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.
Read more about this topic: Beit Shemesh
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 (18031882)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (18171862)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kindno matter how ultimately profitable or otherwise successful some of them might prove to bethere is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)