Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 12, 2016 3:59 AM ET

Machinery

Company Overview of Altec, Inc.

Company Overview

Altec, Inc. designs, manufactures, and supplies products to electric utility, telecommunications, tree care, lights and signs, and contractor markets. The company supplies new and used bucket trucks, digger derricks, cranes, telecommunication equipment, aerial devices, cable handlers, bodies, chippers, green fleet, pressure diggers, ground pole drivers, hotline insulator washers, and more. It also conducts public auction sales of equipment. In addition, the company offers various rental equipment solutions, as well as rents specialty equipment, including dump trucks, pole trailers, four drum pullers, single drum pullers, tensioners, pullers, reel carriers, and underground pullers. Further, i...

210 Inverness Center Drive

Birmingham, AL 35242

United States

Founded in 1929

Phone:

205-991-7733

Fax:

205-408-8601

Key Executives for Altec, Inc.

Chairman, Chief Executive Officer and President
Age: 54
Director of Corporate Communications
Compensation as of Fiscal Year 2015.

Altec, Inc. Key Developments

Altec Launches Two New Digger Derricks

Altec announced the release of two new digger derricks, the DT105 and the DH-H Series, which will be available as a DH45H, DH48H, and DH50H. The new digger derricks incorporate innovative technology to offer safety, productivity and operator convenience. The DT105 and DH-H Series will be available for purchase January 2016. The DT105 Digger Derrick is a hydraulically-actuated, continuous rotation, heavy-duty transmission digger derrick designed with steel load-bearing structures. The DT105 is an ideal unit for transmission maintenance and construction, but can also be used in a wide variety of applications. Design Features includes 105 foot sheave height with articulating boom tip; 60,000 pounds maximum capacity; Ability to road up to a 48 inch auger; 1,200 pound capacity steel, two man platform with radio remotes; Fiberglass fly-boom for personnel and material handling. The DH-H Series is the fully hydraulic version of new DH product family. It has the strength-to-weight ratio within Altec's digger derrick product line. It is also the only derrick to have a zone rated capacity system that will allow the operator to lift more weight off of the back than the sides when on a single axle chassis. The units available in the DH-H Series, the DH45H, DH48H, and DH50H, offer sheave height options for all uses. Design Features includes Boom capacity up to 16,050 pounds at a 10 foot load radius (depending on model); Overall unit weight and available pay load on a 33,000 GVW chassis; Zone Rating System.

Altec Announces Launch of the DRM12he Engineless Chipper

Altec announced the launch of the DRM12he engineless chipper. This 12 inch controlled-feed drum style chipper is operated with hydraulic power from the tow vehicle creating a Modular Production System (MPS), thus removing the need for a traditional engine. The absence of the engine eliminates routine repair and maintenance expenses associated with combustion style engines and offers a more efficient uptime. The MPS provides hydraulic and electrical connections from the chipper to the tow vehicle by utilizing a quick connect system that makes hooking and unhooking fast and easy. The DRM12he also provides the following features: push button start/stop; a cutting drum that stops in less than 10 seconds after power is stopped; on board diagnostics for hydraulic system oil level, temperature and filtration; and weight savings of over 1,100 pounds for a normal 12 inch drum chipper. The DRM12he is equipped with the Altec Panic Bar System and other popular features.

Altec Releases TDA58, an Insulating (Category C) Tracked Aerial Device

Altec announced the release of the TDA58, an insulating (category C) tracked aerial device, ruggedly designed and major component protected for use in the tree care, utility and construction industries. This telescopic double articulating aerial device provides 63 feet of working height and, with its slim design, can fit through a 36 inch gate. The TDA58's compact, yet rugged design makes it the ideal product for work in harsh tree care conditions, as well as residential applications. With a 36-foot side reach, the unit can operate front to back on a 20 degree slope. The quick set up time of this product gives operators the ability to begin work quickly and without interruption. Design features include: Load sense hydraulic system with pilot operated upper controls; Multiplex electric over hydraulic carrier and lower controls; Two speed proportional track; Three function ISO-Grip controller in the platform with two additional individual levers; and Hydraulically extending radial outriggers. With the combined productivity and safety of the TDA58, customers are provided the best value and benefits of a tracked, insulating aerial device available in the market.

Similar Private Companies By Industry

Company Name Region
Duke Manufacturing Co. Inc United States
RND Automation & Engineering, LLC United States
FlexMation, Inc. United States
I-STIR Technology, Inc. United States
PW Stoelting, L.L.C. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Altec, Inc., please visit www.altec.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.