Astec Industries Acquires MINDS Automation Group Inc.
Astec Industries, Chattanooga, announced March 23 and finalized April 1, the acquisition of MINDS Automation Group Inc. (MINDS), headquartered in British Columbia, Canada, with locations in the United States, United Kingdom, France and Belgium. The company develops customizable plant automation control systems for drum, batch, combo/hybrid hot-mix plants, emulsion plants, liquid terminals, silo load-out, ticketing and data management for the asphalt industry.
MINDS Inc. CEO Pierre Vidaillac and the leadership team will stay with Astec to support the advancement of its automation and controls technology and the overall Rock to Road™ digital platform. A spokesperson for Astec stated current MINDS customers will continue to communicate through any established channels without change as there is no plan to change the communication structure at press time.