Our daily news section contains all updates related to area economic development, site selection, corporate relocation and global workforce development.
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