Economy
The major industry of Renfrew was previously shipbuilding. Simons and Lobnitz, most notable for building sand dredgers were based in the town. The Renfrew shipyard closed in the early 1960s.
Further expansion of Renfrew's economy took place in 1938 with the opening of Hillington industrial estate, now named Hillington Park, not to be confused with Hillington housing estate in the city of Glasgow.
Renfrew is home to the engineering company Doosan Babcock (formerly Babcock and Wilcox), the King George V Dock and the Braehead out-of-town retail development.
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Famous quotes containing the word economy:
“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 (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)
“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)