Altec Industries, Inc. is a privately-held company that manufacturers specialty equipment for the electric utility, telecommunications, contractor and tree care industries. In addition, the company is a federal government contractor. The company manufactures digger derricks, telescopic cranes, bucket trucks, forestry equipment, and other heavy equipment. Founded in 1929 by Lee J. Styslinger, Altec Industries, Inc. is headquartered in Birmingham, Alabama.
Overview & Corporate Organization
|Fiscal Year End:||12/31|
Altec Environmental Products
Altec Northeast, L.L.C
Global Rental Co. Inc.
Lee J. Styslinger
PrivCo Industries (Sector > Industry > Sub-Industry)
|Manufacturing & Industrial > Machinery & Tools Manufacturing > Other Machinery & Tools Manufacturing|
|Energy & Utilities (Traditional) > Utilities > Utility Services & Support|
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Charts, Financials, and Statistics (Table Format)
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|*||ALTEC Industries Inc. fiscal year end: 12/31|
Mergers & Acquisitions
|Details||Sep. 2003||Consolidated companies of Mobile Tool International, Teco and Holan||ALTEC Industries Inc.||Acquisition||Unspecified|
|Details||May. 2011||Completed||View2||View||Asset Sale||View|
|Details||Aug. 2011||Completed||View3||View||Asset Sale||View|
|1||Acquisition completed by...Read More →|
|2||Acquisition completed by...Read More →|
|3||Acquisition completed by...Read More →|
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Detailed Business Description: ALTEC Industries Inc.
Altec Industries, Inc. (Altec) provides equipment and service for electric utility, telecommunications, contractor, and tree care industries. The company is also a federal government contractor. The company manufactures digger derricks, telescopic cranes, bucket trucks, forestry equipment, and other heavy equipment. In addition to new equipment, the company also offers rental equipment and used equipment through sister subsidiaries, Global Rental Co. and National Utility Equipment Co. Altec offers financing through the Altec Capital Services subsidiary and parts and maintenance services through the Altec Supply subsidiary. Altec also offers equipment operators OSHA and ANSI compliant safety training through their Altec Sentry Program.
Altec maintains manufacturing and service facilities throughout North America and distributes to more than 100 countries around the globe. Altec works closely with its customers to develop customized equipment. Notable customers include Pacific Gas and… Continue Reading →