Economy
The town has always been a market town, and hence with many trades associated with farming and agriculture.
In 1908 Wiltshire United Dairies built a dairy and creamery in the town. Merged in 1916 to form United Dairies, in 1931 a private siding was opened from Wootton Bassett Junction railway station to allow milk trains to service the plant. Merged into Unigate in 1958, the plant became a key production site for the St Ivel Shape brand yoghurts, before being sold to Danone for £32m. The factory consequently closed in February 2003. The site was sold for £19m in August 2004, and the factory demolished in June 2005. It was redeveloped as the Beaufort Park housing estate.
Read more about this topic: Royal Wootton Bassett
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 (1812–1870)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)