Nautel Branches into New Markets
When Peter Conlon looks back at his career, he may muse that September 2013 was the month in which the revolution he has brought to Nautel Ltd. bore fruit.
Started in 1969, the Hackett’s Cove manufacturer was a maker of niche radio transmitters before Conlon became CEO in 2006. But as the world entered its economic catastrophe in 2008, he led Nautel in an initiative to ramp up investment and branch into new markets. As a result the company’s annual revenue has soared from about $15 million in 2006 to about $40 million today, and its estimated market share has more than quintupled.