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:
“That some should be rich, shows that others may become rich, and hence is just encouragement to industry and enterprise.”
—Abraham Lincoln (1809–1865)
“What more is necessary to make us a happy and prosperous people? Still one thing more … a wise and frugal government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from labor the bread it has earned.”
—Thomas Jefferson (1743–1826)