- Associated Press - Thursday, July 16, 2015

NEW ORLEANS (AP) - Finland-based Cajo Technologies says it’s establishing a New Orleans manufacturing site.

Company executive Ismo Rantala and Gov. Bobby Jindal announced the plans in a news release Thursday.

The new plant will focus on laser-based machinery that creates permanent markings and color patterns on almost any material. Officials say the project will create 40 new jobs, with an average annual salary of $55,000.

Cajo identified New Orleans as a location for its entry into North America while a client of Nest New York, a business accelerator that recently opened a New Orleans office. Nest focuses on introducing north European companies into U.S. markets.

Cajo Technologies’ U.S. headquarters will be at Landing Zone New Orleans, a co-working space and business incubator. It plans to start commercial operations in September.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More

Click to Hide