Astec Industries, Inc. announced the acquisition of Concrete Equipment Company, Inc. (Con-e-Co), a full-line concrete batch plant manufacturer serving customers around the world. The mainstay batch plant manufacturer is an excellent addition to the Infrastructure Solutions group portfolio that includes peer operator Rexcon LLC. as well as Astec, Inc., Heatec and Power Flame. The business was acquired from Wisconsin-based Oshkosh Corp., where Con-E-Co had served since 2005.
“We are very pleased to welcome Con-e-Co to Astec,” commented Barry A. Ruffalo, Chief Executive Officer of Astec. “The addition of this well-known brand of products will strengthen our ability to serve our customers’ needs - Rock to Road. Con-e-Co is an excellent cultural fit with Astec, as they are customer focused, innovative and performance-oriented.”
Con-e-Co, headquartered in Blair, NE, engineers, manufactures and supports a complete line of portable and stationary concrete batch plants, mixers, material handling systems and dust control. Con-e-Co’s complementary brands and product lines will enable Astec to better compete in the concrete segment of the Infrastructure Solutions group while leveraging sales and purchasing across the combined organizations.