A company town is a town or city in which much or all real estate, buildings (both residential and commercial), utilities, hospitals, small businesses such as grocery stores and gas stations, and other necessities or luxuries of life within its borders are owned by a single company. Marktown, Clayton Mark's planned worker community in Northwest Indiana is an example of a company town. The term is used in the US and UK to refer to a town or city where loyalty to the company that is perceived to be responsible for its success is expected and that company is, or was, a major employer in the area.
Read more about Company Town: Overview, United States, Outside The United States, Paternalism, The Pullman Lesson, Model Company Towns, The Decline of American Company Towns
Famous quotes containing the words company and/or town:
“There is no such thing as “the Queen’s English.” The property has gone into the hands of a joint stock company and we own the bulk of the shares!”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“Such a set of tittle tattle, prittle prattle visitants! Oh Dear! I am so sick of the ceremony and fuss of these fall lall people! So much dressing—chitchat—complimentary nonsense—In short, a country town is my detestation. All the conversation is scandal, all the attention, dress, and almost all the heart, folly, envy, and censoriousness.”
—Frances Burney (1752–1840)