A building technology company that designs and manufactures movable modular wall systems has relocated its headquarters to Grand Junction.
Låda Cube plans to expand its operation into a larger facility in the Grand Valley and add 80 to 160 people to its staff over the next year.
John Fay, founder and chief executive officer of Låda Cube, grew up in the Grand Valley and said he wanted to bring his family and business back to the area.
Fay also said he’s excited to grow his businesses in a community he said is on the verge of becoming a “true tech hub.”
Fay started Låda Cube in 2013 to provide self-contained and self-standing modular wall systems for office, retail, residential and other settings. The systems accommodate everything from single-occupant rooms to large, multi-occupancy spaces. The systems also can be relocated and reconfigured, allowing for flexibility.
The company offers pre-engineered and pre-manufactured walls, interior and exterior finishes and booths that offer privacy.
Låda Cube has attracted interest from such companies as Facebook, Marriott, Tesla and WeWork.
In 2018, Låda Cube earned a spot in the Telluride Venture Accelerator. But Fay and his family subsequently moved to California. They left one factory in Grand Junction, while opening a second factory in California.
In 2019, the Colorado Office of Economic Development and International Trade awarded Låda Cube an Advanced Industries Accelerator Grant to help the company expand operations in the state.
The company considered six different areas in Colorado for expansion — including Castle Rock, Denver, Durango, Fort Collins and Montrose — as well as Reno, Nev., before Fay committed to relocating the headquarters to Grand Junction.
A bigger facility will combine operations in Grand Junction and California. Employees in California have the option to relocate, and Låda Cube is working with the Grand Junction Economic Partnership on those moves.
Låda Cube also plans to open a manufacturing center in South Africa to expand its global operations and move into new markets, including Europe.