Basic industries are a great choice if you’re looking for stability and job security. The best paying jobs in basic industries provide products or raw materials to other industries like iron and steel, copper melting, and aluminum smelting.
Basic industries are recession-proof. This means that jobs in these industries are always in high demand, regardless of economic conditions. Basic industry jobs often come with great benefits and pensions, making them attractive for those considering changing careers.
This work may only be proper for you if you’re prepared. This article will cover everything you need to know regarding Basic Industries and the best paying jobs in basic industries.
What are Basic Industries?
Basic industries are the ones that produce essential goods and services, which form the foundation for other industries.
These industries are more labor-intensive than others but have a higher profit margin due to low production costs. Retail, food services and wholesale trade are the basic industries with the highest-paying jobs.
The best paying jobs in basic industries are the ones that provide the raw materials needed for the manufacturing industry. These industries provide a broad range of products, including natural gas, petroleum, coal, and metals. These resources are essential for all economic sectors, including construction, agriculture, and transportation.
These industries provide goods and services to the public. This includes truck drivers, heavy equipment operators, construction workers, heavy equipment operators and heavy equipment owners.
The Benefits of Working In the Best Paying Jobs in Basic Industries
Working in basic industries can offer a variety of benefits for employees. Here are a few benefits:
Basic industries are generally considered stable. This means that they are less susceptible to economic downturns than other industries. This can give employees a sense of security, knowing that their jobs will not be affected by economic downturns.
2. Job satisfaction
Basic industry workers often report high levels of satisfaction with their jobs. This could be due to the stability of the industry and the satisfaction that comes with working in an essential industry to society.
3. Excellent pay and benefits
Basic industries offer their workers good benefits and pay. The best paying jobs in basic industries are often large and lucrative.
4. There are many opportunities for advancement.
Many basic industries offer employees the opportunity to grow their careers. These industries are often large and offer many positions.
5. Security of employment
Basic industry employees often have job security. This is due to the industry’s stability and the fact that these industries are vital to society.
What do basic industries jobs pay?
Basic jobs are more lucrative than other industries. Because many of the best paying jobs in basic industries positions require specialized skills, this is likely. Many jobs in engineering and construction require special training and experience, which can make it difficult for people to find them. Employers are willing to pay more for skilled workers.
Wages can vary depending on your occupation and other factors like education and experience. Workers in basic jobs, however, can expect to make above-average salaries.
The best paying jobs in basic industries pays an average hourly rate of $54, while hourly wages can range from $47 to $63. The individual pay rates of employees will vary depending on their job, department and location, skills, and education.
Categories of Basic Industries Companies
There are many different types of companies that offer the best paying Jobs. These include:
1. Agriculture Companies.
These companies are involved with the production of agricultural products and food. Agriculture is the primary source of raw materials. Which makes it the company that offer the best paying jobs in basic industries.
Agriculture accounts for a large portion of the nation’s imports and exports. It involves the cultivation of wheat, soybeans, corn, and Orchards of fruits or vegetables.
This sector offers many opportunities for employment, including animal scientists, agronomists and scientists of food.
2. Oil and Gas Companies
These companies are responsible for extracting and refining crude oil and natural gases. They are still one of the essential companies on a global level. It involves the exploration, transport, storage, purification, and operation and maintenance of refineries. which makes it one of the best paying jobs in basic industries. These makes it the company that offer the best paying jobs in basic industries.
You can enter the oil and gas category if you have relevant education and seek a career in the basic industries.
Some positions you might be interested in are:
- Oil rig worker
- Oilfield worker
- Engineer in petroleum geology
- Offshore worker
3. Paper and Pulp
Another category is the basic industry career path. It can be divided into several parts: packaging, hygiene products, and tissues. These makes it the company that offer the best paying jobs in basic industries.
Pulp is, however, used in the textile industry. You can find jobs in the pulp and paper sector, including:
- The operator of a pulp and paper plant.
4. Industrial Chemistry
Industrial chemistry is considered the core of entire industries. They create products that can be shipped to manufacturers as raw materials. These makes it the company that offer the best paying jobs in basic industries.
This involves the chemical transformation of raw materials into chemical solutions or gases. This field offers many jobs, including those a:
- Chemistry technician
- The operator of a plant
- Scientist for materials
5. Steel and Metal Companies
These companies are involved in the production of aluminum and steel. It is hard to overstate the importance of steel in the construction industry. Steel is needed for many building and real estate projects, including rail tracks, beams and pipelines.
You can do various jobs in the basic industries, including those under steel or metal:
- Fabricator of metals
- For tools and dies, the technician
- Sheet metal worker
6. Utilities Companies
These companies offer essential services like electricity, water, waste management, and other utilities. They are also in high demand as a majority of industries need them.
