BUSINESSBATON ROUGE BUSINESS REPORT
MegaPark’s $10B in investments sets the stage for Ascension’s next boom
The RiverPlex MegaPark in Ascension Parish is poised to become a major Gulf Coast industrial hub with $10 billion in announced investments, including projects by Hyundai-POSCO Louisiana Steel, CF Industries, and Linde. Ascension Economic Development Corporation aims to expand infrastructure and attract complementary sectors like advanced manufacturing and clean energy, with plans to operationalize key projects within five years.
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