Hyundai Steel Celebrates Louisiana EAF Steel Mill Project Launch, Driving Growth for U.S. Manufacturing | Prnewswire

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Hyundai Steel Celebrates Louisiana EAF Steel Mill Project Launch, Driving Growth for U.S. Manufacturing

• $5.8 billion investment part of Hyundai Motor Group’s $26 billion U.S. commitment, strengthening local supply chain and industrial resilience
• Commercial production to begin in 2029 with 2.7 million metric tons annual capacity, supporting 5,400 jobs including 1,300 direct employments
• First Electric Arc Furnace-based integrated steel mill in the U.S., leveraging advanced technologies including Direct Reduction Process
• Supplying high-quality, low-carbon emissions steel to global automakers including Hyundai Motor and Kia

SEOUL, South Korea and ASCENSION PARISH, La., Sept. 5, 2026 /PRNewswire/ — Hyundai Steel Company held a ceremonial event today for a $5.8 billion Electric Arc Furnace-based integrated steel mill in Louisiana, the first of its kind in North America, marking a pivotal moment in strengthening U.S. manufacturing resurgence.

(From left) Gang Hyun Seo, Hyundai Motor Group President; Kwang-moo Kim, Senior Executive Vice President; Leroy Sullivan, Mayor of Donalsonville; José Muñoz, President and CEO of Hyundai Motor Company; Susan Bourgeois, Louisiana Economic Development Secretary; Julia Letlow, U.S. Representative; Kyung-wha Kang, South Korean Ambassador to the U.S.; In-hwa Chang, POSCO Group Chairman; Jeff Landry, Louisiana Governor; Euisun Chung, Hyundai Motor Group Executive Chair; Troy Carter, U.S. Representative; Jung-kwan Kim, Korea’s Minister of Trade, Industry and Resources; William Kimmitt, U.S. Under Secretary of Commerce for International Trade; Bo-Ryong Lee, President and CEO of Hyundai Steel; Clint Cointment, Ascension Parish President; Ho Sung Song, President and CEO of Kia Corporation; Sung Kim, Hyundai Motor Group President; Cortaz Johnson, Student of River Parishes Community College (RPCC)

Under the slogan of “Building the Future of Steel, Together with Louisiana,” the ceremonial event took place at the RiverPlex MegaPark in Ascension Parish, Louisiana. The new mill will be operated by HYUNDAI-POSCO Louisiana Steel LLC (HPLS), a joint venture between Hyundai Steel, POSCO, Hyundai Motor Company and Kia Corporation.

The $5.8 billion investment establishes the first North American steel production base for Hyundai Steel, Hyundai Motor Group’s steelmaking arm. With commercial production targeted for 2029, the mill will have an annual capacity of 2.7 million metric tons of hot-rolled and cold-rolled steel sheets, primarily for automotive applications, and is expected to create 5,400 jobs, including 1,300 direct positions.

“As America strengthens its manufacturing leadership, steel will continue to power the next chapter of its industrial resurgence,” said Hyundai Motor Group Executive Chair Euisun Chung. “We are proud to contribute to that vision and to the future of ‘Made in America’. Together, we will turn our shared ambitions into greater productivity and prosperity.”

Advancing Hyundai Motor Group’s Commitment to U.S. Manufacturing

The Louisiana steel mill is a cornerstone of Hyundai Motor Group’s $26 billion U.S. investment commitment through 2028, announced in 2025. This strategic initiative represents Hyundai Motor Group’s significant expansion in the U.S. spanning automotive production, advanced steelmaking, robotics innovation, and other key sectors—establishing a fully integrated ecosystem expanding the U.S. manufacturing footprint and mobility value chain. Since entering the U.S. market in 1986, Hyundai Motor Group has invested more than $20.5 billion.

