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UPDATE: Optelian to double size of R&D, manufacturing facility
The Ottawa-based optical networking technology maker - which was recently named one of OBJ's Fastest Growing Companies of 2011 - said it's moving its design and manufacturing operations to a larger facility to support rapid sales growth of its products and solutions.
"Our larger facility will enable us to continue to grow and support our customers better," said Optelian CEO and co-founder Dave Weymouth in a statement.
The company has seen its revenue grow 55.8 per cent over the past three years, and co-founder Michael Perry said in an interview with OBJ that Optelian's local staff of 115 people will expand by about 20 to 30 additional R&D and manufacturing employees, all of whom will work at the expanded facility.