Altec to invest $5M in Triad operations, add 50 workers

Altec to invest $5M in Triad operations, add 50 workers

Altec Industries will invest $5 million on upgrades to its 205,000-square-foot facility in Surry County, where it plans to add 50 employees. The Alabama-based company, which supplies equipment and services to electric utilities and telecom providers, has received a $500,000 grant from the N.C. Rural Infrastructure Authority for the Mount Airy project that will feature new office and manufacturing space.

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