Louisiana’s Industrial Employment Jumped 2.9% over Past Year

  Louisiana’s Industrial Employment Jumped 2.9% over Past Year

Business Wire

EVANSTON, Ill. -- July 15, 2013

Manufacturers’ News, Inc./-- For the second year in a row, industrial
employment in Louisiana posted a gain, according to the 2013 Louisiana
Manufacturers Register^®, an industrial directory published annually by
Manufacturers’ News, Inc. (MNI) Evanston, IL. MNI reports Louisiana gained
5,685 manufacturing jobs from May 2012 to May 2013, or 2.9% - - more than
double the gain MNI reported for the 2011-2012 survey period, and two
percentage points above the national average gain as reported by the Labor
Department.

Manufacturers’ News reports Louisiana is now home to 5,264 manufacturers
employing 196,432 workers.

“Louisiana’s industrial climate continues to improve,” says Tom Dubin,
President of the Evanston, IL-based publishing company, which has been
surveying industry since 1912. “The state’s abundant natural resources and
friendly business environment continue to result in many companies investing
in its industrial sector, particularly those in the oil & gas and chemicals
industries.”

According to MNI, employment in oil & gas extraction rose 17.2% in Louisiana
over the survey period, with the third-ranking sector currently accounting for
22,824 of the state’s industrial jobs. Oil and gas companies that have
announced plans to locate facilities in Louisiana included South Africa-based
Sasol, which will open a natural gas to diesel plant in Westlake; and
Methanex, which recently announced it would open a second ethanol plant in
Geismar.

MNI reports employment in Louisiana’s chemicals sector increased 1.4%, and
currently ranks first in the state for industrial employment at 25,296 jobs.
Bright spots for the chemicals industry included Dyno Nobel’s plans to build
an ammonia plant in Jefferson Parish; the expansion of Nalco’s dry polymer
plant in Garyville; the expansion of two ExxonMobil chemical plants in Baton
Rouge and Port Allen; and the recent opening of Myriant’s biochemical
production facility in Lake Providence.

Other sectors to gain jobs included transportation equipment, up 7.8% and
industrial machinery & equipment, up 5.2%. Fabricated metals, primary metals,
and instruments/related products were each up 2.8%, while textiles/apparel
rose 2.5%. Losses were seen in electronics, down 12.5%; printing/publishing,
down 5.4%; furniture/fixtures, down 2.6%; paper products, down 2.2%; and
stone/clay/glass, down 1.1%.

Industrial locations closing down included PepsiCo’s bottling plant in St.
John the Baptist Parish; International Paper’s container plant in Minden; and
Hostess-operated Cotton Brothers Bakery in Alexandria.

Gains were spread out across all regions of the state, according to MNI.
Southeast Louisiana accounts for the most industrial employment in the state
with 99,543 jobs, up 2% over the past twelve months. Southwest Louisiana
accounts for 57,231 jobs, up 6.8%, while the Northwest region accounts for
28,743 jobs, up a half percent. The Northeast region is home to 10,915
industrial workers, up 1.8%.

MNI’s city data shows Baton Rouge remains Louisiana’s top city for
manufacturing employment, with 15,654 industrial jobs, virtually unchanged
over the survey period. Second-ranked Houma accounts for 10,248 jobs, up 13%,
while industrial employment in Shreveport increased 2.1% over the year, and is
currently home to 10,245 jobs. Lafayette accounts for 9,624 jobs, up 7.1%,
while New Orleans is home to 9,159 jobs, up 1.7%.

Detailed profiles of Louisiana’s 5,264 manufacturing companies and 1,166
distributors can be found in the 2013 Louisiana Manufacturers Register^®
available in print for $111, or available online through MNI’s industrial
database subscription service EZSelect.com. Users may generate custom profiles
of manufacturers using a variety of criteria, including region, SIC, sales
volume, number of employees, and more. Each business profile provides up to 30
facts, including vital contact information, 19,367 executives by name and
title, product(s) manufactured, and more.

Manufacturers’ News, Inc. is the nation’s oldest and largest publisher of
state industrial directories and manufacturers databases. For 101 years the
company has identified, researched and profiled manufacturing companies. MNI
employs an 85-person editorial staff to scour business registrations, trade
journals, financial reports, and many other sources to pinpoint every
manufacturing establishment in the U.S. Each manufacturer is contacted
throughout the year to update their profiles, including their employee counts.
For more information, contact Manufacturers’ News, Inc., 1633 Central St.,
Evanston, IL, 60201, 847-864-7000, http://www.manufacturersnews.com.

Contact:

Manufacturers’ News, Inc.
Jennifer Ratcliff, (847) 864-9440 ext. 241
jratcliff@manufacturersnews.com