FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * GUTH ALBERT E   2. Issuer Name and Ticker or Trading Symbol ASTEC INDUSTRIES INC [aste] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 1725 SHEPHERD RD 3. Date of Earliest Transaction (Month/Day/Year) 03/15/2007 (Street) CHATANOOGA, TN 37421 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock               4,545.362 I by 401(k) Plan Common Stock 03/15/2007   M   6,000 A $ 29.594 26,000 D   Common Stock 03/15/2007   M   5,500 A $ 25.5 31,500 D   Common Stock 03/15/2007   M   10,000 A $ 12.969 41,500 D   Common Stock 03/15/2007   M   889 A $ 14.5 42,389 D   Common Stock 03/15/2007   S   22,389 D $ 38.024 20,000 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Phantom Stock

(1)

(1)

(1)

Common Stock

3,469.4657

3,469.4657

D

Stock Options

$ 29.594

03/15/2007

M

6,000

03/08/2000

03/08/2009

Common Stock

6,000

$ 0

31,389

D

Stock Options

$ 25.5

03/15/2007

M

5,500

03/05/2001

03/05/2010

Common Stock

5,500

$ 0

25,889

D

Stock Options

$ 12.969

03/15/2007

M

10,000

01/01/2002

01/01/2011

Common Stock

10,000

$ 0

15,889

D

Stock Options

$ 14.5

03/15/2007

M

889

01/01/2003

01/01/2012

Common Stock

889

$ 0

15,000

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
GUTH ALBERT E 1725 SHEPHERD RD CHATANOOGA, TN 37421	X

Signatures

Robert Taylor, attorney in fact for Albert Guth		03/26/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Phantom shares are held in a SERP and are payable in cash following the reporting person's termination of employment from Astec. Reporting person retired from Astec effective 12/31/06 and elected to receive the distributions from his SERP account over the next three years.

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