AMHERST, NS — The province of Nova Scotia, through Nova Scotia Business Inc. (NSBI), is supporting LED Roadway Lighting's growth with a $6-million equity investment.

"LED Roadway Lighting has grown a solid business in Nova Scotia and now has an opportunity to become a world-leading provider of innovative, energy-efficient LED lighting," said Percy Paris, Minister of Economic and Rural Development. "We are proud to partner with exciting businesses like LED Roadway Lighting."

With a research office in Halifax and a manufacturing plant in Amherst, the company claims that its series of street light fixtures are more energy efficient than current technologies. The company says that its LED Roadway Lighting fixtures produce the same amount of light, but consume up to 80 per cent less energy than common high-pressure sodium and metal halide street lights.

"We're excited to be moving forward and growing our business here in Nova Scotia and sharing our product with the world," said Chuck Cartmill, founder of LED Roadway Lighting Ltd. "The technology we have developed is the most efficient in the world and the additional applications are limitless."

The company claims its light-emitting diode lights have grown in popularity for many reasons, including low power consumption, a long lifespan, and the fact that they promote environmental sustainability. The lights contain no lead or mercury, and emit no light toward the sky.

LED Roadway Lighting is conducting pilot projects throughout North America and the Middle East, and is expanding to Europe and the Caribbean as well. The company is also researching wireless and solar applications.

"While it's hard to deny the uncertainty in today's economic climate, Nova Scotia businesses are still taking chances, investing in themselves, competing, and winning in the global economy," said Stephen Lund, president and CEO of NSBI. "LED Roadway Lighting is a great example of how local businesses are taking smart risks that can reap big rewards."

< Prev		Next >