Astec

Annual Report 2012

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Industries Ser ved: Mining and Energy Astec Underground, Inc. Astec Underground, Inc. manufactures the GEFCO VR-500, a vertical rig for oil and gas drilling. The VR500 features 500,000 lbs (2.26 tonnes) of thrust and pullback force with a small jobsite footprint. The rig, powerpacks, driller's cabin, and pipe handler can be transported in only 10 loads for quick setup. The unit is easily operated by two to three crew members. The VR-500 provides optimum bit load from initial surface contact throughout the entire drilling operation. Operators can immediately start a horizontal curve after surface penetration, which allows greater access to shallow formations. The VR-500 can drill at extremely shallow depths since it uses rack and pinion thrust rather than gravity to load the drill bit. In 2012, the company introduced the Astec DP 2000 Double Pumper, a high-pressure, high-volume double fluid pumper for servicing natural gas or petroleum wells. The 1,900-horsepower unit is capable of a maximum discharge pressure of 15,000 psi and a maximum flow rate of 19.6 barrels per minute @3734 psi. It debuted to the public at the Permian Basin International Oil Show in Odessa, Texas in October, 2012. The company is exploring the development of companion products for well servicing. The company also manufactures equipment to meet the needs of customers involved in energy and mining. The Astec Surface Miner is recognized for high performance and durability in hard rock and mass excavation situations. It is useful in a number of open-cut mining, selective mining and quarry applications. It can quickly and efficiently cut haul roads and prepare sites for drill setup or building construction. A. B. A. In 2012, Astec Underground, Inc. introduced the Astec DP 2000 Double Pumper, a high-pressure high-volume double fluid pumper for cleaning and stimulating natural gas or petroleum wells. B. The double fluid pumper utilizes two 1,000-hp (745.7 kW) quintuplex pumps driven by a pair of Caterpillar C-27 turbocharged diesel engines producing 950 hp (708.4 kW) each 1,900 hp (1,416.8 kW) total. C. VR-500 vertical drilling rig operating in New Zealand. Astec Underground facility located in Loudon, Tennessee, USA 34 D. VR-500 vertical drilling rig for oil and gas. E. The pumps on the double pumper can operate in tandem or independently to ensure the ability to pump in the event of component failure or while conducting routine maintenance. F. VR-500 vertical drilling rig. Expanding Opportunities for Growth

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