FREDERICTON (GNB) – The provincial government is providing $280,000 in payroll rebates to support Greystone Energy Systems Inc. in adding up to 34 new full-time jobs in Moncton.

Opportunities NB is providing the support for a workforce expansion at the company’s headquarters between 2022 and 2025 and estimates the project will contribute $11.9 million in incremental GDP over its lifetime.

Established in 1983, the company is one of the leading ISO registered manufacturers of heating, ventilation, and air conditioning (HVAC) sensors and transmitters for Building Automation Management Systems.

“Greystone is an important part of our province’s advanced manufacturing sector with their commitment to best practices and the latest technology and processes,” said Greg Turner, minister responsible for Opportunities NB. “Through innovation, their HVAC sensors and transmitters are helping to strengthen New Brunswick’s economy by supporting businesses at home and attracting new investment from around the world.”

Headquartered in Moncton, the company has more than 140 employees at nine locations, including regional sales offices in Dubai, India, Singapore, and Malaysia.

“We have conscientiously established a worldwide reputation as an industry leader by maintaining leading-edge design technology, prompt technical support, and a commitment to on-time deliveries,” said Robin Drummond, president and chief executive officer. “With this funding, we will be able to support our growth and sustain demand for our products as we strive to be the premier independent supplier of high-quality sensing and measurement devices to the HVAC industry.”

Information on employment opportunities with Greystone Energy Systems is available online at http://greystoneenergy.com/employment.

Opportunities NB is a Crown corporation and the lead economic development agency for the province. It seeks to attract and support opportunities to stimulate the economy and create jobs by providing support services for businesses across the province.