Central Maine Secures Montreal Firm’s Investment

 

As a compliment to the State’s ICT and geo-spatial technology cluster, Road King Technologies of Montreal Canada plans to expand its US operations into Central Maine and FirstPark. 

Road King Technologies manufactures and distributes Fleet Management / GPS Tracking Systems that, by design, are adaptable to the needs of almost any vertical market or client.  The firm’s technology automates common operations using TRAC18 GPS software in concert with its patented hardware, that includes interfaces to read meters, sensors and switches, and that operates valves and relays remotely through its  own VPN (Virtual Private Network) using the latest WiFi, Cellular, and Satellite technology.    Road King provides an-easy-to use suite of cloud based data collection, visualization, and data archiving tools to provide unparalleled insight to fleet managers. 

Road King Technology’s initial market focus in the US will be to provide fleet management services to the construction and concrete markets.   They have achieved an outstanding purpose built solution for concrete logistics - uncovering hidden values from the data they collect. 

 “I want to thank the Kennebec Regional Development Authority for the technical assistance they provided us with our cross-border expansion plans,” said Harry Marks, the President of Road King Technologies, “This included everything from accountancy to visas. 

“Since its inception KRDA has demonstrated a track record of assisting firms with their expansion plans and expediting the process where possible,” said Craig Nelson, KRDA’s President.  “We are very delighted that Road King Technologies chose the Kennebec Valley for its investment decision.

This business decision will also benefit a Central Maine firm – AMI – a printed circuit board and contract manufacturer.  “The KRDA recognized the value AMI would have in cementing Road King’s connection to the Kennebec Valley and brought us into the discussion early,” said Kim Vandermeulen, CEO of AMI.  “With its new executive leadership, the KRDA has established a unique process for securing foreign direct investment (FDI) and business-to-business (B2B) development into the region,” said Kim, “that may become the model for the state.”

Road King Technologies will establish its US Corporate HQ in FirstPark, Oakland, Maine creating upwards of 20 jobs over the next few years.