BATON ROUGE — LSU has entered a partnership with Hyundai Steel for the South Korean company’s $5.8 billion plant in Ascension Parish, a decision that local advocacy groups say will cause more harm than it will bring economic benefits.
The LSU-Hyundai deal will be formally unveiled at a signing ceremony at the LSU Foundation Center for Philanthropy on Tuesday at 1:45 p.m. LSU says the partnership “will focus on efficiently manufacturing stronger, higher-quality steel and developing a long-term, skilled workforce pipeline for the industry.”
Ashley Gaignard, the founder and director of Donaldsonville-based Rural Roots Louisiana, decried the expansion of Hyundai into Louisiana through deals with LSU and support from state leadership…