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...
CHS and OCP North America to build $450M phosphate fertilizer facility in Waggaman
CHS, America’s leading farmer-owned cooperative, and OCP North America recently announced that they are jointly investing in a $450 million phosphate fertilizer production facility...
Big day in Ascension: DEQ hearings on Hyundai-POSCO steel mill set for 6 pm
The public will get a formal opportunity today at 6 p.m. to weigh in on the proposed Hyundai-POSCO Louisiana Steel mill as state regulators...
LED’s Susan Bourgeois: Landing SpaceX spaceport project took only six months
Louisiana’s deal to land SpaceX’s $100 billion Vermilion Parish spaceport project came together in just more than six months, according to Louisiana Economic Development Secretary...
