Astec Industries to close Telsmith factory
Telsmith crushing and screening equipment to be manufactured at other Astec locations
ASTEC Industries Inc. plan to cease all production activity at their Telsmith Inc., their crushing and screening equipment manufacturing facility in Mequon, Wisconsin, on Friday 14 August 2020, as part of their decision to close Telsmith.
The closing of Telsmith will occur in phases starting 14 August and ending 31 March 2021 when the Telsmith facility will be permanently closed.
Astec say the decision to close Telsmith was driven by the desire to simplify and focus business units. They now plan to develop product lines on a company-wide basis to maximize efficiencies within the Materials Solutions group, consolidate operations, and 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 Barry Ruffalo, president and chief executive officer of Astec Industries.
‘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.’
Telsmith product lines will continue to be developed and manufactured at other Astec locations, and customers will still be able to purchase new equipment and receive parts and service support through the Astec direct and dealer channels.
