Category: Uncategorized

CF Industries, JERA, and Mitsui Announce $4 Billion Investment to Build World’s Largest Low-Carbon Ammonia Facility in Louisiana

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 »

Hyundai Motor Group to invest $5.8 billion in a new manufacturing facility in Ascension Parish, Louisiana

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 »

John H. Carter Co. Announces $69 Million Center for Industrial Excellence in Gonzales

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 »

U.S. Department of Commerce Invests $2.3 Million for Infrastructure Improvements to Support Clean Energy Business Growth in Gonzales, Louisiana

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 »

Ascension Parish Earns Prestigious Title of ‘Small Market of the Year’ for Exemplary Economic Development Achievements

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 »

CF Industries Evaluating New $2 Billion Low-Carbon Ammonia Production Facility in Ascension Parish

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 Proposes $426 Million Investment to Create Carbon-Free Hydrogen Production Facility in Ascension Parish

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 »

Celebrating Collaboration: Local Industry Champions Featured in Inspiring Video Series Promoting Community Involvement and Business Impact

FOR IMMEDIATE RELEASE: JULY 28, 2023 Contact Information: Kate MacArthur, kmacarthur@ascensionedc.com, 225-644-1750 Celebrating Collaboration: Local Industry Champions Featured in Inspiring Video Series Promoting Community Involvement and Business Impact GONZALES, LA — In a groundbreaking endeavor to shed light on the profound impact of industrial businesses on our community, Ascension Economic Development Corporation (AEDC) proudly presents… Read more »

Element 25 Proposes EV Battery Materials Facility in Ascension Parish

Australia-based company’s $480 million investment would create 628 new Capital Region jobs BATON ROUGE, La. – Element 25, an Australian mining company, announced it is exploring plans to invest $480 million across two phases to build a high-purity manganese sulfate monohydrate production facility in Ascension Parish. The new facility would be the first in the… Read more »