Economy
Unlike many small rural towns across Wales, Newcastle Emlyn has managed to maintain a wide range of local services, based mainly on small family businesses.
In 1932, the former Co-operative Group creamery was reopened by Dried Milk Products to make cheese. After new parent Unigate decided to sell-off its non-milk related dairies, it was then bought by the Milk Marketing Board in 1979, and closed again in 1983. Reopened by Saputo, it today manufactures mozzarella cheese using locally sourced dairy produce, and is the town's largest employer.
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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)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)