Altec Announces Acquisition of Assets of Astoria Industries of Iowa

Altec acquires Astoria Industries of Iowa

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“Astoria has a well-established reputation for producing high quality, lightweight fiberglass service bodies, utility bodies and related products”, said Lee Styslinger, III, Chairman and CEO of Altec, Inc.

(PRWEB) September 28, 2013

Altec, Inc., announced today that its wholly-owned subsidiary, Altec Astoria, LLC, has acquired the operating assets of Astoria Industries of Iowa, Inc., located in Osceola, IA.

     “Astoria has a well-established reputation for producing high quality, lightweight fiberglass service bodies, utility bodies and related products”, said Lee Styslinger, III, Chairman and CEO of Altec, Inc. “This acquisition provides Altec with the opportunity to expand on our current steel and aluminum body solutions by offering fiberglass options to our customers. In addition, it allows us to broaden our green technology product offerings, which helps meet customers’ growing demands for sustainable fleet solutions.”

     Altec, Inc. is the holding company for the world’s leading equipment and service provider for the electric utility, telecommunications, contractor, and tree care industries. The company provides products and services in more than 100 countries throughout the world.


Contact

  • Margaret Ann Walker
    Altec Industries, Inc.
    (205) 408-8605
    Email