The Economic Revival
of Donaldsonville:
A B E A C O N O F H O P E
The West Bank of Ascension, particularly the City of Donaldsonville, stands on the brink of one of the most significant economic comebacks in history.
Once a bustling river town, Donaldsonville was founded in 1805 at the junction of the Mississippi River and Bayou Lafourche. Its strategic location not only facilitated trade and commerce but also established it as a pivotal hub during its early years.
Today, the city is making waves on two significant fronts: the "American Reshoring Movement" and the "Energy Transition." The recent announcement of a $5.8 billion Hyundai Steel plant positions Donaldsonville as ground zero for the "Made in America Revitalization Movement." Currently, 78% of all steel used in the United States is imported, underscoring the importance of this new facility in bolstering domestic production and creating job opportunities.
Moreover, CF Industries’ recent announcement of a $4.5 billion investment to produce 1.4 million metric tons of low-carbon ammonia as a renewable fuel further cements Donaldsonville's position at the forefront of the energy transition.
This innovative approach aligns with the nation's goals for cleaner energy solutions, advocating for a shift towards sustainable practices in industrial production.
With its rich history and promising future, Donaldsonville is poised to reclaim its status as a vital economic center in the region. By leveraging both its historical strengths and the emerging economic trends of today, the city is set to experience a renaissance that will resonate throughout the entire Ascension Parish and beyond. The synergy of these developments presents an unprecedented opportunity for growth, revitalization, and a renewed sense of community pride.
Board + Staff
G E T T O K N O W U S