BOUTETOURT, Va. (WFXR) — 150 new jobs are coming to Botetourt County as Altec Industries will expand its current facility.

Virginia Governor Glenn Youngkin announced that Altec Industries will invest $1.4 million to bring more jobs and productivity to the area.

“Creating 150 new jobs and reinvesting in the region sends a clear message to manufacturers that the Commonwealth is the right place to locate and grow, and we look forward to a continued partnership with Altec,” said Gov. Youngkin.

Altec Industries is a leading construction equipment company, including services to the electric utility, tree care, lights, and signs markets. Altec products are distributed to more than 100 countries across the world.

Altec has been in Greenfield since 2001 and is expanding its 80-acre campus by eight more acres.

“The expansion of Altec Industries is a fantastic success story and a testament t the region’s capabilities in supporting business investment and growth, as well as Altec’s solid foundation of strong business leadership,” said John Hull, Executive Director of the Roanoke Regional Partnership.

This project is possible in part of the Virginia Jobs Investment Program, a state-funded program that provides consultative services and funding to companies throughout the Commonwealth.