Altec Industries

What Altec Industries does

Altec Industries, Inc. is a third-generation, family-owned American manufacturer founded in 1929 and headquartered in Birmingham, Alabama, designing and producing specialized aerial devices (bucket trucks), digger derricks, boom truck cranes (40-65 ton), work truck bodies, cable handlers, tracked equipment, and Teupen spider lifts for the electric utility, telecommunications, tree care, lights and signs, contractor, oil and gas, and government markets. Its product architecture emphasizes single-source integration of body, chassis, and mounted equipment, augmented by proprietary subsystems including the JEMS 4 Series hybrid electric idle-mitigation platform (developed with ZeroRPM), LMAP load-moment and area-protection crane control, ISO-Grip single-handle aerial controller, patented EZ-Egress walk-thru insulating platform, and ProTEC corrosion-protection paint.

The company monetizes through a multi-stream model: one-time new equipment sales, aftermarket parts (Altec Supply / Altec Parts), factory-direct service across 22+ US and Canadian service centers, equipment rental via Global Rental, used equipment via Altec NUECO, financing and leasing via Altec Capital, and operator certification via the SENTRY training program. Distribution is predominantly sales-led via direct enterprise teams, government procurement channels (including Sourcewell cooperative contracts), international sales through Altec Worldwide with a strategic alliance with Shandong Taikai in China, and event-driven demand generation at CONEXPO-CON/AGG and NTEA. The company employs 5,001-10,000 people, distributes into 100+ countries, and reported no public revenue as a privately held entity.

Name

Altec Industries

Legal name

Altec Industries, Inc.

Website

https://altec.com

Company type

Private

Founded year

1929

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Altec Industries is a third-generation, family-owned US manufacturer of aerial devices, digger derricks, boom truck cranes, and work trucks serving the electric utility, telecommunications, tree care, lights and signs, contractor, and government markets. It operates a vertically integrated lifecycle ecosystem spanning manufacturing, parts, service, rental, financing, used equipment, and training.

Ownership category

akta.pro rank

Product category

Utility Equipment Manufacturing (Aerial Devices and Work Trucks)

NAICS

Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing (333924), Motor Vehicle Body and Trailer Manufacturing (33621)

SIC

Industrial Trucks, Tractors, Trailors & Stackers (3537), Construction Machinery & Equip (3531)

akta.pro primary industry

Material Handling & Industrial Lift Vehicle Manufacturing (Forklifts/Telehandlers/Reach Stackers) (IMACAFAD)

akta.pro secondary industries

Specialty Vehicle Body Manufacturing (Emergency/Military/Mobile Clinics) (IMACAGAD), Construction & Industrial Equipment Rental/Leasing (Earthmoving, Material Handling, Aerial) (TLABAHAF)

Keywords

• Aerial work platforms
• Utility truck manufacturing
• Digger derrick equipment
• Boom truck cranes
• Mobile work trucks

Headquarters

HQ city

Birmingham

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Equipment Sales: Sale of new aerial devices, digger derricks, boom truck cranes, knuckle boom cranes, work trucks, cable handlers, specialty products, and related equipment to utility, telecommunications, contractor, tree care, and lights and signs markets.
2. Parts and Supplies: Aftermarket parts sales through Altec Parts and Altec Supply store, offering hydraulics, lifting/rigging equipment, lighting, tree care accessories, pumps, repair/maintenance supplies, safety equipment, tools, and truck accessories.
3. Service and Maintenance: Fleet services, shop service, mobile service, and technical support through a nationwide network of 22+ service centers. Includes preventative maintenance inspections, repairs, and complete unit remounts.
4. Financing and Leasing: Altec Capital provides financing solutions including leases and loans for equipment purchases.
5. Rental Equipment: Global Rental subsidiary provides rental of utility equipment for customers who prefer not to purchase.
6. Training Services: SENTRY certification training and hands-on maintenance training programs for equipment operators.
7. Used Equipment: Altec NUECO specializes in used bucket trucks, digger derrick trucks, crane trucks, telecom equipment, and used parts.

Pricing tiers

Go-to-market motion2 records

Distribution channels10 records

Marketing channels6 records

Core offering

Altec Industries designs, manufactures, and services specialized mobile equipment - aerial devices (bucket trucks), digger derricks, boom truck cranes, knuckle boom cranes, work truck bodies, cable handlers, tracked equipment, and tree-care/lights-and-signs specialty products - for electric utility, telecommunications, contractor, tree care, and lights/signs customers. Beyond manufacturing, the company delivers end-to-end lifecycle support including parts, factory-direct service through 22+ centers, financing (Altec Capital), rentals (Global Rental), used equipment (Altec NUECO), and SENTRY operator certification training.

