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Meta and Hyundai Apply for Tax Incentives for Multi-Billion Dollar Projects

KEY TAKEAWAYS: Meta proposes $10B AI-optimized data center in Richland Parish Hyundai plans $5.7B hydrogen steel mill in Ascension Parish Projects could generate over 10,000 jobs and $139M in payroll Entergy investing $3B+ in infrastructure to support developments Meta and Hyundai have applied for Louisiana’s premier business incentive programs as they move forward with major projects in Richland and Ascension parishes, respectively — proj…
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Business Report broke the news in on Friday, July 11, 2025.
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