Utility services are essential for businesses and individual consumers to function. Workers are needed to work in power plants, water/sewer companies, and gas companies. These makes it the company that offer the best paying jobs in basic industries.
These are just a few of the many career opportunities that this career path offers:
- Installers are on the job
- Plant operators
- Inspector of utilities
7. Technician in Wastewater Treatment
Each year, the pharmaceutical industry employs many people. This industry is only for the best-qualified and most skilled people. They can earn a lot depending on their level of professionalism.
These are just a few of the many jobs in this industry:
- Scientists for animals
- Food scientist
- The plant scientist
8. Mining Companies
These companies are responsible for extracting minerals and other natural materials from the Earth. Minerals are essential raw materials that all industries require. Two phases make up the mining industry.
The exploration stage is where the minerals are discovered. There is also the planning and construction aspect. This includes obtaining permits and planning for mining. These makes it the company that offer the best paying jobs in basic industries.
Some of the jobs available are:
- Purchase Officer
- Geotechnical Engineer
- Mining Engineer
9. Textile Production Companies
Most people who work in textile production work in textile mills. These places are where cotton and other synthetic and natural fibers are transformed into yarn or thread. Fabric is then made, which can be used for everything from bedding and clothing to flooring and upholstery. These makes it the company that offer the best paying jobs in basic industries.
Some basic jobs in the textile industry include:
- The operator of a machine
- Textile converter
- Textile designer
- Textile technician
10. Wood and Pulp Companies
The forest products are harvested, then processed to make the final wood for furniture and structures.
Some trees can be harvested for paper production. This can also happen with the wood from sawmills that convert more giant trees into boards.
Pulp production is the first step in paper production. This pulp is used to make all kinds of paper products. This sector is the most important.
- The operator of a pulp/paper mill.
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How Many Jobs Are Available In Basic Industries?
There were more than 22,000 jobs in the basics industries in 2020. These fields can be used in any industry that isn’t part of the local economy. However, the end product could return to the local economy.
For example, soybeans may be grown on an American farm and harvested abroad. Then, they are returned to the local supermarket as packaged tofu products. This example shows how the same product can play different roles within the local economy.
Examples of Basic Industry Career Paths
You might have thought that smelting and farming were your only options if you were looking for a job in one of the entire industries. It’s not true! The following are career options available to those who want to work in the basics industries:
These professionals work with farmers as well as those who harvest large-scale crops. While this job will pay a decent salary, it will provide steady work. You will also be able to apply your knowledge of crops and management skills throughout your career.
2. Drilling Engineer
They can earn six figures per year by working with petroleum geologists to manage and oversee the oil and natural gas extraction processes. This field requires communication skills and practical knowledge.
As the name suggests, this professional is skilled in working with various metals. This professional may be associated with miners or visit the sites where the mines are processed their materials. This occupation requires a working knowledge of metals and chemistry and safety skills.
4. Health and Safety Officers
Basic industry employees are often warned about the hazards and risks involved in their job when they receive their initial training. For example, miners work in below-ground conditions, which can threaten their safety.
They may be hurt if exposed to metals, large farm machinery, or chemicals. Safety and health officers oversee the safety protocols and training at each site. They also document work-related injuries.
5. Related Business Services
You’re in luck if you plan to study business or transition to basic industries with a finance or business degree. Like most other work areas, the basic industries require people knowledgeable in finance, manufacturing, marketing and business.
So what Companies are in the basic industries field in 2022?
Companies that are strong in the field of Basic Industries and can keep their position in the market are the best. They can adapt to changing customer needs and trends. This is a list of companies that have managed to stay ahead of their competitors for an extended period.
DuPont has been in operation for more than 170 years. DuPont is one of the largest chemical companies in the world and produces a wide range of products, including Lycra, Kevlar and Teflon.
The DuPont Company is also well-known for its brand-name clothing brands. In 2008, they launched their first line under “DuPont.” DuPont Company was established in 1802 by Pierre Samuel du Pont de Nemours as a gunpowder manufacturer. Later, it expanded into other industries like textiles and chemicals.
DuPont Company started making polymers in the 1950s. They are today the largest producer of polymers worldwide. DuPont Company was ranked among the Fortune 500 List of America’s largest corporations in 2018.
BASF, one of the most prominent chemical companies in the world, has been around since 1865. The global company employs over 110,000 people and has a turnover of EUR65 Billion annually.
Friedrich Engelhorn, a son of a Ludwigshafen pharmacist, founded BASF in 1865. BASF manufactures agricultural chemicals, plastics and coatings, and specialty chemicals used in everyday products such as paints, food additives and soaps. It also produces products for industrial use, such as dyestuffs or pigments.
The company’s headquarters are located in Ludwigshafen am Rhein (Germany). BASF has production facilities across all continents except Antarctica.
