Did the Southern plantation owners invested heavily in early US industry?

Southern plantation owners primarily focused on agriculture, particularly the cultivation of cash crops like cotton and tobacco, rather than investing heavily in early U.S. industry. Their wealth was largely tied to land and enslaved labor, which limited their interest in industrial ventures. While some plantation owners may have invested in local businesses or infrastructure, the dominant economic model in the South was agrarian rather than industrial. This focus contributed to the economic divide between the industrial North and the agrarian South prior to the Civil War.