Author: Misty Taillon

A major new industrial development is underway in Ascension Parish, as construction has officially begun on Magnolia Ridge Logistics Park, a 186-acre industrial subdivision located at the intersection of Industriplex Avenue and LA-30 in Geismar. Magnolia Ridge is the result of a partnership between Alexandria-based Ratcliff Development and local private equity firm JRE Capital. Once… Read more »

Southern Glazer’s Wine & Spirits, the nation’s leading distributor of beverage alcohol, has officially opened its brand-new, state-of-the-art distribution center in Geismar. Local officials, business leaders, and community stakeholders are celebrating this major investment in Ascension Parish that promises to strengthen the regional economy, create quality jobs, and enhance supply chain efficiency throughout Louisiana. Located… Read more »

The Ascension Economic Development Corporation (AEDC) is proud to announce the development of a nearly $9 million RaceTrac distribution center in Geismar, a strategic investment that enhances the parish’s role in regional supply chain infrastructure while creating quality jobs for local residents. The new 40,000-square-foot facility, located on Industrial Drive, is equipped with advanced technology… Read more »

CF Industries Holdings, Inc., the world’s leading producer of ammonia, along with partners JERA Co., Inc. and Mitsui & Co., Ltd., today announced a final investment decision for a $4 billion world-scale low-carbon ammonia production facility in Ascension Parish, Louisiana. Set to become the largest of its kind globally, the new plant will be constructed… Read more »

New Ultra-Low Carbon Steel Facility to Anchor RiverPlex MegaPark and Transform Regional Economy Hyundai Motor Group has announced a groundbreaking $5.8 billion investment in Donaldsonville, Louisiana, marking a historic milestone in the state’s economic development. This first-of-its-kind facility, Hyundai’s inaugural North American steel plant, will establish a fully integrated, made-in-America supply chain to support its… Read more »

GONZALES, La. – John H. Carter Co./ControlWorx LLC announced plans to build a $69 million, 285,000-square-foot facility in Ascension Parish that will house products and services designed to support key industries in Louisiana and nearby states that include oil and gas, refining chemical, power, renewable energy and pulp and paper production. The project will establish… Read more »

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to Ascension Parish Government in Gonzales, Louisiana, for roadway infrastructure improvements at the RiverPlex MegaPark. This grant will support clean energy business growth in the region. This EDA investment will be matched with… Read more »

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… Read more »

MODESTE, La. – CF Industries Holdings, Inc., the world’s largest producer of ammonia, announced it is evaluating the feasibility of constructing a low-carbon clean ammonia production plant at its Blue Point Complex in Ascension Parish. The proposed new facility is expected to cost over $2 billion and would be developed jointly by CF Industries and… Read more »

Monarch Energy, an energy company focused on decarbonizing the hydrogen production process, announced it is exploring building a $426 million facility in Ascension Parish. The company estimates the proposed facility would employ a carbon-free process to manufacture 120,000 kilograms of hydrogen per day to be sold as a “green” feedstock for a wide range of… Read more »