About ASTEC
ASTEC is a company based in Binghamton (United States) founded in 1985 was acquired by Innovative Chemical Products in March 2019.. ASTEC offers products and services including ASTEC Re-Ply Roofing Systems, Wall Coatings, and Industrial Coatings. ASTEC operates in a competitive market with competitors including CRH, DuPont, The AZEK, Owens Corning and Kennametal, among others.
- Headquarter Binghamton, United States
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Sectors
Real Estate & Construction
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Email
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Phone
*********
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Website
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Social
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- Legal Name Astec Insulating Coatings Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Innovative Chemical Products
(Mar 11, 2019)
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Products & Services of ASTEC
ASTEC offers a comprehensive portfolio of products and services, including ASTEC Re-Ply Roofing Systems, Wall Coatings, and Industrial Coatings. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fluid applied systems for repairing and protecting commercial roofs.
Solutions for industrial wall protection and maintenance.
Coatings designed for various commercial and industrial surfaces.
Funding Insights of ASTEC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ASTEC
ASTEC has secured backing from 1 investor. Prominent investors backing the company include Innovative Chemical Products. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Specialty coatings, adhesives, and sealants are manufactured for construction applications.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ASTEC
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ASTEC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Astec Comparisons
Competitors of ASTEC
ASTEC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CRH, DuPont, The AZEK, Owens Corning and Kennametal, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Diversified building materials are manufactured and supplied worldwide.
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Developer of chemical products, construction & packaging materials, and water solutions
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| domain | founded_year | HQ Location |
Manufacturer of sustainable outdoor living products using recycled materials
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| domain | founded_year | HQ Location |
Manufacturer of roofing, insulation, and composite materials
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| domain | founded_year | HQ Location |
Industrial tools and equipment are supplied globally by Kennametal.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of hardware building products
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ASTEC
When was ASTEC founded?
ASTEC was founded in 1985.
Where is ASTEC located?
ASTEC is headquartered in Binghamton, United States. It is registered at Binghamton, New York, United States.
What does ASTEC do?
ASTEC was established in 1985 and is headquartered in Binghamton, United States. Operations are centered on the production of roofing and floor products within the construction materials sector. Manufacturing processes are conducted to supply various building applications. The companys online presence is maintained through the domain icc-astec.com, facilitating information access for clients and partners across the region.
Who are the top competitors of ASTEC?
ASTEC's top competitors include CRH, DuPont and Kennametal.
What products or services does ASTEC offer?
ASTEC offers ASTEC Re-Ply Roofing Systems, Wall Coatings, and Industrial Coatings.
Who are ASTEC's investors?
ASTEC has 1 investor. Key investors include Innovative Chemical Products.