Economy
Unlike many small rural towns across Wales, Newcastle Emlyn has managed to maintain a wide range of local services, based mainly on small family businesses.
In 1932, the former Co-operative Group creamery was reopened by Dried Milk Products to make cheese. After new parent Unigate decided to sell-off its non-milk related dairies, it was then bought by the Milk Marketing Board in 1979, and closed again in 1983. Reopened by Saputo, it today manufactures mozzarella cheese using locally sourced dairy produce, and is the town's largest employer.
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Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“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)