Presentation on theme: "Modern Industry To find out what a footloose industry is and carry out a study into the M4 Corridor."— Presentation transcript:
1 Modern IndustryTo find out what a footloose industry is and carry out a study into the M4 Corridor.
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3 What is a footloose industry? Footloose industries have a greater freedom to choose their locations. Footloose industries have a low demand for raw materials and don’t need big sites for their factories.The final product is always high in value and /or low in weight and can be transported anywhere by road.The new factories have pleasant locations on the outskirts of towns with lots of greenery around.
4 The M4 and Western Crescent M4 Corridor - Area of development for Hi-Tech industry along the M4 Motorway spanning from London to Bristol (South Wales).Location factors:AccessibilityGood road links (M4)Good railway linksHeathrow Airport provides links to Europe and the rest of the WorldResearch opportunitiesClose to science parks and UniversitiesFootloose - therefore they can locate freelyGovernment IncentivesAttractive CountrysideMarlborough Downs - attractive environment favoured by educated people employed in Hi-Tech industry.UGG Page 188Do Activity 1bDo Activity 2
6 Case Study Hi-tech industry along the M4 corridor (UGG Page )New industrial regions in Britain have tended to grow up along main communication routes. The best example of this is the “Sunrise Strip”, which takes in the area around motorways such as the M11, M23, M3 and, most importantly, the M4. These industries are described as being footloose. They are not tied to the supply raw materials.
7 M4 Corridor - LGLucky Goldstar – Located a large development in Newport, South WalesWhy?Welsh Development Agency (WDA) secured the dealGovernment Paid £87 million of subsidies to LGAccessible, M4 CorridorSemi Skilled Labour Force – once employed in the now declined iron and steel industry.
8 Case Study: Worton Grange Industrial Estate in READING Skills practice opportunityCase Study: Worton Grange Industrial Estate in READINGUGG Page 189Do Activities 2 a, b and 3 a, b