By rssfeeds-admin According to a report from The Advocate, Hyundai Motor Group is expected to announce plans for a $5 billion steel mill in Ascension Parish aimed at supplying its U.S. assembly plants. The new plant would reportedly create 1,500 full-time jobs.
The Advocate reports that the new facility would be built near Donaldsonville on land previously rezoned for industrial use, but Louisiana First News has not independently confirmed these details.
Gov. Landry’s office has yet to comment on the announcement’s specifics but stated he would join the president at the White House for what “promises to be a transformational moment for Louisiana.”
The announcement is scheduled for 1 p.m. central time. Watch it live in this article.
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