Astec Completes Acquisition of TerraSource Holdings, LLC

Jaco van der Merwe, Astec President and CEO said: "We are pleased to welcome the TerraSource employees into the Astec family. Astec and TerraSource are a strong cultural fit with a shared focus on innovation, sustainability and customer-centric solutions. The addition of TerraSource adds scale, increases our global market presence in attractive end markets and adds further growth opportunities to generate enhanced shareholder value." Brian Harris, Chief Financial Officer, commented, "The addition of TerraSo ...