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