Economy and Infrastructure
The town is headquarters to the firm Leica Camera AG which currently employs about 1,300 people worldwide.
Oberbiel is also home to two commercial-industrial areas. A shipping company has set up shop at the newer one, while the older one, on an island in the river Lahn, was established in the early 20th century. It was originally home to a brad factory, a wireworks and a ball bearing factory.
Read more about this topic: Solms
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)