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 is a leading equipment and service provider for the electric utility, telecommunications, contractor markets.  The company provides products and services in over 100 countries throughout the world.

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

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