Economy
Today, Colne's cotton industry has all but disappeared, although other types of industry have taken its place. Many of the old weaving mills that used to dot the landscape have either been demolished to make way for retail space, or now accommodate alternative manufacturing industries. The service sector is a growth industry, and now occupies some town centre locations. The main industrial area, Whitewalls, is on the boundary with Nelson, next to the end of the M65 motorway, and houses a range of employers, including an abattoir, retail, automotive components, electronics, equipment hire and engineering/manufacturing. Boundary Mill Stores was established here in 1983 as one of the first UK factory outlets and moved into new larger premises at the end of the M65 recently. There are now stores in Grantham, Newcastle and Walsall. Lyon's Tours was a family run business which became one of the first UK overseas tour operators offering holidays trips from headquarters off Albert Road, Colne in the late 1950s. It eventually became part of Airtours.
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Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“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 kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there 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)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)