Radiant Power Corp., designer and producer of power and sensor products for commercial aviation and marine, will expand its Manatee County facility for the second time in less than a year, which will lead to 16 new jobs during the next two years.
Governor Scott said, “Every job created helps a Florida family, and Radiant Power’s progress is more proof that Florida is headed in the right direction. Since December of 2010, our state has created over 200,000 private-sector jobs. Though we’ve made great progress, our work is not done until every Floridian who wants a job has the opportunity to get one.”
With business operations in the county since 1999, Radiant Power expanded its South Manatee facility last year to accommodate a larger engineering team for developing new products and added production space for a business it relocated from Hatsfield, Penn. The current expansion will add 4,000 square feet to the 27,000-square-foot facility as the company integrates another product line being relocated from St. Charles, Ill, according to Lane Wright, spokesperson for the Office of Gov. Rick Scott.
Radiant Power’s products are underwater locator beacons that are used to locate aircraft cockpit voice recorders and flight data recorders, marine ship voyage recorders and various other devices which have been submerged under water. The beacons are required equipment on all Federal Aviation Administration-approved recorders used in aircraft, and on similar systems used on large marine shipping vessels, according to Wright.
“This is our second expansion in less than a year, and we would not be able to grow our production and workforce at this rate without expedited assistance from the EDC [economic development corporation], Manatee County Government and the State of Florida,” said Anish Patel, president of Radiant Power. “This latest expansion requires a capital investment of more than $650,000, which demonstrates our confidence in being able to deliver to global markets from our Manatee County location.”