Economy
State Farm Insurance was previously a large-scale employer in the city, but the multi-department facility was relocated to Lincoln, Nebraska while retaining a smaller work force at another site in Mendota Heights. There are also many smaller employers, such as the Joint Commission on Allied Health Personnel in Ophthalmology and offices for financial corporations. Many Woodbury residents are employed at 3M, whose headquarters are located a few miles west in Maplewood.
A large portion of the economy is retail. The two largest retail centers are Tamarack Village, near the intersection of Radio Drive and I-94, and Woodbury Village, near the intersection of Valley Creek Road and I-494. Woodbury Lakes, an upscale retail development with an open-air mall layout, was completed in 2005.
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Famous quotes containing the word economy:
“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)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)