Why Mitsubishi Chemical is pulling the plug on its $1.3B Geismar plant
Mitsubishi Chemical Corp. is pulling out of its plans to build a $1.3 billion methyl methacrylate, or MMA, monomer plant in Geismar, the company announced...
Hyundai plans new multibillion dollar steel mill in Ascension Parish
Korean auto giant Hyundai is planning to build a multibillion dollar steel mill in Ascension Parish to supply its Hyundai and Kia vehicle assembly...
Why Louisiana is in a ‘sweet spot’ for attracting tech giants
State officials are making a concerted effort to position Louisiana as a leader in the realm of AI—and that effort appears to be paying...
US manufacturing closes 2024 on a positive note
A measure of U.S. factory activity advanced in December for a second consecutive month as orders and production picked up, suggesting the cloud over...
Manufacturing sector still struggling to find workers
While other sectors of the economy have recovered from pandemic-era labor shortages, plant owners are struggling to fill open positions at factories, The Wall...
Vale to build iron ore briquette plant in Louisiana
Brazilian mining company Vale announced this week that it will develop an industrial-scale briquette plant at an undisclosed location between Baton Rouge and New...
West Feliciana Parish lands $12 billion AI data center
Hut 8, a bitcoin miner headquartered in Miami, is planning to build a massive AI data center in West Feliciana Parish.
The company will invest...
Low U.S. natural gas prices are fueling Louisiana’s chemical boom
Louisiana’s chemical sector continues to benefit from one decisive advantage: natural gas prices that significantly undercut those in Europe and Asia.
That’s according to economist...
Activist investor calls for Honeywell breakup
Activist investor Elliott Investment Management has amassed a $5 billion stake in Honeywell International and is calling on the company to break itself apart,...
Who bought this Prairieville industrial property near I-10 for $1.1M?
A 13,500-square-foot industrial building was sold in Prairieville to continue as an industrial wholesale location for rigging products.
Greg Denova purchased the property through American...
