Astec

Annual Report 2010

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2010 Astec Industries, Inc. To offset the weak domestic market, we are continuing our efforts to increase international sales. Our international sales increased from $272.6 million to $294.4 million in 2010 and as a percentage of total sales were 38.2% in 2010 vs. 36.9% in 2009. Due to the continued weak dollar, the growth of our international sales force, the addition of bilingual employees in the parts and service areas, and a new sales force in the mining industry, we believe we will see continued growth in the international market for our products. We are acquiring a new facility for Astec Australia which continues to grow and sell products for most of our various companies. We continue to look for additional manufacturing acquisitions internationally and plan to expand the business model used in Australia to format our distribution into other areas of the world. Without the energy and highway bills that establish long-term direction, our customers have continued to be very cautious when committing to capital expenditures. We have certainly seen the “uncertainty principle” (don’t know, don’t spend) take effect. Regardless, we see 2011 as being an improved year over 2010 with continued slow growth. We thank each of you for your support of our company and encouragement of our management. Sincerely, Astec Industries, Inc. J. Don Brock Chairman of the Board / CEO 2010 Annual Report 3 grow invest

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