Economy
The city of Hechingen has been an important economic center for the region for over a century. In 1848 the first major enterprises were founded by notable Jewish residents. People from Mössingen, Sonnenbühl, Albstadt, and the Swabian Alps came to work. After the Second World War, IBM, BMW, and HP applied for building permits, which the city government denied. IBM and HP later built facilities in Sindelfingen-Böblingen.
Notable enterprises which have plants in Hechingen are Gambro, ELCO, the Hohenzollerische Landesbahn, and Sternenbäck. The city has a big industrial park in the north, which is divided in three areas: Lotzenäcker, Etzental, and Nasswasen. Three other industrial areas can be found in Hechingen: Reinetal, In den Seelenäckern and Auf der Bins.
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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)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“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)