Crewe - Economy

Economy

The railways still play a part in local industry at Crewe Works, which carries out train maintenance and inspection. It has been owned by Bombardier Transportation since 2001. At its height, the site employed over 20,000 people; in 2005 fewer than 1,000 remained, with a further 270 redundancies announced in November of that year. Much of the site once occupied by the works has been sold off and is now occupied by a supermarket, leisure park, and a large new health centre.

There is still an electric locomotive maintenance depot to the north of the railway station, operated by DB Schenker Rail. The diesel locomotive maintenance depot is now closed and is used for storing surplus rolling stock.

The Bentley car factory is on Pyms Lane to the west of town. As of early 2010, there are about 3,500 working at the site. The factory used to produce Rolls-Royce cars, until the licence for the brand transferred from Bentley's owners Volkswagen to rival BMW in 2003.

There is a BAE Systems Global Combat Systems factory in the village of Radway Green near Alsager, producing small arms ammunition for the British armed forces.

The headquarters of the off-licence chain Bargain Booze is in the town, as was the head office of Focus DIY plc, which went into administration in 2011.

There are a number of business parks around the town hosting light industry and offices. Crewe Business Park is a 67 acre site with offices, research and IT manufacturing. Major presences on the site include Air Products, Barclay's Bank, Fujitsu Services Ltd and Focus DIY. The 12 acre Crewe Gates Industrial Estate is adjacent to Crewe Business Park, with smaller industry including the ice cream van manufacturer Whitby Morrison. The Weston Gate area has light industry and distribution. Marshfield Bank Employment Park is to the west of the town, and includes offices, manufacturing and distribution. There are industrial and light industrial units at Radway Green.

The town has two small shopping centres; the Victoria Centre and the Market Centre. There are indoor and outdoor markets throughout the week. Grand Junction Retail Park is just outside the centre of town. Nantwich Road provides a wide range of secondary local shops, with a variety of small retailers and estate agents.

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Famous quotes containing the word economy:

    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)

    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)