Wallbridge, New Brunswick’s first data mining firm, said it plans to add 1,000 jobs to its staff and expand operations to new facilities.CEO Peter Rieker said the company is looking to add another 500 jobs over the next two years.
The company will also increase production capacity to 8,000 megawatts and add 1 megawatt of data processing capacity.
The move is the latest in a string of moves by Wallbridge as it ramps up production of its data mining tools.
In August, the company announced it was adding 10,000 staff, while it is currently hiring another 25,000 people over the coming two years to help boost its mining business.
The data mining company also announced a $5-million investment to help the company expand its operations.