Products & Equipment Pits & Quarries
CEI announces new line of concrete plants

January 9, 2014, Albuquerque, N.M. — CEI Enterprises Inc.,
(an Astec Industries company), announced that it will begin engineering,
manufacturing and marketing a full new line of concrete production plants. The
plant line will include nine new designs of concrete plants that will include
both traditional batch plants and innovative new plant technologies.

January 9, 2014, Albuquerque, N.M. — CEI Enterprises Inc.,
(an Astec Industries company), announced that it will begin engineering,
manufacturing and marketing a full new line of concrete production plants. The
plant line will include nine new designs of concrete plants that will include
both traditional batch plants and innovative new plant technologies.

Included in the new innovative technologies will be the
Conventional Concrete, Roller Compacted Concrete (RCC), and Cement Treated Base
(CTB) plant designs that had previously been produced by Astec, Inc., (also an
Astec Industries company).

As a result of this technology transfer, Astec, Inc. is
exiting the concrete production plant business to focus on a new renewable
energy product line. This will move all concrete plant prodution equipment to
CEI.

The CEI concrete plants will feature innovative,
leading-edge technology that will bring new solutions to concrete contractors
working to build heavy civil, airport, highway and hydrodam projects. These
solutions will provide contractors with higher quality concrete at lower costs
to produce it.