Altec purchases property for expansion

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Industrial Foundation says company is increasing capacity, adding jobs

By Marty Finley

Altec Industries Inc. has obtained land from the Elizabethtown-Hardin County Industrial Foundation for an expansion at its Elizabethtown facility, according to a property transfer. The amount of the transaction was listed at $150,000.

Rick Games, president of the EIF, said the company is in the process of boosting its capacity and primarily is expanding its existing facility. Games said he has been told the land purchased likely will be used for vehicle storage.

Representatives from Altec did not return calls made by The News-Enterprise on Friday seeking comment about the expansion.

Games said the expectation is the expansion would create around 65 jobs and is indicative of the atmosphere in the county with more manufacturers investing in upgrades and job growth.

Altec, which opened in 1997 off Ring Road, makes components for “bucket trucks,” manufacturing items such as aerial lifts, digger derricks and truck-mounted cranes.