Xiplinx Lands $700K in Grants, Loans

Xiplinx Technologies Ltd., the Saint John company that helps manufacturing plant managers monitor data from around their factories, has landed about $700,000 in debt and grants from provincial and federal governments. The money will help the company to expand its team – now at five full-time employees and two contract workers – in such areas as sales and account management. Xiplinx’s product, Siteflo, allows workers around a plant to input data using mobile devices. When it went through the first Launch36 cohort in 2012, Xiplinx had its greatest traction with beverage makers, but CEO Brent MacDonald said Thursday the company is now having success in the consumer packaged food market. "These investments make it possible to meet the demand for the SiteFlo product in a variety of markets, with a New Brunswick-based team," MacDonald said in a statement.