Economy
Present day Coatbridge is the site of Scotland's inland container base. Coatbridge was chosen as the site in part due to the proximity of various rail and motorway networks. Makers of PA systems and loudspeakers Tannoy Ltd. are headquartered in Coatbridge. Lees Foods Plc is a local confectionery and bakery products company and are the manufacturers of the Lees macaroon bar. William Lawson’s Scotch Whisky distillery has been located in Coatbridge since 1967. Coatbridge was home to one of the first B&Q Depots, which was closed in 2006 and moved to the new retail park.
In terms of housing, property prices in Coatbridge have undergone rapid growth in recent years. In 2005, house prices rose by 35%, reportedly the largest such increase in Scotland.
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Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“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)