Economy
Augsburg is a vibrant industrial city. Many global market leaders namely MAN, EADS or KUKA produce high technology products like printing systems, large diesel engines, industrial robots or components for the Airbus A380 and the Ariane carrier rocket. After Munich, Augsburg is considered the high-tech centre for Information and Communication in Bavaria and takes advantage of its lower operating costs, yet close proximity to Munich and potential customers.
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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)