Press Releases

Governor Glenn Youngkin Press Release: Leading Construction Equipment Company to Expand in Virginia

[“This is great news for the residents of Botetourt County,” said Congressman Ben Cline. “This significant investment to expand Altec’s operations in Virginia’s Sixth District will go a long way in creating new job opportunities and economic development. I look forward to seeing this funding positively impact the area for years to come.”]

RICHMOND, VA - Governor Glenn Youngkin today announced that 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. Virginia successfully competed with other states for the project, creating 150 new jobs and additional investment in the existing facility.

The company established its Botetourt County facility in 2001 at the Botetourt Center at Greenfield. Altec, Inc. 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. Altec provides products and services in more than 100 countries throughout the world...

“This is great news for the residents of Botetourt County,” said Congressman Ben Cline. “This significant investment to expand Altec’s operations in Virginia’s Sixth District will go a long way in creating new job opportunities and economic development. I look forward to seeing this funding positively impact the area for years to come.” Read more here.