IN THE NEWS
Read the latest announcements about our growth
March 24, 2025
“Louisiana Wins Again,” Governor Jeff Landry & LED Secure $5.8 Billion Hyundai Steel Plant
March 24, 2025
“Hyundai Steel Announces $5.8 Billion Electric Arc Furnace-based Integrated Steel Mill in the U.S., Driving Sustainable U.S. Steel Production and Creating over 1,300 Jobs
March 24, 2025
Hyundai says it will build $5.8 billion steel mill in Louisiana
Applications have been sought to form a new strategic planning committee for the City of Donaldsonville.
City officials are looking for innovative thinkers to assist in spearheading programs and development as new industry has been planned along the west bank of the Mississippi River.
The proposed $5.8 billion Hyundai steel plant, among other projects, is expected to create thousands of jobs and spur economic growth in the area.
May 25, 2025
Expecting growth, City of Donaldsonville establishing strategic planning committee
April 10, 2025
Boom on the bayou: Inside Ascension Parish’s $10 billion industrial boom
DONALDSONVILLE — It may be small in size, but few places are booming quite like Ascension Parish. What it lacks in landmass, the parish is more than making up for in growth.
It’s one of the fastest-growing parishes in Louisiana, and that momentum isn’t expected to slow down anytime soon. In just the past month, Ascension Parish has landed two multi-billion dollar economic deals. In March, Governor Jeff Landry, joined by President Donald Trump, announced a $5.8 billion Hyundai steel plant that will be built on the parish’s west bank, anchoring the RiverPlex MegaPark in Donaldsonville.
April 10, 2025
Donaldsonville community excited for the future amid recent announcements
DONALDSONVILLE, La. (WAFB) - “We love it here, grew up here, met my fiancée here, he’s from Donaldsonville,” said one Donaldsonville woman while enjoying her Lunch at a local eatery in town.
It might be a small town, but it’s chock-full of passion for the community.
“They welcomed us with open arms,” chimed the woman. “They’ll do the same for everyone else that’s coming.”
That community is about to get a boost.
DONALDSONVILLE, La. – CF Industries Holdings, Inc., the world’s largest producer of ammonia and its partners have announced an approximately $4 billion final investment decision to establish a low-carbon ammonia facility. Upon completion, this new facility on the West Bank of Ascension Parish will be the largest facility of its kind in the world..
April 8, 2025
Another Louisiana Win: CF Industries, JERA and Mitsui Announce $4 Billion Final Investment Decision to Construct World’s Largest Ammonia Facility in Ascension Parish
March 25, 2025
Students getting prepared for new steel mill in Donaldsonville
WAFB - The college already has many of the programs in place for a career at the Hyundai steel plant or any other, including a Process Technology Glass Lab and Process Equipment Plant.
March 25, 2025
Hyundai steel mill 'just the beginning' as RPCC campus planned for west side, mayor says
Gonzales Weekly Citizen - During the March 25 council meeting, Donaldsonville Mayor Leroy Sullivan told members that River Parishes Community College plans to open a campus on the west side of Ascension Parish to address the workforce needs of the planned Hyundai steel plant. President Donald Trump, Louisiana Gov. Jeff Landry and several elected officials celebrated the announcement of the first-of-its-kind $5.8 billion project along the west side of the Mississippi River.
MONEYWATCH - South Korean auto giant Hyundai on Monday announced a multibillion-dollar investment in the U.S., including a new $5.8 billion steel plant.
The plant, which will be based in Louisiana, will create 1,300 jobs in the U.S., Hyundai executive chairman Euisun Chung told reporters at a White House event alongside President Trump. The move will also serve "as the foundation for a more self-reliant and secure automotive supply chain in the U.S," the car executive added.
WASHINGTON and SEOUL, South Korea, March 24, 2025 /PRNewswire/ -- Hyundai Steel Company has announced a significant investment of $5.8 billion to establish a new, state-of-the-art EAF-based integrated steel mill in Louisiana.
Hyundai Steel's Louisiana mill will focus on the production of steel plates for the automotive industry, driving growth in U.S. manufacturing capabilities and creating over 1,300 jobs in the state, while reinforcing Hyundai Steel's commitment to sustainable steel production.
WASHINGTON, D.C. – Hyundai Motor Group has made a groundbreaking decision to invest $5.8 billion in a new manufacturing facility in Louisiana. This first-of-its-kind site marks Hyundai’s inaugural North American steel facility, establishing a fully integrated, made-in-America supply chain to support its automotive manufacturing operations across the United States.