Economy
The economy is divided evenly over various fields, thus contributing to a very good regional labour situation. Established in Frankenberg are, among others, the famous furniture factory of the Brothers Thonet, a plant belonging to the injection moulding firm Hettich and the Bundeswehr's Electronic Warfare Battalion (Bataillon Elektronische Kampfführung) 932. The biggest employer in the area is the heating technology manufacturer Viessmann in Allendorf.
For the last 25 years, one technological focus has been formed by plastics technology. Frankenberg has in Ewikon and Günther two worldwide leaders among companies in so-called hotrunner technology. Likewise important to the economy is Finger Fertighaus, a prefabricated housing company.
Many administrative bodies have their offices in Frankenberg, which was the district seat until 1973.
Since 2005, Frankenberg has been the seat of a professional academy, BA-Nordhessen, which offers systems engineering as its course of study.
Read more about this topic: Frankenberg, Hesse
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)