CAP Technologies, a company that got its start in LSU’s Louisiana Business & Technology Center, plans to build an $8.1 million metal coatings facility in Denham Springs. The plant is slated to begin commercial production in December and expects to create 43 direct jobs with an annual average salary of $52,000 plus benefits. CAP has created an environmentally friendly way of cleaning and coating metals, using electricity and benign electrolytes instead of harsh acids. Gov. Bobby Jindal says CAP is the type of company the state wants to foster. “With the help of our research and development tax credit and business-friendly environment, CAP Technologies has literally grown from an idea at a university to a company that is now creating good-paying jobs for our people,” Jindal says.
CAP Technologies to spend $8.1 million on Denham Springs facility
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