Economy
In the early 1980s, textile plants, such as Dimona Textiles Ltd., dominated the industrial landscape. Many plants have since closed. Dimona Silica Industries Ltd. manufactures precipitated silica and calcium carbonate fillers. About a third of the city's population works in industrial workplaces (chemical plants near the Dead Sea like the Dead Sea Works, high-tech companies and textile shops), and another third in the area of services. Due to the introduction of new technologies, many workers have been made redundant in the recent years, creating a total unemployment rate of about 10%. Dimona has taken part of Israel's solar transformation. The Rotem Industrial Complex outside of the city has dozens of solar mirrors that focus the sun's rays on a tower that in turn heats a water boiler to create steam, turning a turbine to create electricity. Luz II, Ltd. plans to use the solar array to test new technology for the three new solar plants to be built in California for Pacific Gas and Electric Company.
Read more about this topic: Dimona
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchants economy is a coarse symbol of the souls economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (18031882)
“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 kindno matter how ultimately profitable or otherwise successful some of them might prove to bethere 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)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (18031882)