Astec Industries, Inc. on Tuesday announced its financial results for the first quarter ended March 31.
"We are pleased to report another strong quarter in line with our plans to deliver consistency, profitability and growth," said Jaco van der Merwe, chief executive officer. "Strong operational execution delivered increases in net sales, EBITDA, net income and earnings per share.
"I am also excited to announce the signing of a definitive agreement to acquire TerraSource. TerraSource ... more