Astec Industries, Inc. Announces Resignation of Jeffrey M. Schwarz, Group President Materials Solutions Segment
November 03, 2020 at 05:16 pm EST
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On October 29, 2020, Jeffrey M. Schwarz, Group President Materials Solutions segment of Astec Industries, Inc. (the "Company"), notified the Company that he intends to resign from the Company effective November 20, 2020.
Astec Industries, Inc. designs, engineers, manufactures, markets, and equipment and components used primarily in asphalt and concrete road building and related construction activities. Its Infrastructure Solutions segment designs, engineers, manufactures and markets a complete line of asphalt and concrete plants, components and ancillary equipment, and asphalt road construction equipment, industrial thermal systems, land clearing, recycling and other heavy equipment. Its Materials Solutions segment designs and manufactures heavy rock processing equipment, in addition to servicing and supplying parts for the aggregate, mining, recycling, ports and bulk handling markets. The Company's products are marketed both domestically and internationally primarily to asphalt producers; highway and heavy equipment contractors; utility contractors; sand and gravel producers; construction, demolition, recycle and crushing contractors; forestry and environmental recycling contractors, and others.
ASTEC INDUSTRIES, INC. 
