Nautel Limited, a global leader in radio frequency technology, is making investments to increase manufacturing productivity and diversify its products through research and development in Hacketts Cove.
"Over the past two years, we've grown Nautel's engineering team by more than 50 per cent. We've tripled our sales and marketing teams and added more support personnel," said Peter Conlon, president and CEO of Nautel Limited, recently awarded Business Person of the Year by the Halifax Chamber of Commerce, and received Exporter of the Year at the 2009 Nova Scotia Export Achievement Awards. "We have a culture that breeds innovation, and this means creative solutions for more companies around the world."
Nautel will be investing $1.7 million in its expansion plans beginning this year. The province, through Nova Scotia Business Inc. (NSBI), is supporting the company's growth with a five-year payroll rebate capped at a maximum of $860,500 as it creates up to 20 new positions and retains its current workforce of 155 employees.
NSBI's payroll rebate may be used to support companies like Nautel as they make improvements in competitiveness and retain and create jobs.
"Nova Scotia's future economic sustainability and prosperity is built on a solid foundation of home-grown innovators like Nautel," said Percy Paris, Minister of Economic and Rural Development. "We're proud to be investing in the future growth of Nautel, a valued employer, and a Nova Scotia exporter."
Nautel has been providing world-class products for the digital radio broadcast revolution for more than 40 years. Throughout its history the company has built a customer base spanning more than 177 countries. One customer, Ad Astra Rocket Company, approached Nautel in 2007 to develop a radio-frequency amplifier for a plasma rocket propulsion system. Originally studied by NASA, this system is expected to revolutionize space travel in the years to come, and Nautel is playing a key role in its development.
"Nova Scotia's innovative companies continue to be recognized internationally for their ability to compete and win on a global stage," said Stephen Lund, president and CEO of Nova Scotia Business Inc. "We are pleased to support Nautel in its efforts to advance new technologies and conduct world-leading research and development right here in Nova Scotia."
Nautel is a global leader in the design, manufacture, sales and support of high power radio frequency ("RF") products for AM and FM broadcast, navigation, industrial and space-based applications. With a long history of creating highly innovative products, Nautel continues to lead the way in providing valuable new solutions for the digital radio broadcast revolution. Thousands of customers in more than 177 countries have discovered that Nautel delivers world class RF solutions - systems that meet stringent quality standards at its ISO-registered manufacturing facilities. For more information, visit www.nautel.com .
Nova Scotia Business Inc. is Nova Scotia's private-sector-led business development agency. NSBI is the investment attraction arm of the province and helps businesses in Nova Scotia meet growth potential through advisory services, trade development, financing and venture capital.