Mixer, CON-E-CO LO PRO 327SS.
• Asphalt Plant Virtual Reality Station – NEW, immersive virtual experience with three different asphalt plant designs to explore.
• Introducing Astec Digital, a NEW, integrated technology solution for the Rock to Road value chain
• Astec DBXHR Asphalt Plant Model - Take a walk around the highly detailed 1/8 scale model of a full Double Barrel XHR asphalt plant to get a unique view of how it works.
• NEW Heatec Portable Polymer Blending System - Compact enough to fit in a shipping container or trailer so you can take polymer blending where you need it. 
• 10 roadbuilding machines, including the introduction of 3 NEW machines: Roadtec RP-175 and RP-195, as well as the RX-405 cold planer complete with a VR experience.
• An array of aggregate and mining equipment, including the re-designed 9200 fines recovery plant, the NEW PTSC2818VM portable screen, and a variety of mobile crushers and screens.
• The unveiling of a NEW Peterson horizontal grinder

Astec employees in Las Vegas will be available to connect with current and future customers. For more information about Astec’s presence, visit astecindustries.com/CONEXPO2023.

About Astec Industries

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. Materials 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 Baker
External Communications Manager
bbaker@astecindustries.com
Mobile: +1.423.315.7177

FAQ

What will Astec present at CONEXPO-CON/AGG 2023?

Astec will showcase new and existing products, including concrete batch plants, asphalt plant virtual reality stations, and Astec digital technology solutions.

When is the CONEXPO-CON/AGG event?

CONEXPO-CON/AGG will take place from March 14-18, 2023.

What is the significance of Astec's participation in the CONEXPO-CON/AGG?

Astec's presence emphasizes its leadership in infrastructure solutions and demonstrates its innovative product offerings to potential customers.

Who is the CEO of Astec Industries?

Jaco van der Merwe is the President and CEO of Astec Industries.

What innovative products will Astec unveil at the event?

Astec will unveil several new machines, including the Roadtec RP-175 and RP-195, as well as the Astec Digital technology suite.