Technology Associates will expand its presence at the University of New Orleans, Louisiana. The company plans to create 70 new jobs focused on marine engineering.
Technology Associates Inc, will relocate to 10,000 square feet of office space in the Advanced Technology Center Building at the University of New Orleans Research and Technology Park. The company will move into the new office immediately, and is expected to be completely moved in by end of July 2019. Hiring for the new positions is currently underway.
The company provides maritime engineering solutions to both commercial and governmental clients. Incorporated in 1993, the company works with the Naval Architecture and Marine Engineering Department at the University of New Orleans to develop state-of-the-art designs and manufacturing technology.
“Technology Associates established its offices in Louisiana because the state has a rich history in boat and ship building,” said Anil Raj, P.E., who also is the founder of Technology Associates. “Our recently won contract with the U.S. Coast Guard is proof that Louisiana remains a leader in maritime engineering. This win will bring significant growth and employee job security to our company and also help deliver large subcontracts to Louisiana companies that will support the vessel construction.”
“We are continuing to create high-quality jobs and making it possible for emerging high-technology businesses to prosper in New Orleans,” said New Orleans Mayor LaToya Cantrell. “Technology Associates Inc.’s expanding their presence and partnership at the University of New Orleans will help incentivize local graduates to stay in our city, while also creating advanced career opportunities for those who are interested in marine engineering and technology. We are empowering our local workforce and furthering economic development for the city and Louisiana’s Southeast Region.”
Louisiana Economic Development began working with Technology Associates Inc. on the potential project in May 2019. To secure the company’s expansion in Louisiana, the state offered TAI a competitive incentive packages that includes the comprehensive workforce solutions of LED FastStart, the state’s workforce development program. Additionally, the company is expected to utilize the state’s Quality Jobs Program.
“We congratulate Technology Associates for their continued growth and commitment to New Orleans and the region,” said President & CEO Michael Hecht of Greater New Orleans Inc. “We are encouraged by the opportunities we see between the region’s legacy maritime industry and the emerging technology market. As our homegrown companies continue to embrace technology and innovation, they will create good-paying jobs for the people of the greater New Orleans region.”
“Thanks in part to Louisiana’s long and storied past of ship designing and manufacturing, we are once again a prime location for a strategic expansion in the field of marine engineering,” Governor John Bel Edwards said. “I congratulate Technology Associates on the company’s expansion and success in securing a major new contract from the U.S. Coast Guard. Technology Associates does not shy away from challenges, and uses the latest in state-of-the-art design technology to develop the high-tech vessels of tomorrow.”
“This is a perfect example of the economic growth New Orleans is enjoying: retaining current companies, adding high-wage jobs in traditionally strong sectors, and underscoring our emergence as a technology hub while creatively leveraging our strong higher education partners,” said President & CEO Quentin L. Messer Jr. of the New Orleans Business Alliance.
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