Sources: Astec Industries Inc., Chattanooga, Tenn.; CP staff
Astec has acquired the assets of concrete batch plant manufacturer RexCon LLC, Burlington, Wis., in a $26 million cash transaction. A key player in central mixed equipment, RexCon becomes a sister operation of Albuquerque, N.M.-based CEI Enterprises, which has built a transit mixed equipment line under the Fusion banner.
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