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Construction Equipment

Astec Industries acquires RexCon in $26 million cash deal

Astec Industries has bought the assets of RexCon LLC, a concrete batch plant manufacturer based in Burlington, Wisconsin, for $26 million cash. “The acquisition of RexCon reflects our stated strategy to drive focused growth, both organically and through acquisitions of strong companies, that serve the infrastructure, aggregate and mining, and energy industries,” said Astec CEO […]

October 4, 2017