Economy
Beit Shemesh has two industrial zones containing mainly small industry, particularly in the Northern industrial zone which is typified by carpentry and metalwork workshops, garages and wholesale and retail outlets. The Western industrial zone contains several larger companies including Beit Shemesh Engines Ltd. (BSEL) which manufactures and repairs jet engines and jet engine components, Barzellan and others. Nearby in the Noham industrial zone are situated various other factories and offices. Since the hi-tech boom of 1996–2001 Beit Shemesh has been host to several hi-tech startups.
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Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)