Birmingham, AL, Mar. 9, 2010 --- Altec Northeast, L.L.C., a wholly-owned subsidiary of Altec, Inc., announced that it has finalized the acquisition of certain assets of Morse Manufacturing located in Sterling, MA.

“This acquisition provides Altec with a unique opportunity to offer additional choice and value to our customers in New England and the Mid-Atlantic”, said Lee Styslinger, III, President and CEO of Altec, Inc.  “Morse has a well-established reputation for producing reliable, quality products for over 125 years. They have been a leading supplier of aerial device equipment for the utility industry, and their modern final assembly plant in Massachusetts will be an excellent complement to Altec’s comprehensive network of manufacturing and service facilities located throughout the United States and Canada.”

Altec plans to continue utilizing Morse’s facility in Sterling, MA for final assembly of truck mounted aerial lifts, digger derricks, cranes and bodies for customers located in New England and Mid-Atlantic states.

Altec, Inc is the holding company for the world’s leading manufacturer of aerial lifts, digger derricks, truck-mounted cranes and specialty equipment for the electric utility, telecommunications, contractor and tree care industries.  Altec has manufacturing, sales and service facilities located throughout North America and sells and services equipment in over 100 countries.

Contact:  Mark Wegel
              Director, Corporate Communications
              Altec, Inc.
              (205) 408-8048

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