Economy
Present day Coatbridge is the site of Scotland's inland container base. Coatbridge was chosen as the site in part due to the proximity of various rail and motorway networks. Makers of PA systems and loudspeakers Tannoy Ltd. are headquartered in Coatbridge. Lees Foods Plc is a local confectionery and bakery products company and are the manufacturers of the Lees macaroon bar. William Lawson’s Scotch Whisky distillery has been located in Coatbridge since 1967. Coatbridge was home to one of the first B&Q Depots, which was closed in 2006 and moved to the new retail park.
In terms of housing, property prices in Coatbridge have undergone rapid growth in recent years. In 2005, house prices rose by 35%, reportedly the largest such increase in Scotland.
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