3. LyondellBasell Industries NV
LyondellBasell Industries, a multinational chemical company, headquartered in The Netherlands, is LyondellBasell Industries. It is the largest producer of polyethylene (a type of plastic) and polypropylene (a second type).
LyondellBasell Industries was established in 1935 by merging two companies, Lyondell Chemical Company (and Basell Polymer Company). LyondellBasell Industries purchased Baker Hughes in an all-stock transaction worth $34 billion.
4. Dow Chemical Company
Dow Chemical Company, a chemical and material company, is listed on New York Stock Exchange. It was founded in 1897 and had its headquarters in Midland, Michigan.
Dow Chemical Company’s market capitalization is $59 billion. It has three segments: Industrial Chemicals and Agricultural Solutions. Specialty Products are its main product lines.
Dow Chemical Company’s primary product line is its industrial chemicals segment, which includes plastics and polymers. Dow’s largest customers are major industrial players such as General Electric (G.E.) and Chevron Corporation.
5. General Electric Co
General Electric is a conglomerate holding company that is multinational. Its headquarters are located in Fairfield, Connecticut, United States.
General Electric was established in 1892 by Thomas Edison, Henry Ford and others. It is #45 on the Fortune 500 List of the United States’ most prominent companies.
General Electric Co. (G.E.), an American multinational conglomerate holding firm, is headquartered in Fairfield, Connecticut, United States. The company is divided into three segments: Power & Water, and Renewable Energy.
6. Honeywell International Inc
Honeywell International Inc. is a global leader in aerospace, building technology, and industrial products. Honeywell International Inc. is a global leader in the aerospace, industrial products, and building technologies industries.
The company’s headquarters is in Morristown, New Jersey. Honeywell International was established by W. L. Gore and Associates as the Gore-Tex Company in 1968 to produce Gore-Tex fabric suitable for waterproof clothing.
7. Akzo Nobel N.V
Akzo Nobel, a global leader in paints, coatings and chemicals, is committed to innovation. They are the most significant global paint producer and have been in business for four centuries.
Akzo Nobel N.V. is an international paint manufacturer with a focus on innovation. Akzo Nobel was founded in 1867 by Coenraad Johannes Van der Parren van Amsbergen, a Dutch businessman. It has been in operation for over four centuries. Akzo Nobel is the world’s largest paint producer.
Akzo Nobel manufactures paints, coatings and chemicals that protect buildings against weathering, pollution, corrosion, and other external factors. Akzo Nobel also makes eco-friendly products like “green” coatings, which reduce harmful emissions and protect against U.V. radiation.
8. Arkema Inc
Arkema is a French chemical company that specializes in plastics, industrial chemicals, and other materials. It is one of the largest chemical companies in the world.
Arkema Inc was founded by Eugène Schueller in 1872 and has been a publicly traded company since 1969. The company employs around 10,000 people worldwide and has its headquarters in La Courneuve, France.
Arkema’s main business areas are chemicals for plastics; industrial chemicals; functional materials for coatings, electronic devices, paints, and adhesives; health care products for cosmetics and pharmaceuticals; construction materials for buildings, bridges, and roads; and renewable energy.
In 1998, Arkema began its self-sustaining program for eco-responsible development. The program is based on three principles: “Sustainable Business Development”, “Sustainable Governance” and “Sustainable Socio-Environment”. The company has obtained the ISO 14001 Environmental Management System certification.
9. UOP LLC
UOP LLC Company specializes in testing and evaluating digital marketing strategies. They provide various services, including paid search and social media marketing campaigns.
UOP LLC is a leading digital marketing agency in the world. The team includes over 100 experts from their respective fields. Their customers have received high-quality services for over 20 years.
UOP LLC can offer quality services because they constantly update its methods and adopt new technologies.
Is Basic Industry a Good Career Path?
These are just a few examples of the many career options available in the basic industry. Although many basic industry jobs aren’t considered lucrative by national standards, they can offer job security and stability.
According to the Bureau of Labor Statistics, jobs in the basic industry will increase by 2.7% in the next ten years. Although this industry isn’t expecting a sudden boom in growth, it is growing at a steady and predictable pace.
It is a great career choice for people who want to work with materials and products essential to our everyday lives.
Basic industries, a significant sector, deliver raw materials to other sectors, including metals and gas, coal, wood, paper, and wood.
Each type of raw material is then used to produce different commodities. Although there are many opportunities for career advancement in this area, the most lucrative positions in basic industries are in the agricultural, energy and paper sectors.
According to Statista, significant businesses such as forestry, oil and gas and mining added $39.9 Million to the US GDP (US Gross Domestic Product) in 2020. If you are looking for a rewarding job with high pay, then look into the basic industries.