Astec

Annual Report 2014

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Heatec makes, sells and services a broad line of heaters, liquid storage tanks and related products. Key users are hot-mix asphalt (HMA) plants, asphalt terminals and emulsion terminals. Other key users include oil and gas producers, chemical producers, food producers, roofing manufacturers, power plants, etc. Heatec is heavily involved in building new asphalt storage terminals and emulsion plants. The company does major mechanical design and electrical engi- neering work for these facilities and builds much of the equipment. The company also assists in on-site installation. Heatec polymer blending systems are used at numerous terminals for making Polymer Modified Asphalt Cement. A large portion of Heatec's core production is unre- lated to asphalt. These industrial heaters are sold into a wide variety of industries including chemical manufacturing and gas and oil production. Heatec provides large convection heaters for wood pellet plants developed by Astec, Inc. 3 5 4 6 Left › Right: 1. A manufacturing facility with three TAV-35D storage tanks for wax used in building materials, 35,000 gallons each. 2. Heatec HT-30DP Helitank™ portable unit used at portable HMA plants to heat and store asphalt used in the production of hot mix asphalt. 3. An asphalt terminal designed by Heatec engineers and equipped mostly with heating and storage products built by Heatec. 4. Heatec products used at HMA plants to heat and store asphalt and other liquids used in the production of hot mix asphalt. 5. Heatec Firestream® water heater PFH-31.5. Used to heat water for hydraulic fracturing (fracking) to extract natural gas trapped within shale formations. 6. Heatec Thermecon® thermal fluid heater HCM-3010-30-S-O. Used to heat asphalt being transported in the holds of barges. 2014 ANNUAL REPORT n 9

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