US-based Astec Industries, Inc., has announced it has received an order for the final US$122.5 million of a multi-line pellet plant order for Highland Pellets along with a related deposit on that order and the remainder of the contracted payment on the first US$30 million pellet line order from August 2015. The Highland Pellets 600 000 tonne per annum facility at Pine Bluff, Arkansas, is expected to start commissioning before the end of this year.
– We do have an ongoing quote activity for new projects and we do believe that we will add a new large order late this year, said Ben Brock, President and CEO at a first quarter earnings call.
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