Economy
The town has a large industrial estate to the south of the town, split into three.
- On the Heighington Lane Business Park, Lidl have a main distribution centre on Millenium Way, and with RF Micro Devices, are to the south of the estate. The RFMD plant was formerly a DRAM factory for Fujitsu until 1999, when bought by Filtronic, who then sold their semiconductor business to RFMD in 2007. The plant uses pHEMT technologies (High electron mobility transistor), using Gallium arsenide (GaAs) and Gallium nitride (GaN). The plant makes electronic wafers.
- Aycliffe Industrial Estate
- Aycliffe Industrial Park (nearest to the town)
The Ineos plant (former Hydro Polymers PVC plant) is west of the railway, south of the railway station.
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Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (18121870)
“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 (18031882)
“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 (18031882)