Economy and Industry
Tres Cantos' main economic activity is derived from the existence of various high-tech factories and headquarters in designated zones,including from the pharmaceutical, aerospace and computing industries.
Approximately 20,000 employees from outside of Tres Cantos (predominanty Madrid) commute daily to work in its industrial zones its "Technological Park," home of cutting-edge companies in the aerospace industry. Other multinational corporations with offices and/or production in Tres Cantos are: Lucent Technologies, BP Solar, BDF Nivea, Nokia Siemens Networks, Samsonite, Siemens, Dannon, GMV, IFS. Most recently, the largest cable provider in Spain, SOGECABLE, relocated here. The headquarters of both the Real Automóvil Club de España and the Spanish Metrology Centre are located in Tres Cantos.
Read more about this topic: Tres Cantos
Famous quotes containing the words economy and/or industry:
“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 Founding Fathers in their wisdom decided that children were an unnatural strain on parents. So they provided jails called schools, equipped with tortures called an education. School is where you go between when your parents can’t take you and industry can’t take you.”
—John Updike (b. 1932)