Product overview

Altec Industries is a diversified equipment and service provider offering a comprehensive portfolio of products and services for the electric utility, telecommunications, contractor, lights and signs, tree care, and related markets. The core product portfolio includes Aerial Devices (bucket trucks ranging from 29-100+ ft working heights), Digger Derricks (37-105 ft sheave heights), Boom Truck Cranes (40-65 ton capacity with up to 152 ft booms), Knuckle Boom Cranes, Work Truck Bodies (steel, aluminum, fiberglass), Cable Handlers, and Specialty Products. The company also offers the Teupen Backyard Lifts line of compact spider lifts for tree care applications, and Tracked Equipment variants for off-road access. Key add-on modules and technologies include the Green Fleet JEMS (Jobsite Energy Management System) for vehicle electrification and idle mitigation, the EZ-Egress insulating platform with walk-thru door, the IJ26 insulating personnel jib for live-line work, and the LMAP load moment protection system. The company operates through several subsidiaries including Altec NUECO (used equipment), Global Rental (rental services), Altec Capital (financing), Altec Supply (parts and tools), Altec AIR (compressed air treatment), and Altec Worldwide (international sales). A nationwide network of 22+ service centers provides factory-direct maintenance, repair, and training services including SENTRY certification programs.

Differentiator

Problem solved

Functional benefit

Brands

• Altec NUECO: Specializes in used bucket trucks, digger derrick trucks, crane trucks, used telecom equipment and parts.
• Altec Capital
• Altec Supply
• Global Rental
• Altec Teupen
• Altec Green Fleet (JEMS)
• Altec AIR
• Altec Connect
• EZ-Egress

Products and services

• Aerial Devices (Bucket Trucks) Insulated and non-insulated aerial work platforms for electric utility, telecom, and tree care applications, ranging from 29-foot to 100-foot working heights.
• Digger Derricks Heavy-duty equipment for digging holes and lifting utility poles, with sheave heights from 37 to 105 feet and capacities from 2,850 to 60,000 pounds.
• Boom Truck Cranes Telescopic boom truck-mounted cranes ranging from 40-ton to 65-ton capacity with boom lengths up to 152 feet.
• Knuckle Boom Cranes Articulating cranes for material handling applications across various industries.
• Work Trucks (Bodies) Utility and service truck bodies in steel, aluminum, and fiberglass with various configurations for tool storage and equipment mounting.
• Cable Handlers Equipment for placing and handling cable during telecommunications and utility installations.
• Teupen Backyard Lifts Compact spider lifts designed for tree care and tight access applications, featuring articulating and telescopic booms for challenging terrain.
• Tracked Equipment Cranes and derricks mounted on track carriers for off-road and hard-to-reach jobsite applications.
• Specialty Products Customized equipment solutions for specific industry applications including underground support, fiber optic splicing, and natural gas operations.
• Green Fleet (JEMS) Jobsite Energy Management System Hybrid electric system for utility work trucks providing significant reductions in carbon footprint, enhanced engine life, and reduced engine maintenance by automatically eliminating unneeded idle time. Features lithium-ion energy, engine-off cab heating and cooling, and electrified PTO (ePTO) for hydraulic power.
• Altec NUECO (Used Equipment) Used equipment division specializing in pre-owned bucket trucks, digger derricks, crane trucks, and telecom equipment with parts and service support.
• Global Rental Equipment Equipment rental subsidiary providing utility equipment for rent or purchase with 24/7 service support through partnership with Repair Central.
• Altec Capital Financing Financing services including leases and loans for equipment acquisition.
• Altec Supply Store Parts and tools store offering hydraulics, lifting equipment, lighting, outdoor/tree care tools, pumps, safety equipment, and accessories from brands including Milwaukee, Greenlee, and Klein Tools.
• Altec AIR Compressed Air Treatment Compressed air treatment products including desiccant and refrigerated air dryers from 50 to 3,000 SCFM for removing water vapor and contaminant gases.
• Altec Worldwide (International Sales and Service) International sales and service operations with presence in Canada, China, Australia, and over 100 countries worldwide.
• Altec Service Center Network Factory-direct service network with 22+ service centers throughout the US and Canada offering repair, maintenance, mobile service, and preventive maintenance inspections.
• SENTRY Certification Training Safety and certification training programs including hands-on maintenance training and simulation-based training for equipment operators.
• Government Sales (Federal, State, Municipal) Procurement options for federal, state, and municipal government entities including Sourcewell cooperative contracts.

