Economy
The town has a large industrial estate to the south of the town, split into three.
- On the Heighington Lane Business Park, Lidl have a main distribution centre on Millenium Way, and with RF Micro Devices, are to the south of the estate. The RFMD plant was formerly a DRAM factory for Fujitsu until 1999, when bought by Filtronic, who then sold their semiconductor business to RFMD in 2007. The plant uses pHEMT technologies (High electron mobility transistor), using Gallium arsenide (GaAs) and Gallium nitride (GaN). The plant makes electronic wafers.
- Aycliffe Industrial Estate
- Aycliffe Industrial Park (nearest to the town)
The Ineos plant (former Hydro Polymers PVC plant) is west of the railway, south of the railway station.
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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)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)