EXHIBIT 22
 

LIST OF SUBSIDIARIES

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

EXHIBIT 22
 
Subsidiaries of the Registrant

LIST OF SUBSIDIARIES

Name

Percentage Owned

Jurisdiction of Incorporation

American Augers, Inc.

100

Delaware

Astec, Inc.

100

Tennessee

Astec Financial Services, Inc.

100

Tennessee

Astec Holdings, Inc.

100

Tennessee

Astec Systems, Inc.

100

Tennessee

Astec Transportation, Inc.

100

Tennessee

Breaker Technology, Inc.

100

Tennessee

Breaker Technology Ltd.

100

Ontario, Canada

Carlson Paving Products, Inc.

100

Washington

CEI Enterprises, Inc.

100

Tennessee

Heatec, Inc.

100

Tennessee

Johnson Crushers International, Inc.

100

Tennessee

Kolberg-Pioneer, Inc.

100

Tennessee

Pavement Technology, Inc.

50

Georgia

Production Engineered Products, Inc.

100

Nevada

Roadtec, Inc.

100

Tennessee

Osborn Engineered Products SA (Pty) Ltd.

88

South Africa

Superior Industries of Morris, Inc.

100

Minnesota

Telsmith, Inc.

100

Delaware

Trencor, Inc.

100

Texas

 

 

 

 
 

 

EXHIBIT 23

CONSENT OF INDEPENDENT AUDITORS


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

 


EXHIBIT 23
CONSENT OF INDEPENDENT AUDITORS

 
We consent to the incorporation by reference in the Registration Statements (Forms S-8 No. 33-14738 and 0-14714) pertaining to the Astec Industries, Inc. 1986 and 1992 Stock Option Plans, and to the 1998 Long-Term Incentive Stock Plan of our report dated February 23, 2001, with respect to the consolidated financial statements and schedule of Astec Industries, Inc. included in the Annual Report (Form 10-K) for the year ended December 31, 2000.
 
 
ERNST & YOUNG LLP
 
 
 
  /s/ Ernst & Young LLP
Chattanooga, Tennessee
March 23, 2001