Hyundai-POSCO Louisiana Steel
Coverage of Hyundai-POSCO Louisiana Steel in the Nexus archive.
- MegaPark’s $10B in investments sets the stage for Ascension’s next boom
The RiverPlex MegaPark in Ascension Parish is poised to become a major Gulf Coast industrial hub with $10 billion in announced investments, including projects by Hyundai-POSCO Louisiana Steel, CF Industries, and Linde. Ascension Economic Development Corporation aims to expand infrastructure and attract complementary sectors like advanced manufacturing and clean energy, with plans to operationalize key projects within five years.
- Thousands of acres, billions in investment: What’s next for RiverPlex MegaPark?
The RiverPlex MegaPark in Ascension Parish is advancing as a major Gulf Coast industrial hub with $10 billion in announced investments, including projects from Hyundai-POSCO, CF Industries, and Linde. Ascension Economic Development Corporation (AEDC) is focusing on infrastructure expansion and attracting complementary industries, with thousands of acres still available for future development.
- Louisiana earns Gold Shovel Award for economic development
Louisiana received the 2026 Gold Shovel Award for economic development from Area Development, marking the third consecutive year it has earned the recognition. The award highlights over $46.1 billion in capital investment and 6,613 new direct jobs from projects like Venture Global’s LNG facility and Woodside Energy’s LNG facility.