Company: ASTE
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000792987-25-000013
Chunk: 54

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1
Chunk 54
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 incidents, not only those that may be deemed material.Our CIO, supported by our Director of Cybersecurity, provides quarterly reports to the Board, which, generally includes:•Our cybersecurity risk profile;•Any changes to our cybersecurity strategy;•Status of the execution of the cybersecurity strategy; and•Summary of any material cybersecurity incidents that have occurred over the past quarter, including the nature, impact and resolution of incidents.In the event of a material cybersecurity incident, communication to the Board is provided pursuant to our cybersecurity incident response plan.

ITEM 2. PROPERTIES

As of December 31, 2024, our manufacturing, warehouse and office facilities total approximately 3.3 million square feet of space globally. We believe all properties to be well maintained and adequate for present use, with sufficient capacities for current needs as our business is presently conducted. As we continue to optimize our global footprint, we may identify properties or expansion opportunities at existing locations that provide growth opportunity or determine that certain of our current properties no longer meet our requirements. Such new properties may be leased or purchased, and current properties may be modified, sold, leased or utilized in another manner.

Our corporate headquarters are in owned offices located in Chattanooga, Tennessee. Additional administrative offices are located inside and outside the United States.

The following table lists the principal locations (defined as greater than 20,000 square feet) that are owned or leased by us, as denoted, and which are utilized in our continuing business operations:

LocationSegmentFacility Type/UseApproximate Square FeetUnited StatesChattanooga, Tennessee (1)Infrastructure SolutionsManufacturing/rebuild, offices, training center, warehouse and storage1,352,384 Yankton, South DakotaMaterials SolutionsManufacturing, warehouse and offices344,995 Eugene, OregonMaterials SolutionsManufacturing and offices140,300 Eugene, OregonInfrastructure SolutionsManufacturing and offices135,920 Blair, NebraskaInfrastructure SolutionsManufacturing and offices114,831 Burlington, WisconsinInfrastructure SolutionsManufacturing and offices112,100 Prairie du Chien, WisconsinInfrastructure SolutionsManufacturing100,336 Parsons, KansasInfrastructure SolutionsManufacturing and offices91,600 Sterling, Illinois (1)Materials SolutionsManufacturing and offices67,500 Rossville, GeorgiaInfrastructure SolutionsManufacturing40,500 Chattanooga, Tennessee (1)Corporate and OtherOffices and hangar37,006 West Columbia, South Carolina (1)Infrastructure SolutionsDistribution center20,400