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Experts say 2nd industrial revolution starting in La.

2 years ago Monday, January 28, 2013 3:49:40 PM CST January 28, 2013 Monday, January 28 2013 Jan 28, 2013 in News
Source: WBRZ

BATON ROUGE-  A new LSU energy report shows industry will invest $60 billion dollars in Louisiana projects over the next decade.

The investments are tied to Louisiana's natural gas resources and production development, and expected to generate more than $20 billion directly to the state economy.

Louisiana Chemical Association President Dan Borne says 30,000 new jobs could be added to the Baton Rouge and Lake Charles markets. He tells News 2 there are nearly six jobs created in outside jobs for every plant job added. 

LSU professor David Dismukes calls it a new industrial revolution for Louisiana. He says the natural gas plans will benefit everything from gas to liquids facilities to petrochemical sites and mills.

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