Economy
In the early 20th century shoe-making, tanning, agricultural trade, tin-plating and the manufacture of confectionery and cider had superseded the former large woollen and serge industries.
The creamery and dairy in Crediton has always been located next to the church, but to enable its product to be distributed further, the company ran a transport depot that was located in the good yard of the railway station. Every day, a train of three or more Milk Tank Wagons would be filled from lorries, and then taken to London by either the Great Western Railway or the Southern Railway. Express Dairies sold the creamery and a similar unit in Kirkcudbright, Scotland in July 2002 to Milk Link, which both by that time produced UHT milk.
Today, the town has two industrial parks at Lords Meadow and Fordton, a dairy and a small collection of units at Westward Business Park. It is the centre for shopping and business for the surrounding area, and has industries such as graphics and pharmaceuticals.
In 2001 the Crediton area was given priority status with regard to the government's Market and Coastal Towns Initiative, following the outbreak of foot-and-mouth disease. By 2006, of 45 projects in the plan, 18 had been completed, resolved, or begun.
Pubs include the Crediton Inn on Mill Street, the General Sir Redvers Buller (a Wetherspoon's), the Three Little Pigs, The Ship, the White Swan on High Street, the Plymouth Inn on Dean Street and The Mitre on High Street.
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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)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)