Economy
Located in the far southern portion of the state, near the Florida line along the Interstate 75 corridor, it is a commercial center of South Georgia with numerous manufacturing plants. The surrounding area produces tobacco, naval stores, particularly turpentine, as well as pine lumber, and pulpwood. According to the Georgia Department of Community Affairs, Valdosta is called the "Naval Stores Capital of the World" because it supplies 80% of the world demand for naval stores.
In the retailing field, Valdosta has one major regional mall, Valdosta Mall, which features national chain anchor stores like JCPenney, Sears, Office Depot, PetSmart, Belk, Old Navy, and Ross Stores. Several large stores surround the mall or are near the mall including Best Buy, Home Depot, Kohl's, Lowe's, Office Max and Target. Valdosta has other notable shopping areas such as the Historic Downtown area with many local businesses, and the Five Points area which has a Big Lots, Winn-Dixie, and numerous national franchise and local restaurants.
Moody Air Force Base is located about 9 miles north of Valdosta in northern Lowndes County.
Read more about this topic: Valdosta, Georgia
Famous quotes containing the word economy:
“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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)