Astec Industries Inc. announced it intends to close its Telsmith manufacturing facility located in Mequon, Wisconsin, on Friday, August 14. The company said the closure will occur in phases, which will be completed by March 31, 2021. It said the decision to close Telsmith was driven by the desire to simplify and focus business units and develop product lines on a company-wide basis.
“Our decision to close Telsmith was not an easy one, but we feel it is necessary for the continued growth of Astec,” President and CEO of Astec Industries Barry Ruffalo said. “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.”
The Telsmith product lines will continue to be developed and manufactured at other Astec locations. Customers will still be able to purchase new equipment and continue to be supported with parts and service through the Astec direct and dealer channels.