Economy
Industrially, Abingdon is best known for the manufacture of MG cars, who opened a factory there in 1929. 1,155,032 cars were made at the plant over the next 51 years before British Leyland closed it down on 24 October 1980.
The Pavlova and Gloria leather works, now both closed, used to be major employers. Abingdon was home to the Morland Brewery, whose most famous ale was Old Speckled Hen, named after an early MG car. Greene King Brewery bought Morland for £182 million in 1999, closed the brewery and moved production to Bury St Edmunds in Suffolk. The site of the brewery has been redeveloped into residential housing. The Maltings was demolished and is now a mixed residential area and council offices.
Abingdon is close to several major scientific employers: the UKAEA at Culham (including the Joint European Torus (JET) fusion research project), Harwell Laboratory, the STFC Rutherford Appleton Laboratory and the new Diamond Light Source synchrotron, which is the largest UK-funded scientific facility to be built for over 40 years. Many inhabitants work in Oxford or commute by rail to London, from nearby Didcot. The Army now occupies Dalton Barracks, which, prior to 1993, was the Royal Air Force station RAF Abingdon.
Abingdon has a business park which has offices for several national and international companies including Northern Rock bank. Until recently, Vodafone had offices in the town, acquired as part of its takeover of Mannesmann in 2000. The Science Park is home to the headquarters of Sophos, the anti-virus company. RM, an educational computing supplier, commonly refer to themselves as being Abingdon-based, which is technically true — even though their HQ is actually in nearby Milton Park, Milton, they have an Abingdon post code (as does the rest of Milton Park). Penlon Ltd, a medical equipment company, have their premises on the outskirts of Abingdon (their previous site, close to the former railway station, has been redeveloped as residential housing). Another major employer is the British head office of the German appliance company Miele.
In 1924, carmaker MG was founded and moved its business alongside the Pavlova Leather Factory in 1929. By the outbreak of the Second World War, MG was established as one of the most popular brands of sports car in Britain. After the war, the MG factory continued to churn out increasing volumes of popular sports car which were available at competitive prices. But the factory closed in October 1980 on the demise of the ageing but still popular MG MGB range, and was demolished within months. The headquarters of the MG Car Club, founded in 1930, is at 11 & 12 Cemetery Road, next to the old factory offices.
A police station was built in its place, currently being extended with the addition of more cells, as Oxford's police station could not be extended further.
Read more about this topic: Abingdon-on-Thames
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“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)
“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)