The New Brunswick Export Awards celebrate the entrepreneurship and innovation of firms located in the province that have achieved ongoing success in developing new markets. They highlight the importance of exports to wealth generation and New Brunswickers’ standard of living. The Department of Economic Development, together with the New Brunswick Division of the Canadian Manufacturers & Exporters (CME), hosted tonight’s celebration recognizing winners in six categories.
“SPIELO International is delighted to be recognized by the New Brunswick government and CME for our continuing success in international exports,” said Don Doucet, SPIELO International Vice-President of Business Strategy and Development, who accepted the award.
“This award, as well as the caliber of all the award winners and nominees, proves that our province’s export industry is strong and growing, adding to the quality of life of all New Brunswickers.” SPIELO was founded in Moncton in 1990, and the majority of the company’s growth has come from exporting their products. Since 2009, due entirely to export sales, the company has increased its Moncton workforce to more than 700 staff. More than 85% of its sales from 2009 onward have been to export markets. While 2012 was already a record-setting year in terms of volume and revenue, its first quarter results for 2013 show that total revenues are up more than 60% year over year compared to the first quarter of 2012.
Today, SPIELO International is known worldwide as a leader in the video lottery terminal (VLT) machine and systems market, as well as an innovative supplier to the worldwide casino market. The company exports to more than 50 countries on five continents. All SPIELO International gaming machines sold globally continue to be produced and exported out of its Moncton manufacturing facility.