Customer Testimonial: City Light & Power

When City Light & Power gets a new contract, time is of the essence. The Denver, Colorado, based company maintains utility grids on military bases across the country, in addition to other projects such as municipal contracts for street lighting and utility construction.

The company holds contracts on 10 military instillations across the country and with each contract comes a need for new crews, tools and equipment—all in a set transition period.

“When we get awarded one of these contracts, it’s essentially a brand new business,” said Tony Lecara, City Light & Power vice president. “We typically don’t have a footprint in the state we get. We’re going out and hiring folks, and we have to start tooling up and getting equipment. We have a transition period and once it finishes, we have to be ready to go for any outages to occur.”

To make it happen, City Light & Power utilizes the total Altec value, including equipment, tools, service and financing.

“It allows a small operation like us to operate as if we have twice the employees,” said Walt Jones, purchasing and fleet manager. “The partnership we have forged with Altec is like adding headcount to your team to get the job done.”

Every step of the way

When Marty Maxfield, CFO, joined City Light & Power, the company ran a request for proposal to consolidate its fleet. Many factors went into CLP’s decision to choose Altec. Altec’s family-owned attitude and core values was something the leadership team at City Light & Power related to, and Altec’s ability to provide services to the company at bases across the country was invaluable.

“From my standpoint, it was an easy decision,” Maxfield said. “When you get a culture fit like that, when you get the attention you need when growing the busines and making an acquisition like that … You get the service that’s imperative in the business we’re in, and a focus on safety was important as well.”

For each new contract, Altec works with City Light & Power every step of the way. Altec Supply helps the company get the tools it needs for its equipment, organizing it by pallet so that it’s easy for crews to stock on the truck. Much of the company’s investment has been financed through Altec Capital, and Altec’s Service team is available nationwide for maintenance and repairs. When rental equipment is needed, City Light & Power has worked with Global Rental to meet those needs.

“It’s an amazing network of support, and I can’t be successful unless I have that type of partner I can rely on—and I do,” Jones said. “We are so time critical on some of these projects. We have a specific date we have to hit, and a monumental amount of things have to be done by that date. Everything that Altec has said they would do within the time needed, they did.”

Are you interested in seeing how Altec can help your company? Call 800-958-2555 or contact an Altec representative online.

How the Opti-View Riding Seat Can Improve Work for Your Crew

During a long day on the job, little things can add up—both in time and operator fatigue. Designed with efficiency and safety in mind, Altec’s Opti-View® riding seat for E-Series digger derricks offers operators an unobstructed view of the boom and improved multifunctioning controls.

“We always strive to help our customers work safely and more efficiently,” said Michael Newman, digger derrick market manager. “The Opti-View riding seat checks those boxes.”

The seat is available on all E-series models, including DM45E and DM47E. Check out these three ways the Opti-View riding seat can improve work for your operators.

An unobstructed view

With traditional riding seats, the control panel is directly in front of the operator. When working in closer proximity to the truck or when trying to position the winch hook, these controls can block an operator’s view, requiring them to move to get a better look at what they’re doing. Over the course of a long day, time spent repositioning for a better view can add up.

In the Opti-View seat, controls are located on either side of operator, giving them an unobstructed, clear view of the boom and winch line in all situations. 

Easy ingress and egress allow for easy operator access

In traditional seats, operators enter from the side. The Opti-View seat offers central ingress and egress, creating an unhindered path that makes it easier to enter and exit the seat.

Multifunction joysticks and updated controls make operation seamless

The E-Series control system brought the newest generation of the Opti-View seat to the market, meaning it has updated joysticks and functionality, and gives operators enhanced control of the machine.

The seat features two primary joysticks, rather than the six joysticks that are on standard derrick control panels. The two-joystick setup is similar to that of other equipment such as excavators, with each joystick operating multiple functions.

Responsive pole guide controls allow operators to adjust the speed of the pole guides based on force used on the joystick. Unlike the previous generation of Opti-View, the E-Series update also allows you to have independent or simultaneous control of upper and intermediate booms so that operators can extend them separately or simultaneously. Unit function interlocks are operated via a trigger on the primary joystick which replaces the foot pedal found on standard riding seats.

