Economy
The town has long been a major commercial, retail, and arts centre for the Midlands. Until the early 20th century, the main industries of the town were flour milling and the manufacture of worsted fabric. Since their respective declines, the government has been one of the major employers in the town: the maximum-security Port Laoise Prison, which houses the majority of the Irish Republican political prisoners sentenced in the Republic, the Midlands Prison, and the Department of Agriculture are all large-scale employers in the town.
The National Spatial Strategy for Ireland has identified Portlaoise as an ideal location for an inland port. This designation encourages the town to focus on the growth of distribution, logistics and warehouse uses, which ties in well with its strong transport connections.
Retail spaces includes the Dunamaise Arts Centre which comprises a cinema, performance space and exhibition space, the Portlaoise Leisure Centre, Laois Shopping Centre, Kyle Centre, Parkside Shopping Centres and a retail park on the Timahoe Road. The town hosts the regional finals of the Rose of Tralee (festival) in June and the Halloween Howls Comedy Festival on the October bank holiday weekend. It is also home to Electric Picnic which takes place the first weekend in September every year.
Portlaoise is one of Ireland's fastest growing towns with a 37.9% increase from 2006 to 2011. It has a large immigrant community (30% of total population) mainly from Poland, Slovakia, Lithuania, Nigeria and Latvia.
Read more about this topic: Port Laoise
Famous quotes containing the word economy:
“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)
“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)