New Private Message from Jeannette

New Private Message from Jeannette
 

Lincoln's economy is based mainly on public administration, commerce, arable farming and tourism, with industrial relics like Ruston (now Siemens) still in existence. However, many of Lincoln's industrial giants have long ceased production in the city, leaving large empty industrial warehouse-like buildings. More recently, these buildings have become multi-occupant units, with the likes of Lincs FM radio station (in the Titanic Works) and LA Fitness gym taking up space. The main employment sectors in Lincoln are; public administration, education and health, which accounts for 34 per cent of the workforce. Distribution, restaurants and hotels account for 25 per cent of the workforce. Like many other cities in Britain, Lincoln has developed a growing IT economy, with many e-commerce mail order companies setting up in or around the city. A plethora of other, more conventional small industrial businesses are located in and around Lincoln. One of the reasons for building the University of Lincoln was to increase inward investment and act as a springboard for small companies. The University's presence has also drawn many more licensed premises to the town centre around the Brayford Pool. A new small business unit next door to a university accommodation building, the Think Tank, opened in June 2009. County council building on Newland The Extra motorway services company is based on Castle Hill, with most new UK service areas being built by Swayfields who are the parent company. There are two main electronics companies in the town: Chelmsford-based e2V (formerly Associated Electrical Industries before 1961) is situated between Carholme Road (A57) and the Foss Dyke next-door to Carholme Golf Club; and Dynex Semiconductor (formerly Marconi Electronic Devices) is on Doddington Road (B1190) near the A46 bypass just inside the borough boundary, and near North Hykeham. Bifrangi, an Italian company, makes crankshafts for off-road vehicles (tractors), using a screw press; it is based at the former Tower Works formerly owned by Smith-Clayton Forge. Lincoln is the functional hub of a wider area that encompasses several satellite settlements, such as Welton, Saxilby, Skellingthorpe and Washingborough. These villages look to Lincoln for most service and employment needs. Including them boosts the city's population to about 165,000. Lincoln is the main centre for jobs and facilities in Central Lincolnshire, and performs a wider regional role that extends to cover much of Lincolnshire and parts of Nottinghamshire. According to a document entitled "Central Lincolnshire Local Plan Core Strategy", Lincoln is within a "travel-to-work" area with a population of about 300,000.[