Economy
Primary income often comes from employment in the service sector, including industries such as insurance and banking, defence related employment, retail and management. Employment within Nailsea includes work in shops, schools, estate agents and banks. Larger businesses in Nailsea include Vetco Gray, and Bristol Wessex Billing Services Ltd., the billing company jointly owned by Bristol Water and Wessex Water. Other businesses are situated at units in the town. Nailsea has three large industrial and business estates located at Southfield road, Blackfriars road and Coates Estate (former site of the local cider making industry). Nailsea's shopping area includes Somerset Square, Crown Glass Place, Colliers Walk, and a high street. There are three supermarket chains in the town (Tesco, Waitrose and Iceland) and some national banks and estate agents.
Coate's cider factory in Nailsea was first opened in 1788 and was bought by Showerings of Shepton Mallet in 1956. The brand was subsequently merged with Gaymers and absorbed by Matthew Clark Brands. Prior to Coates, there was Heath Brewery, owned by the Thatcher family, which was situated behind the Friendship Inn. The site of the old factory is now called 'Coates Estate' and is home to a diverse range of both local and national businesses.
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Famous quotes containing the word economy:
“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)
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—Henry David Thoreau (1817–1862)
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—Henry David Thoreau (1817–1862)