0000792987-12-000051.txt : 20121206 0000792987-12-000051.hdr.sgml : 20121206 20121206143453 ACCESSION NUMBER: 0000792987-12-000051 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121206 ITEM INFORMATION: Other Events FILED AS OF DATE: 20121206 DATE AS OF CHANGE: 20121206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ASTEC INDUSTRIES INC CENTRAL INDEX KEY: 0000792987 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION MACHINERY & EQUIP [3531] IRS NUMBER: 620873631 STATE OF INCORPORATION: TN FISCAL YEAR END: 0723 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11595 FILM NUMBER: 121246316 BUSINESS ADDRESS: STREET 1: 1725 SHEPHERD ROAD CITY: CHATTANOOGA STATE: TN ZIP: 37421 BUSINESS PHONE: 4238995898 MAIL ADDRESS: STREET 1: 1725 SHEPHERD ROAD CITY: CHATTANOOGA STATE: TN ZIP: 37421 8-K 1 f8k-120612.htm SALE OF AMERICAN AUGERS f8k-120612.htm
UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  
Date of Report (Date of earliest event reported): November 30, 2012
 
Astec Industries, Inc.
 (Exact name of registrant as specified in its charter)
         
Tennessee
  
001-11595
  
62-0873631
(State or other jurisdiction
of incorporation)
  
(Commission File Number)
  
(IRS Employer
Identification No.)
 
1725 Shepherd Road
Chattanooga, Tennessee 37421
(Address of principal executive offices) (Zip Code)
 
Registrant’s telephone number, including area code: (423) 899-5898
 
N/A
(Former name or former address, if changed since last report)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
o
  
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  
o
  
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  
o
  
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  
o
  
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
 
 
 
Item 8.01. Other Events.

On November 30, 2012, the previously announced agreement between Astec Industries, Inc. (the “Company”) and The Charles Machine Works, Inc. (“Buyer”) regarding the sale by the Company to Buyer of all of the outstanding stock of American Augers, Inc., a subsidiary of the Company, was consummated.   The $43,577,000 purchase price relating thereto was paid in cash and is subject to normal post-closing adjustments.
 
The Company expects that the previously announced related agreement regarding its sale to Buyer of certain assets related to the Trencor large trencher product line of the Company’s subsidiary, Astec Underground, Inc., will be consummated in early December 2012.
 
 SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
Date: December 6, 2012
ASTEC INDUSTRIES, INC.
 
 
By:/s/ David C. Silvious                               
David C. Silvious                                          
Vice President and Chief Financial Officer
(Principal Financial Officer)