ExxonMobil to invest $250M in new Port Allen resin facility
ExxonMobil has announced that it will invest more than $250 million in "Project Holly," a new resin manufacturing facility at its Port Allen Lubricants...
Hyundai-POSCO expects to employ 1,000 at Ascension Parish plant by late 2028
Hyundai-POSCO Louisiana Steel plans to bring on between 230 and 300 employees by the end of 2027 before accelerating hiring in 2028. “The biggest...
SpaceX wants easier wireless spectrum access to support up to 10,000 launches a year
SpaceX and other commercial space companies are urging the FCC to allow for easier access to the wireless spectrum to support increases in rocket...
Ascension Parish releases Hyundai deal details as confidentiality period expires
Ascension Parish released economic development documents related to Hyundai Steel’s $5.8 billion investment on Tuesday, following the expiration of the confidentiality period. The documents...
Louisiana Innovation to use $15 million award to connect manufacturers with advanced tech
Louisiana Innovation, a division of LED, has secured $1.5 million annually for five years from the National Institute of Standards and Technology to expand...
Hyundai meets resistance in getting $900M in tax-exempt bonds for Ascension Parish mill
Opponents are wanting state financing officials to block a $900 million tax-exempt bond issue proposal tied to Hyundai’s planned $5.8B steel manufacturing facility in...
Planned $277M heavy rare earths facility at the Port of Vinton gets financial backing
Aclara Resources has received a letter of interest from the U.S. Export-Import Bank for up to $750 million to support Project Dynamo, its planned...
Hyundai’s $5.8 billion low-carbon steel plant breaks ground
Officials broke ground on the new $5.8 billion Hyundai steel plant in Donaldsonville on Friday, reports WBRZ.
Site preparation for the project began several months...
Carencro’s Coastal Machine & Supply preps for SpaceX with $25.5 million expansion
Coastal Machine & Supply plans to invest $25.5 million to expand its Carencro facility by 120,000 square feet and add production lines for aerospace...
Lengthy Hyundai air permit hearing attracts supporters and critics in Donaldsonville
A public hearing over the Hyundai-POSCO Louisiana Steel’s proposed air permit lasted more than four hours Tuesday night in Donaldsonville, with supporters touting the...
