March 26, 2025

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What they’re saying about Hyundai’s $5.8 billion investment in Ascension Parish

  • March 24, 2025

“Louisiana wins again,” was the headline as Gov. Jeff Landry and Louisiana Economic Development trumpeted the official announcement of the $5.8 billion Hyundai steel plant planned for the Donaldsonville area of Ascension Parish. President Donald Trump hosted Landry and several elected officials in the Roosevelt Room of the White House to deliver the monumental news

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Investment

Hyundai plans fresh $20 billion investment in US, including new Louisiana steel plant, as tariff threats loom

  • March 24, 2025

Hyundai announced plans Monday to invest a fresh $20 billion in the US, including a new steel plant in Louisiana — making the South Korean automaker the latest major foreign firm to move more operations to America to avoid looming tariffs. “Money is pouring in, and we want to keep it that way,” President Trump said at the White House. “This investment is a clear

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