Altec Industries said Tuesday that it plans to invest $30 million in a 65,000-square-foot expansion at its manufacturing plant in Botetourt County.
This is the fifth time the company has expanded since it began manufacturing aerial trucks for the electric utility and telecommunications industries at its plant at Botetourt Center at Greenfield in 2001.
The latest expansion is expected to create 180 new jobs.
“We are able to grow in Virginia and in Botetourt County because this is a pro-business environment with the logistics and infrastructure to help Altec succeed,” John Herrig, the company’s general manager, said in a statement.
