Economy
Key industry sectors include power generation, paper manufacture, timber mills, agriculture, dairy, timber, IT, engineering and education. The Valley provides 85% of Victoria’s electricity and has a substantial engineering sector supporting the power generation, pulp and paper production and food processing industries, etc. The tertiary education sector attracts local, interstate and international students.
Logging is also an important industry in the hills to the north and south, with a major paper mill located at Maryvale, near Morwell. In the rugged north of the region is located the historic gold-mining town of Walhalla, amid mountains forming the west of Alpine National Park and nearby Baw Baw National Park, a minor winter ski resort.
Read more about this topic: Latrobe Valley
Famous quotes containing the word economy:
“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 (1817–1862)
“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)
“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)