Louisiana is home to strong traditional industries, such as petrochemicals and shipbuilding, as well as newer growth industries with strong foundations in technology and research.
Louisiana’s strong infrastructure, workforce, logistics and regulatory scheme to make it an ideal home for energy companies, both large and small. With 19 operating refineries, Louisiana was second only to Texas in both total and operating refinery capacity. With the Louisiana Offshore Oil Port (LOOP), the only port in the United States capable of offloading deep draft tanker, Louisiana is a world class hub for the Oil & Gas sector.
The Louisiana agricultural industry has experienced tremendous productivity in recent years, establishing record yields for most major commodities. Innovative research centers and a wealth of raw materials help to keep Louisiana’s billion-dollar agribusiness healthy and thriving.
Louisiana ranks second in the nation in the primary production of petrochemicals. More than 100 major chemical plants are located in the state, producing a variety of “building block” chemicals, fertilizers, and plastics. The chemical industry remains a key pillar to the foundation of the Louisiana economy and shares a rich history with the people of the Pelican State.
The Louisiana manufacturing industry has a broad and diverse base. Louisiana produces business telephone systems, assembles light trucks, manufactures electrical equipment, produces pharmaceuticals, glass products, and automobile batteries, as well as specialized vehicles and equipment. The State’s favorable income tax and strong infrastructure provide the resources companies need to thrive.
Louisiana’s seafood industry catches about 25 percent of all the seafood landed in the United States and hold the record for the largest catch ever landed in a single year, 1.9 billion pounds. The state is the largest producer of shrimp and oyster in the U.S., while menhaden, crab, butterfish, drum, redsnapper, tuna, and tile fish are also plentiful. The state’s freshwater fisheries are some of the most productive and diverse in the country.
Minerals and Ores
Louisiana has immense quantities of minerals, particularly salt, contained beneath its surface. The salts lie in huge underground formations, some of which are a mile across and up to 50,000 feet deep, many of which produce almost pure rock salt. Additionally, the first sulphur mines in the United States came from Louisiana and the state is still a principal producer of the mineral.
Beverages and Tobacco
The state’s strong agricultural production has boosted the food, beverage, and tobacco industry, where is supports over a dozen rice mills, seven sugar refineries, as well a healthy beer and spirits industry. As the sole source of perique tobacco, Louisiana’s role in the tobacco industry remains important both historically and practically.
Louisiana shipyards build every kind of seafaring vessel, from the latest cryogenic ships to some of the largest oil and natural gas rigs in the world. Merchant ships, Coast Guard cutters, barges, tugs, fishing vessels, pleasure craft, and river boats are all built and maintained in Louisiana’s shipyards and dry-docks.