About Hyundai Steel

More information about Hyundai Steel, please see: https://hyundai-steel.com/en

About HYUNDAI-POSCO Louisiana Steel (HPLS)

More information about HPLS can be found at: https://www.linkedin.com/company/hyundai-posco-louisiana-steel/

About Hyundai Motor Group
More information about Hyundai Motor Group can be found at: http://www.hyundaimotorgroup.com or Newsroom: Media Hub by Hyundai, Kia Global Newsroom, Genesis Newsroom

This article was produced by Cision PR Newswire, our trusted news partner. The views expressed and the content presented here are solely those of the author and may not fully reflect the opinions of Thailand Business News.
Read the original article : Hyundai Steel Celebrates Louisiana EAF Steel Mill Project Launch, Driving Growth for U.S. Manufacturing



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The Protocase Companies Mark Major U.S. Manufacturing Milestone With Launch of Laser Cutting Operations in Wilmington

Latest Investment Expands Production Capacity and Strengthens the Company’s Growing U.S. Manufacturing Footprint

WILMINGTON, NC – July 9, 2026 (NEWMEDIAWIRE) – The Protocase Companies today announced the launch of laser cutting operations at its Wilmington, North Carolina manufacturing facility, marking a major milestone in the company’s continued expansion of its U.S. manufacturing footprint. The first production parts were successfully cut on July 7, bringing one of Protocase’s foundational manufacturing capabilities to its rapidly growing U.S. operation.

Laser cutting is one of the core technologies behind Protocase’s proprietary High Velocity Mass Customization (HVMC) manufacturing model. Bringing the capability to Wilmington establishes end-to-end precision sheet metal fabrication within the company’s U.S. operation, increases production capacity and supports the fast turnaround times customers rely on for custom-manufactured parts.

The milestone comes during a period of rapid growth for the company’s North Carolina operations. Between May and July, The Protocase Companies grew its Wilmington workforce from 39 employees to 72 while continuing to expand production inside its 20,900-square-foot manufacturing facility. The investment reflects the company’s long-term commitment to growing advanced manufacturing capacity in the United States while creating highly skilled manufacturing careers in southeastern North Carolina.

“High Velocity Mass Customization isn’t just about the equipment. It’s about how experienced people, proven systems, smart facilities, and years of proven advanced manufacturing know-how work in harmony together. Bringing laser cutting to Wilmington is another step in building a stronger manufacturing operation. Every capability we add gives us more capacity to serve customers while maintaining the speed and quality they’ve come to expect from Protocase,” said Co-founder and Vice President Dr. Doug Milburn.

For engineers, researchers and product developers, manufacturing speed often determines how quickly ideas become prototypes, products and breakthroughs. Expanding core production capabilities in Wilmington enables Protocase to move more projects from design to finished parts in days instead of weeks, helping customers accelerate development without compromising precision or quality.

Protocase is already investing in the next phase of its Wilmington expansion. A dedicated CNC machining operation is planned to further broaden its U.S. manufacturing capabilities, while exploratory plans are underway for a larger Wilmington campus that would include expanded manufacturing space and corporate offices to support continued growth.

With laser cutting now online and additional investments already underway, Wilmington is becoming an increasingly important manufacturing hub for The Protocase Companies. Each new capability strengthens the company’s ability to deliver rapid, custom manufacturing to engineers, innovators and organizations across the United States and around the world.

About The Protocase Companies

The Protocase Companies are leaders in rapid custom manufacturing, advanced computing infrastructure and precision manufacturing solutions. Through Protocase, the company pioneered its High Velocity Mass Customization manufacturing model, enabling engineers, researchers and innovators to receive precision sheet metal parts, CNC machined components and custom electronic enclosures in days rather than weeks. The Protocase Companies also include 45Drives, a leader in open-source data storage and private cloud infrastructure, and ProtoSpace Manufacturing, which provides advanced precision manufacturing services. Headquartered in Sydney, Nova Scotia, with a rapidly expanding U.S. manufacturing operation in Wilmington, North Carolina, The Protocase Companies serve customers across aerospace, defense, robotics, scientific research, advanced computing, industrial technology and other innovation-driven industries worldwide.

Contact: 
Jon Lindsay Phillips
Protocase@PhillComm.Global

View the original release on www.newmediawire.com

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Argonne and the Department of Energy Launch New Partnership to Speed up U.S. Manufacturing Innovation | Press Releases

The U.S. Department of Energy’s (DOE) Argonne National Laboratory has launched a new effort to help American companies develop and scale new products and manufacturing technologies more quickly.

