Astec Industries, Inc. (ASTE)
NASDAQIndustrialsIndustrial - MachinerySnapshot 2026-09-04
NASDAQIndustrialsIndustrial - MachinerySnapshot 2026-09-04
QuarterlyIQ Insights · ASTE
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Results of Operations and Financial Condition On August 5, 2026, Astec Industries, Inc. (the "Company") reported results of operations for the three and six months ended June 30, 2026. A copy of that press release is attached as Exhibit 99.1 and is incorporated herein by reference.
Director — William E. Waltz: Mr. William E. Waltz was appointed as a new director and joined the Compensation Committee.
Results of Operations and Financial Condition On May 6, 2026, Astec Industries, Inc. (the "Company") reported results of operations for the three months ended March 31, 2026. A copy of that press release is attached as Exhibit 99.1 and is incorporated herein by reference.
Group President – Infrastructure Solutions — Chad Hartley: Chad Hartley was promoted to Group President – Infrastructure Solutions.
Results of Operations and Financial Condition On February 25, 2026, Astec Industries, Inc. (the "Company") reported results of operations for the three months and year ended December 31, 2025. A copy of that press release is attached as Exhibit 99.1 and is incorporated herein by reference.
Results of Operations and Financial Condition On November 5, 2025, Astec Industries, Inc. (the "Company") reported results of operations for the three and nine months ended September 30, 2025. A copy of that press release is attached as Exhibit 99.1 and is incorporated herein by reference.
Results of Operations and Financial Condition On August 6, 2025, Astec Industries, Inc. (the "Company") reported results of operations for the three and six months ended June 30, 2025. A copy of that press release is attached as Exhibit 99.1 and is incorporated herein by reference.
Regulation FD Disclosure. On July 1, 2025, the Company issued a press release announcing the Closing of the Acquisition. A copy of the press release is furnished as Exhibit 99.1 to this Current Report and is incorporated by reference herein. The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and will not be incorporated by referen…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information provided in
(d) Exhibits. 2.1* Membership Interest Purchase Agreement, dated April 28, 2025, by and among TerraSource Holdings, LLC, the seller parties thereto, Sellers’ Representative and Astec Industries, Inc. (incorporated herein by reference to Exhibit 2.1 to the Current Report on Form 8-K filed by Astec Industries, Inc. with the Securities and Exchange Commission on May 2, 2025). 10.1* Credit Agreement, dated as of July 1, 2025, by and among Astec Industries, Inc., as borrower, Wells Fargo Bank, Nat…
Entry Into a Material Definitive Agreement. Simultaneously with the Closing, on July 1, 2025 (the “Financing Effective Date”), the Company entered into a credit agreement (the “Credit Agreement”) that provides for (i) a revolving credit facility, a term loan facility, a swingline facility and a letter of credit facility, in an initial aggregate amount of up to $600,000,000, and (ii) an incremental facilities limit in an aggregate amount not to exceed $150,000,000 (collectively, the “Credit Fa…
Entry Into a Material Definitive Agreement. On April 28, 2025, Astec Industries, Inc. (the "Company") entered into a Membership Interest Purchase Agreement (the “Agreement”) with RLI TSG Holdings LLC, Milacron LLC and the other seller parties thereto (collectively, the “Sellers”), RLIH, LLC (the “Sellers’ Representative”) and TerraSource Holdings, LLC, a Delaware limited liability company (“TerraSource”), a market-leading manufacturer of material processing equipment and related aftermarket p…
Other Events. In connection with the Transaction, on April 28, 2025, the Company entered into a commitment letter (the "Commitment Letter") with Wells Fargo Bank, National Association, and the other lender parties thereto (collectively, the "Commitment Parties"), pursuant to which the Commitment Parties committed to provide (i) a senior secured revolving credit facility in an aggregate principal amount of $150.0 million (the “Revolving Credit Facility”) and (ii) a senior secured term loan fac…
Regulation FD Disclosure On April 29, 2025 the Company also announced that the Company has entered into a definitive agreement (the "Agreement") to acquire TerraSource Holdings, LLC ("TerraSource"), a market-leading manufacturer of material processing equipment and related aftermarket parts serving complementary crushing, screening and separation applications. Pursuant to the Agreement, on the terms and subject to the conditions therein, the Company has agreed to acquire 100% of the equity in…
Results of Operations and Financial Condition On April 29, 2025, Astec Industries, Inc. (the "Company") reported results of operations for the three months ended March 31, 2025. A copy of that press release attached as Exhibit 99.1 and is incorporated herein by reference.
Results of Operations and Financial Condition On February 26, 2025, Astec Industries, Inc. (the "Company") reported results of operations for the three months and year ended December 31, 2024. The press release attached as Exhibit 99.1 includes additional information regarding the foregoing and is incorporated herein by reference.
The filing discloses the adoption of a severance plan and the designation of participants, which is a compensatory arrangement rather than an actual departure or appointment of an executive.
Chief Accounting Officer — Jamie E. Palm: The Chief Accounting Officer resigned to pursue another opportunity, with the CFO assuming the principal accounting officer role, indicating an orderly succession without disagreement.
Results of Operations and Financial Condition On November 6, 2024, Astec Industries, Inc. (the "Company") reported results of operations for the three and nine months ended September 30, 2024. The press release attached as Exhibit 99.1 includes additional information regarding the foregoing and is incorporated herein by reference.
CFO — Brian J. Harris: The filing announces the appointment of an external candidate as CFO, replacing an interim officer, which is a standard executive succession event rather than a sudden loss of a permanent senior executive.
Results of Operations and Financial Condition On August 7, 2024, Astec Industries, Inc. (the "Company") reported results of operations for the three and six months ended June 30, 2024. The press release attached as Exhibit 99.1 includes additional information regarding the foregoing and is incorporated herein by reference.
Results of Operations and Financial Condition On May 1, 2024, Astec Industries, Inc. (the "Company") reported results of operations for the three months ended March 31, 2024. The press release attached as Exhibit 99.1 includes additional information regarding the foregoing and is incorporated herein by reference.
CFO — Rebecca A. Weyenberg: The CFO is stepping down effective immediately, but an interim successor has been appointed and the departure is explicitly stated to be unrelated to disagreements or performance issues.
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