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:
“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)
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)