CF Industries Holdings Invests $4 Billion in Right to Work Louisiana
CF Industries Holdings is investing a total of $4 billion in order to establish operations in Right to Work Ascension Parish, Louisiana. As a result, the company will create 103 new jobs. All told, this will be an incredible economic addition to the area!
From Area Development Magazine:
“CF Industries and our partners are proud to bring the world’s most advanced low-carbon ammonia production facility to Louisiana and the West Bank of Ascension Parish. […] Our project will be uniquely advantaged to meet global customer demand for low-carbon ammonia thanks to Louisiana’s skilled workforce, strong business environment, ample natural resources, and access to carbon capture and sequestration. We appreciate the support from Governor Landry and his team, as well as from Ascension Parish and local leaders, that enabled this industry-leading project to become a reality.” […]
“Louisiana is experiencing an unprecedented wave of momentum that is fostering innovation, creating opportunities and putting our state on the global stage. […] When forward-thinking manufacturing leaders like CF Industries make investments in new energy technology, the world sits up and takes notice. We thank CF Industries for choosing to expand its footprint in Louisiana, and we look forward to many more years of partnership ahead that will drive industry advancements and impact.” […]
“This project’s progression from feasibility to full realization is a significant win for our region. […] We are committed to supporting CF Industries’ growth in the Baton Rouge area and anticipate significant economic benefits from the continued development of the RiverPlex MegaPark.”
“This is the kind of win we work toward every day — bringing meaningful, lasting opportunities to the areas that need them most. […] It’s a sign that our local economy is on the rise and that clean energy innovation is happening right here in our backyard.”
To read the previous economic update on Right to Work states, click here.