By oldedude March 24, 2025 7:54 pm Category: Machinery & Tools (0.0 from 0 votes)
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True to his word, and far more than pedojoe could put together in four years. Steel was somethig trumpster wanted to bring back to the US. First, Japan, then China ate up all of our steel making. So to bring back the US steel workers is a boom to the blue-collar workers. Good pay, overtime, medical care and 2.7 Metric tons (or 1.3 US Tons) of steel every year. This should be in bar, wire, and sheets, and perhaps molds for their cars.
Manufacturing has employed a fairly steady 140K in the state although in Jan, 2021, it dipped to ~127K and has steadily crept up. The past year has been steady. Lots of folks need jobs in the state. Many of those are minority blue collar workers. Louisiana has 4.56 million people, predominantly White (59.45%) and Black (31.56%). Here are some other stats;
4.2% of the population, contributing $6.3 billion in income and $1.5 billion in taxes.
27% of adults have a bachelor’s degree, below the national average of 36.2%.
Unemployment is 4.1%, with job openings decreasing and hires increasing.
Hyundai, Trump announce $21 billion US investment, new steel plant
South Korea's Hyundai Motor Group announced a $21 billion investment in the United States with President Donald Trump at the White House on Monday.
The investment includes a new Bold$5.8 billion Hyundai Steel plant in Louisiana that will produce over 2.7 million metric tons of steel annually, creating Boldmore than 1,400 jobs. The steel plant is expected to supply steel to auto plants in Alabama and Georgia.
Of the total, Hyundai also plans to invest $9 billion by 2028 to boost U.S. production capacity to 1.2 million vehicles in the United States and $6 billion to expand strategic partnerships with U.S. companies in autonomous driving, robotics, artificial intelligence, and advanced air mobility, the company said.
Hyundai Motor plans to hold an opening ceremony for its new $7.59 billion car and battery factory in Georgia on Wednesday. The automaker has a factory in Alabama, while its affiliate Kia has a plant in Georgia. The two older plants can produce 700,000 vehicles a year and the new Georgia plant will have a 300,000-vehicle production capacity when fully operational.
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