Skabar to make announcement at LED Roadway Lighting on Friday

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NSBI officials to be in attendance as well

Cumberland North MLA Brian Skabar

AMHERST – More government support appears to be coming the way of LED Roadway Lighting.

Cumberland North MLA Brian Skabar is scheduled to make an announcement Friday on behalf of Economic and Rural Development Minister Percy Parris.

Skabar will be joined by Peter MacNeil, director of venture capital with Nova Scotia Business Inc.

In 2011, the company, run by Halifax’s Chuck Cartmill, secured a $4-million follow-on equity investment from Montreal-based venture capital firm Cycle Capital. The company attracted that investment with the help of NSBI.

Since then, LED Roadway has signed contracts with both Nova Scotia Power and NB Power and entered into an agreement to provide LED streetlighting to the Dominican Republic and Manchester, England as well as Massachusetts and other locations.

Organizations: Nova Scotia Business, Cycle Capital, Nova Scotia Power NB Power Dominican Republic

Geographic location: Manchester, England, Massachusetts

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Recent comments

  • gary
    January 19, 2013 - 09:14

    I didn't hear the interview on CKDH but I think this investment makes sense - LED is a genuine success story for Amherst and Cumberland County. The products coming out of that plant will reduce our future need for electricity to light roads and that makes a lot of sense to me.

  • noodle
    January 17, 2013 - 10:15

    Heard Skabar on Foxtrot Lisa's show on the radio yesterday and he made a really bad impression on me. Not sure if he's as rude and arrogant as he came across to me, but he sure sounded annoyed to be questioned on his government's policies. In response to a question about the hike in NSPower rates, he said the public doesn't want the government interfering with the rates of a private, for-profit company. To respond as a member of the public: That's exactly what we want, Mr. Skabar. If the government won't protect us from the rampant profiteering of a monopoly-holding private corporation who will?

    • Skippy
      January 18, 2013 - 07:36

      I just took a listen myself Noodle. There's a line between competence and arrogance and in my humble opinion, Brian doesn't cross it. Do I detect a little sour grapes?