Called the “National Science-at-Scale Collaborative,” the effort is supported by DOE’s Office of Critical Materials and Energy Innovation (CMEI). The collaborative brings together industry, government and the national laboratories to address complex challenges in critical materials and chemical manufacturing in the United States.

Argonne will work with industry partners on projects designed to move promising technologies from research to commercial production faster. Researchers will use advanced computer modeling, artificial intelligence, rapid synthesis tools and pilot-scale manufacturing systems at Argonne’s Materials Engineering Research Facility to help companies test and scale new production processes.

“American manufacturing has an opportunity to lead the next generation of innovation in critical materials and chemical processing,” said Paul Kearns, director of Argonne. “The National Science-at-Scale Collaborative will help connect discovery, engineering and deployment in ways that strengthen U.S. competitiveness and advance our economic security.”

The announcement followed an industry roundtable chaired by CMEI. Leaders from the chemical and critical materials sectors met to discuss manufacturing challenges and opportunities for collaboration.

“To compete globally, the U.S. must bring new technologies into domestic production more quickly,” said Assistant Secretary of Energy Audrey Robertson. “This collaborative will help connect DOE, the national laboratories and private industry to speed up that process.”

The collaborative supports CMEI’s broader mission to strengthen America’s critical minerals supply chains and accelerate next-generation energy technologies.

Industry roundtable participants list:

• DOE: Critical Minerals and Energy Innovation Office.
• National Laboratory System: Argonne National Laboratory.
• Manufacturers: Aclara, Albemarle, ATALCO, BASF North America, Chemours, Dow, Entegris, Exxon Mobil, Orbia and Standard Lithium.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260610953163/en/

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CFDA & Ralph Lauren launch grants to boost US fashion manufacturing

The Council of Fashion Designers of America (CFDA) announced two new initiatives designed to strengthen American fashion manufacturing, drive innovation, support workforce development, and promote economic growth in key apparel-producing regions across the country.

The CFDA x NY Forward Grant Fund, developed with funding from both the New York State Department of State and Ralph Lauren Corporation (Ralph Lauren), will provide partially matching grants to designers and manufacturers based in New York City’s Garment District. The U.S. Fashion Manufacturing Fund, created with Ralph Lauren as founding partner, will support apparel manufacturers nationwide. Both programs aim to help companies to modernize equipment, expand services, and train workers – building the capacity and resilience of American fashion manufacturing.

CFDA has launched two new grant programmes with Ralph Lauren to strengthen American fashion manufacturing.
The CFDA x NY Forward Grant Fund will support New York City’s Garment District, while the US Fashion Manufacturing Fund will aid manufacturers nationwide, focusing on modernisation, workforce training, innovation and long-term industry resilience.

These programs build on the success of the CFDA’s Fashion Manufacturing Initiative (FMI), launched in 2013 in affiliation with the New York City Economic Development Corporation (NYCEDC), Andrew Rosen, and with the long-term support of Ralph Lauren, among others. To date, Ralph Lauren has contributed $2 million as FMI’s Premier Underwriter, enabling grants to 54 factories and positively impacting more than 2,000 jobs.

“Strengthening American manufacturing to ensure designers have local partners has long been at the core of CFDA’s mission,” said Steven Kolb, CEO and President of the CFDA. “We are proud to extend our decade-plus work with Ralph Lauren Corporation and expand to a national level while also continuing our local NYC investments alongside our first-ever partnership with the New York State Department of State.”

Together, these new grant programs mark a landmark commitment: sustaining New York’s Garment District while bolstering U.S. manufacturing nationwide — ensuring that American fashion continues to lead globally through innovation, craftsmanship and community.

“Our expanded partnership with the CFDA reflects Ralph Lauren’s enduring commitment to advancing innovation and supporting American fashion,” said Katie Ioanilli, Chief Global Impact & Communications Officer, Ralph Lauren Corporation. “This is not only an investment in our industry — it’s an investment in a vital part of American culture that we share with the world.”

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (RM)

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