Altec Industries is a prime example of the long-term success companies can achieve in the Commonwealth,” said Secretary of Commerce and Trade Caren Merrick. “Virginia is taking strong action to create a best-in-class business environment that supports the continued growth of our corporate partners. “Creating 150 new jobs and reinvesting in the region sends a clear message to manufacturers that the Commonwealth is the right place to locate and grow, and we look forward to a continued partnership with Altec.” “Altec Industries has a well-established reputation as an outstanding corporate steward in Botetourt County, and this expansion bolsters the company’s commitment to the region and to Virginia,” said Governor Glenn Youngkin. Altec provides products and services in more than 100 countries throughout the world. is a privately held company that produces aerial devices, digger derricks, and boom truck cranes, as well as many other truck body tools used by a broad spectrum of industrial customers. The company established its Botetourt County facility in 2001 at the Botetourt Center at Greenfield. Virginia successfully competed with other states for the project, creating 150 new jobs and additional investment in the existing facility.
Altec Industries, a global industrial machinery manufacturer, will invest $1.4 million to expand the production of Altec’s construction equipment product line in Botetourt County.
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