Astec Industries has announced that it will cease all production activity at its Telsmith Inc. manufacturing facility located in Mequon, Wisconsin.
Manufacturing at the plant will end on Friday, August 14, 2020 as part of Astec’s decision to close Telsmith.
The closing of Telsmith will occur in several phases, starting August 14 and ending March 31, 2021 when the Telsmith facility will be permanently closed.
According to Astec, the decision to close Telsmith was driven by the desire to simplify and focus business units and develop product lines on a company-wide basis and to maximize efficiencies within the Materials Solutions group, consolidate operations and to become more flexible in production capabilities to meet customers’ demands.
“Our decision to close Telsmith was not an easy one, but we feel it is necessary for the continued growth of Astec,” said Astec CEO and President Barry Ruffalo.
“We are incredibly proud of the strong brand and innovative products we have built with Telsmith, and I want to assure our customers that we will continue to grow the brand.”
The Telsmith product lines will continue to be developed and manufactured at other Astec locations. As well, customers will still be able to purchase new equipment and continue to be supported with parts and service through the Astec direct and dealer channels.
Telsmith, originally Smith & Post Company, was founded more than 100 years ago to manufacture a new type of crusher for the aggregate industry.
Today, the company manufactures screens, feeders, cone, jaw and impact crushers, as well as modular, portable and track plants.
Astec Industries acquired Telsmith in 1987 from the Barber-Green company.
Astec is a manufacturer of specialized equipment for asphalt road building; aggregate processing; diversified industrial applications as well as concrete production.
The company’s manufacturing operations are divided into three primary business segments: road building, specialized industrial products and related equipment; aggregate processing and mining equipment; and equipment for the extraction and production of fuels, commercial and industrial burners, concrete production and water drilling equipment.