Quantifiable outcome

• JEMS 4 Series provides significant reductions in carbon footprint, enhances engine life, and reduces engine maintenance by automatically eliminating unneeded idle time
• +3 more outcomes

Named customers2 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature7 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• JJ KaneminorGTM or Marketing Partner · 24 January 2026Partner for equipment disposition services. Altec highlighted end-to-end customer support offerings including equipment disposition through JJ Kane at CONEXPO-CON/AGG 2026.
• LineWise Utility ProductscoreStrategic or Co-development Partner · 1 January 2023Partnership with LineWise Utility Products, a division of Diversified Product Development. LineWise designs and manufactures job-specific equipment for live phase handling in transmission power line maintenance. Partnership addresses grid and energy constraints requiring operators to stay online during maintenance.
• Altec AIR (formerly Puregas)minorOthers · 1 August 2019Subsidiary of Altec Industries since 2003. Puregas changed name to Altec AIR, LLC effective August 1, 2019. Based in Broomfield, Colorado, manufacturing air dryers and compressed air treatment systems.
• Shandong Taikai High-Volt Switchgear Co., Ltd. (Taikai)coreStrategic or Co-development Partner · 13 November 2018Strategic alliance agreement to provide advanced equipment solutions to the electrical power industry in China. Altec and Taikai provide customers with a comprehensive service network and enhanced training facility with equipment for power line maintenance and live line work requirements. Taikai is recognized as an innovative leader in developing electrical equipment in China.
• Global Rental CompanycoreOthers · 1 June 2016Subsidiary of Altec, Inc. Industry leader in providing the most complete line of utility equipment for rent or purchase. Committed to excellence and total customer satisfaction in equipment rental.
• Altec NUECOcoreOthers · 1 June 2016Subsidiary specializing in used bucket trucks, used digger derrick trucks, used crane trucks, used telecom equipment and used parts. Maintains own inventory, parts, and locations.
• Repair CentralcoreImplementation/ SI/ Consulting Partner · 4 May 2015Global Rental partnership with Repair Central for vehicle service needs. Beginning May 4, 2015, Repair Central handles all service work requests for Global Rental customers on both hydraulic and chassis repairs. Provides 24x7 coverage, 365 days a year, leveraging a nationwide network of experienced technicians.

Scale indicators7 records

Recent moves13 records

Expansion highlights6 records

Broad incumbents

• JLG Industries (Oshkosh): JLG, an Oshkosh Corporation subsidiary, is a global leader in aerial work platforms and telehandlers. While JLG focuses more on construction-access applications than utility specialty work, it competes in adjacent aerial lift categories and benefits from broader commercial channels.
• Manitowoc Company: Manitowoc manufactures mobile cranes, boom trucks, and lifting equipment through brands including National Crane, which directly competes with Altec's boom truck crane portfolio. A broad incumbent with greater global scale and broader crane market exposure.
• Oshkosh Corporation: Oshkosh is a diversified specialty vehicle manufacturer that includes JLG Industries (aerial work platforms) and other utility-focused brands. Competes with Altec in aerial work platforms and specialty vehicles while also serving defense, refuse, and fire markets with significantly larger scale.
• Tadano Group: Tadano is a Japanese global manufacturer of hydraulic cranes including boom truck cranes and all-terrain cranes. Comparable as a broad incumbent in mobile and boom truck crane categories where Altec competes, with broader geographic and product diversification.
• Terex Corporation: Terex is a diversified global manufacturer of aerial work platforms (Genie), boom trucks, and materials processing equipment. Comparable as a broad incumbent offering overlapping aerial lift and boom truck crane product lines, though Terex serves broader markets including construction rather than specializing in utility/telecom like Altec.

Direct peers

• Elliott Equipment Company: Elliott is a manufacturer of aerial work platforms, digger derricks, and truck-mounted cranes specifically serving electric utility, telecommunications, and tree care customers. Direct peer competing head-to-head with Altec in utility-focused aerial devices.
• Dur-A-Lift (DICA Marketing): Dur-A-Lift manufactures aerial devices and bucket trucks for the electric utility, telecommunications, and sign/lighting industries. Direct peer in the aerial device category with overlapping customer segments, though smaller scale than Altec.
• Versalift (Time Manufacturing): Versalift, a Time Manufacturing company, is a leading manufacturer of aerial devices, bucket trucks, and digger derricks serving electric utility, telecommunications, and tree care markets—the same core verticals as Altec. Directly competes in the aerial device segment with comparable product specifications and customer base.
• Fassi Group: Fassi is an Italian manufacturer of articulating (knuckle boom) cranes for loading, material handling, and lifting applications. Directly comparable to Altec's knuckle boom crane product line, though Fassi primarily serves European markets while Altec is US-centric.
• Auto Crane Company: Auto Crane manufactures truck-mounted cranes, service cranes, and articulating cranes for work truck applications. Direct peer in the truck-mounted crane category competing with Altec's boom truck and knuckle boom offerings, particularly for contractor and service body applications.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/altecinc
• Facebookfacebook.com/altec
• LinkedInlinkedin.com/company/12820

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Altec Industries