Industry is the production of goods or services within an economy. The major source of revenue of a group or company is the indicator of its relevant industry. When a large group has multiple sources of revenue generation, it is considered to be working in different industries. Manufacturing industry became a key sector of production and labour in European and North American countries during the Industrial Revolution, upsetting previous mercantile and feudal economies. This occurred through many successive rapid advances in technology, such as the production of steel and coal.
Following the Industrial Revolution, possibly a third of the world's economic output is derived that is from manufacturing industries. Many developed countries and many developing/semi-developed countries (People's Republic of China, India etc.) depend significantly on manufacturing industry. Industries, the countries they reside in, and the economies of those countries are interlinked in a complex web of interdependence.
Industry Metrolink is located at 600 S. Brea Canyon Road in Industry, California. It is owned and operated by the City of Industry. Metro and Foothill Transit provide connecting service at the station with lines 484 and 482, respectively. There are approximately 1,440 parking spaces available. Foothill 482 is a local bus route serving the area There is no rail service to this station on weekends, but connecting buses continue to run with a limited schedule. In 2011, the Industry station had the highest ridership in the Riverside line, averaging 1,378 daily boardings, representing 34.5% of all boardings for the Riverside line.
The City of Industry station opened on June 14, 1993, and built at a cost of $2.4 million. In 1994, the Riverside line, which then ran from downtown Los Angeles to the Industry station, had Metrolink's highest ridership per week, averaging 2,000 passengers. In 2012, 8,000 solar panels were installed to cover 940 parking spaces in an $11 million project that generates 2.2 megawatts (3,000hp) of electricity per hour. The project also included the installation of 64 electric car charging stations. Most of the funding came from Proposition 1A, although the South Coast Air Quality Management District also provided a $2 million grant.
Industry was an American new wave band formed in 1978 in New York as Industrial Complex, their name later changing to Industry. In 1981, the band became commercial but disbanded three years later. Their only album was Stranger to Stranger, released in 1984 which included the hit single, "State of the Nation".
Industry was founded as Industrial Complex in 1978 by Mercury Caronia (drummer, vocalist, keyboard player, composer and studio engineer), Andrew Geyer (guitarist) and Sean Kelly (bass guitarist and backing vocalist). The band's name was later changed to Industry. Caronia and Geyer worked with experimental electronic music, odd time signatures, tape loops, synthesizers and innovative guitar playing into various methods of recording.
To sponsor something is to support an event, activity, person, or organization financially or through the provision of products or services. A sponsor is the individual or group that provides the support, similar to a benefactor.
Sponsorship is a cash and/or in-kind fee paid to a property (typically in sports, arts, entertainment or causes) in return for access to the exploitable commercial potential associated with that property.
While the sponsoree (property being sponsored) may be nonprofit, unlike philanthropy, sponsorship is done with the expectation of a commercial return.
While sponsorship can deliver increased awareness, brand building and propensity to purchase, it is different from advertising. Unlike advertising, sponsorship can not communicate specific product attributes. Nor can it stand alone, as sponsorship requires support elements.
Theories of sponsorship
A range of psychological and communications theories have been used to explain how commercial sponsorship works to impact consumer audiences. Most use the notion that a brand (sponsor) and event (sponsoree) become linked in memory through the sponsorship and as a result, thinking of the brand can trigger event-linked associations, while helping people to go over traffic lights thinking of the event can come to trigger brand-linked associations. Cornwell, Weeks and Roy (2005) have published an extensive review of the theories so far used to explain commercial sponsorship effects.