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): July 7, 2016
 
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):
 
☐
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐
 
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 July 7, 2016 Astec Industries issued a press release announcing they had entered into a definitive agreement to acquire substantially all of the assets and certain liabilities of Power Flame, Inc. ("Power Flame") for $43 million.  Power Flame, based in Parsons, Kansas,  manufactures gas, oil and combination gas/oil burners and combustion control systems designed for commercial, industrial and process applications.  A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
 
Item 9.01.  Financial Statements and Exhibits
 
(d)           Exhibits
 
99.1  Press Release, dated July 7, 2016.
 
 
 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: July 7, 2016
ASTEC INDUSTRIES, INC.
 
 
By:/s/ David C. Silvious                                               
David C. Silvious
Vice President and Chief Financial Officer
(Principal Financial Officer)