Economy
The area around Llanelli in eastern Carmarthenshire is home to a number of manufacturing companies (including the Tata Steel Europe tinplate works at Trostre, and Dyfed Steels), many of which service the automotive industry. The Technium Performance Engineering Centre was developed at Llanelli Gate as a business incubator for businesses in the automotive, motorsport and aerospace sectors. The traditional industries of Llanelli have been in gradual decline over recent decades and local government has responded by promoting developments such as the Machynys Golf Course, new retail parks at Trostre and Pemberton, and the Millennium Coastal Park, to help attract tourism. The core shopping area has now largely relocated from the town centre to the Trostre/Pemberton area.
In 1991 Llanelli was a distinct Travel to Work Area, but the 2001-based revision has merged the locality into a wider Swansea Bay Travel to Work Area.
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Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“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)