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Hyundai plans $6B steel mill in Louisiana

Summary by New Orleans CityBusiness

South Louisiana could soon welcome a multibillion-dollar economic boost as Hyundai plans to build a steel mill in Ascension Parish to supply its U.S.-based Hyundai and Kia vehicle assembly plants. The project, as reported by the Times-Picayune, expected to create roughly 1,300 full-time jobs, is being touted as a major development opportunity for the region, according to sources familiar with the plans. In October, Landry and his cabinet, includ…

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New Orleans CityBusiness

Hyundai plans $6B steel mill in Louisiana

1 month ago

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The Hayride

Hyundai plans $6B steel mill in Ascension Parish

(By Nolan Mckendry/The Center Square) − South Louisiana could soon welcome a multibillion-dollar economic boost as Hyundai plans to build a steel mill in Ascension Parish to supply its U.S.-based Hyundai and Kia vehicle assembly plants. The project, as reported by the Times-Picayune, expected to create roughly 1,300 full-time jobs, is being touted as a major development […] The post Hyundai plans $6B steel mill in Ascension Parish appeared first…

1 month ago

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Nola

Hyundai planning new multibillion dollar steel mill in south Louisiana; see details

Korean auto giant Hyundai is planning to build a multibillion dollar steel mill in Ascension Parish to supply its Hyundai and Kia vehicle assembly plants in the U.S., creating roughly

1 month ago·New Orleans, United States

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The Korea Times

Hyundai Steel mulls building automotive steel mill in US to respond to Trump's policy

Hyundai Steel is reviewing constructing an automotive steel mill in the United States to respond to the incoming Donald Trump administration's protectionist policies, industry sources said Wednesday.

1 month ago·Korea, Republic of

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News Radio 710 KEEL

Hyundai to Bring New Steel Plant With 1300 New Jobs to Louisiana

Louisiana received some positive economic news as Hyundai Motor Group announced that they are planning to build a multibillion-dollar steel mill in Ascension Parish

1 month ago

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WBRZ

Report: Hyundai to build multibillion-dollar steel mill in Ascension Parish

DONALDSONVILLE - Auto company Hyundai is planning to build a multibillion dollar steel mill near Donaldsonville, according to The Advocate.The facility would be built on several hundred acres of sugar cane field near Donaldsonville, where the land was re-zoned by the parish for industrial use.Hyundai and Louisiana officials agreed on incentives and tax in December, with Hyundai planning to break ground as soon as 2026. The Advocate says if appro…

1 month ago·Baton Rouge, United States

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