Economy
Prior to 1960, the Production Engineering Research Association of Great Britain (PERA) came to the town on Nottingham Road and employed around four hundred people in supporting research and development in industry. It is also home to the East Midlands Manufacturing Advisory Service.
In 2000, the East Midlands Regional Assembly (EMRA) was based in a building also on Nottingham Road.
Petfoods came to the town in 1951 as Chappie Ltd, employing at its peak over two thousand people, it now employs around one thousand. It changed its name Petfoods in 1957, Pedigree Petfoods in 1972 and most recently Masterfoods in January 2002. At Melton, it makes four million items of petfood every day, which is less than it used to. Masterfoods now have their UK headquarters close to Melton at Waltham-on-the-Wolds.
Read more about this topic: Melton Mowbray
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)
“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)
“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)