A new company plans to hire 150 people and invest almost 13 million dollars in Botetourt County by 2003. The firm plans to open a new plant in Botetourt's Greenfield Industrial Park next year. Altec pays employees about 12-dollars an hour. Botetourt County did not charge the company for 36 acres of land. This is Botetourt's fifth transportation-related company.
Officials say they're deliberately specializing in that industry.
Surae Chinn tells us about the plan and who showed up for the announcement. Workers like Derek Linder are gearing up for the holiday season. Although the dot com company has yet to make a profit in its 4 year history, sales last year grew five times from the previous year. So the company invited Governor Gilmore and others for the official ribbon cutting ceremony for a multimillion dollar expansion. Two building complexes cover 1.2 million square feet.