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ASTEC INDUSTRIES DECLARES 2-FOR-1 STOCK SPLIT

 CHATTANOOGA, Tenn., July 29 /PRNewswire/ -- Astec Industries, Inc. (NASDAQ-NMS: ASTE) announced today the board of directors declared a 2-for-1 split in the common stock of the company to be effected in the form of a 100 percent share dividend to be mailed on Sept. 10.
 Astec Industries, Inc., a manufacturer of asphalt mixing plants, paving equipment, heat transfer equipment, aggregate crushing equipment, excavating and trenching equipment, asphalt recycling equipment and soil remediation equipment, is traded over-the-counter and is reported on the NASDAQ National Market System under the symbol ASTE.
 -0- 7/29/93
 /CONTACT: Albert E. Guth, senior vice president of Astec Industries, 615-867-4210/
 (ASTE)


CO: Astec Industries, Inc. ST: Tennessee IN: SU: DIV

BN-RA -- AT017 -- 7261 07/29/93 13:43 EDT
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Publication:PR Newswire
Date:Jul 29, 1993
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