Industry
Bofors was incorporated in 1873 and has since the 1880s been specializing in the lucrative manufacture of cannon. Karlskoga has spent most of the 20th century as a growing company town to this cannon manufacturer. Only with the demilitarization in the most recent decades has this started to be a problem for the town. There were 8,500 workers in Bofors in 1980, but the number had decreased to 2,600 in 1998.
Read more about this topic: Karlskoga Municipality
Famous quotes containing the word industry:
“Bankers, nepotists, contracts and talkies: on four fingers one may count the leeches which have sucked a young and vigorous industry into paresis.”
—Dalton Trumbo (1905–1976)
“That some should be rich, shows that others may become rich, and hence is just encouragement to industry and enterprise.”
—Abraham Lincoln (1809–1865)
“The reason American cars don’t sell anymore is that they have forgotten how to design the American Dream. What does it matter if you buy a car today or six months from now, because cars are not beautiful. That’s why the American auto industry is in trouble: no design, no desire.”
—Karl Lagerfeld (b. 1938)