“The E-Series Opti-View seat really allows operators to finely control the machine,” Newman said. “Once learning the layout, operators can multifunction very fluidly and be very productive with the derrick.”

‘It was a no brainer to put the seat in operation’

Introducing new equipment to operators is the ultimate test of a product, said Andy Ross, supervisor of fleet equipment at Pepco. The Exelon company delivers energy to approximately 894,000 customers in the District of Columbia and Maryland. When Ross demoed the Opti-View seat, it was an immediate hit.

“I brought it to one location to demo and the guys loved it,” Ross said. “It was one of the easiest transitions I’ve had in a truck.”

The unobstructed view and ease of access were major selling points for his operators. The only criticism Ross received, he said, was that he didn’t get the seat sooner.

“The view and comfort of operating it and the layout of the controls make it very user friendly for our operators,” Ross said. “Our operators don’t have to look up over the top of the control panel, which can be difficult depending on where they were working. It was a no-brainer to put the seat in operation. It’s been well received, and I don’t think there’s anything that could be done to make it better.”

To learn more about Altec digger derricks and equipment, call 1-800-958-2555 or contact an Altec representative online.

How a Fair Market Value Lease Can Save You Money

As interest rates rise and material, fuel and equipment costs increase, maximizing savings and conserving working capital is more important than ever. With a Fair Market Value lease from Altec Capital, fleet owners can keep the monthly cost of equipment low, from payments to maintenance costs.

What is a FMV Lease?

FMV leases offer the flexibility of ownership and the lowest monthly payment with terms that match the useful life of the equipment.

With an FMV lease you can improve operations and productivity without the expense of buying the equipment outright or a high down payment. At lease maturity, you may opt to return the equipment and lease a new unit, however, customers can continue to lease on a month-to-month basis or purchase the equipment at its fair market value.

Operate a Truck During its Highest Useful Life

FMV lease terms range from 36 to 120 months, so customers can utilize a truck for its highest useful life. Once that term ends, customers can return the truck and lease a new piece of equipment, avoiding costly repairs and increased maintenance costs that can occur with older equipment.

A shorter life cycle often leads to lower repair cost and frequency, which means less downtime. This allows customers to spend more time in the field focused on operations and maximizing profits.

Fair Return Provisions

Altec believes in complete satisfaction in all aspects of a customer’s experience. Lease holders can rest assured that the same Altec customer service they expect will be provided throughout all phases of the lease, including the end of lease return process. Altec Capital account managers work hand in hand with customers to reduce end of lease expenses. Altec Capital’s ultimate goal is to create an end of lease customer experience that is seamless, equitable and fair.

Experience the Benefits of a New Truck

The FMV lease is ideal for customers who are eager to experience the latest innovation in new equipment. When FMV lease holders return their equipment at lease maturity they can then finance a brand new piece of equipment, complete with the latest technology. For many customers, the regular upgrade to a new piece of equipment boosts employee morale.

By working with Altec Capital, your account managers are monitoring current lead times for new equipment along with the term of customer leases, helping customers place orders that most closely match maturity schedules and life cycles.

About Altec Capital

Altec Capital’s focus is meeting customers’ unique equipment financing needs. Not only does Altec Capital finance equipment, but it also helps customers manage and maintain their equipment fleet. While our core business is financing Altec products, Altec Capital also offers financing for light duty trucks and other non-Altec, third-party equipment.

Most importantly, financing with Altec Capital is easy. Altec Capital offers a single source solution for all your financing needs, which means no more managing multiple banking relationships. Altec Capital’s innovative e-signature and web-based application process make it easy for customers to obtain financing.

For more information on Altec Capital’s financing options, call (888) 408-8148 or email finance@altec.com

Need Help? Please contact us at 1-877-GO ALTEC, option 1.

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Altec Inc.

210 Inverness Center Drive
Birmingham, AL 35242-4834
Phone (205) 991-7733
Fax (205) 408-8601

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