Economy
Vado has a large industrial and commercial port.
Vado Ligure is home to a Bombardier railway construction plant, founded in 1905 by Westinghouse. In 1919 it was taken over by Tecnomasio Italia Brown Boveri, since 2001 it is part of Bombardier Transportation. It currently produces the E464 locomotive.
The town's territory also includes an electric power plant, whose two towers (with a height of 200 meters) are visibile for kilometers in the neighbourhood.
Read more about this topic: Vado Ligure
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)
“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)
“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)