A Poway company is getting a big boost in business, thanks to the American Recovery and Reinvestment Act of 2009.
Teledyne RD Instruments makes devices that measure water flow, velocity and currents in oceans, rivers and streams across the world. The instruments can help predict erosion and flooding, keeping the loss of life and property at a minimum.
A recent government order injected about 700-thousand dollars into Teledyne, providing the company an almost ten percent boost in revenue.
"This is a very difficult economic time we have not had a layoff at Teledyne RD Instruments and we want to keep it that way,” said Teledyne’s Water Resources Product Line Director Jim Rogers.
Rogers says the U.S. Geological Survey used stimulus money to buy more than thirty of the company’s instruments, which are already being used all over the country, including in the Sacramento River.
"To be honest with you it really helped out with our second quarter, the second quarter was really looking thin on bookings and we weren't sure where it was going to come from," Rogers said.
But now, the company has not only kept its staff of about two hundred employees, but has even hired an engineer to help design its products of the future.
"It kept us going nicely we're seeing an upturn in now, we're seeing the orders start to come in again. So it kept us moving when it got to the point where we may have had to make difficult decisions otherwise," said Rogers.
