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Business Report: The $50 billion boom

Paul Stratford spent a dozen years of his career working for ExxonMobil in Singapore. North American manufacturing was stagnant, and Southeast Asia was the place to be.

But two and a half years ago, he was named manager of ExxonMobil's Baton Rouge Chemical Plant, just in time to announce a $215 million expansion.

The reason? Baton Rouge is now the place to be.

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