GONZALES, LA — Ascension Economic Development Corporation is proud to announce its recent accolade of ‘Small Market of the Year’ for outstanding achievements in economic development projects in 2022, receiving commendation and recognition from Southern Business & Development magazine. This prestigious honor highlights AEDC’s commitment to driving economic growth, creating job opportunities, and fostering prosperity in the Ascension community.
“We are honored to receive this recognition, acknowledging our efforts in economic development and creating opportunities for growth,” said Kate MacArthur, President & CEO. “This achievement is a testament to the collaborative spirit of our team, partners, and stakeholders who have worked tirelessly to bring these projects to fruition.”
Helping secure Ascension’s top ranking are industrial projects that include Ascension Clean Energy’s proposed $7.5 billion clean ammonia project and the CF Industries $2 billion proposed clean ammonia project in West Ascension along with Origin Material’s $750 million carbon negative materials project and BASF’s $780 million expansion in Geismar.
Award categories are defined by population size and points are determined by project announcements in relation to population. Small Market of the Year represents a population of 50,000 to 250,000. The Baton Rouge Region gained Honorable Mention honors for Major Market of the Year in the SB&D 100 issue, for metros of 750,000 to 2.5 million residents. The state of Louisiana also received Honorable Mention honors. Cameron Parish received special recognition in the ‘Rural Market’ category (population under 50,000).
View the 2022 SB&D 100 Top Deals and Special Recognition at sb-d.com.
About AEDC
Ascension Economic Development Corporation (AEDC) is a leading force in economic development, dedicated to creating sustainable growth and fostering prosperity in Ascension Parish, Louisiana. With a focus on innovation and collaboration, AEDC has successfully implemented a range of projects generating over $9.1 billion in capital investment and creating over 3,000 jobs that contribute to the economic vitality of the community. Through strategic partnerships and a commitment to excellence, AEDC continues to shape the economic landscape of Ascension Parish. For more information, visit ascensionedc.com.