Economy
The northern areas of Alabama contain a wide variety of industrial, manufacturing, and hi-tech corporations with both large and small operations. Each of the three economic centers in the region (Huntsville, Decatur, and Florence) have a distinct type of economic base. The Huntsville area is mostly dominated by hi-tech industries and federal operations such as Boeing and NASA. The Decatur area, in the central part of the region, is dependent mostly on industrial and manufacturing companies, such as General Electric and 3M, but some hi-tech and federal entities like the United Launch Alliance, who produces launch vehicles for NASA and other agencies, and the Tennessee Valley Authority also have roots in the area. The Florence area, also known as "The Shoals", is primarily dependent on industry and manufacturing, hosting companies such as Sara Lee, but also relies heavily on agriculture.
Read more about this topic: North Alabama
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)