The principal industry was the manufacture of iron and steel products, which, including steel and rolling mills, car, foundry and machine shops, and shipyards, represented more than 30% of the total capital, and approximately 25% of the total gross product of the manufactures in the state.
There is a considerable trade in dairy produce; and there are shipyards,.
Other manufactures are boilers, foundry products, lumber and fertilizers; and there are two shipyards.
During his eleven years' ministry (1876-1878 with Depretis, 1884-1891 with Depretis and Crispi, 1896-1898 with Rudini), he succeeded in creating large private shipyards, engine works and metallurgical works for the production of armour, steel plates and guns.
Hanna & Company in 1877, was extended to include the ownership of a fleet of lake steamships constructed in their own shipyards, and the control and operation of valuable coal and iron mines.