How an entrepreneur in Portugal saved a village's economy with wool-making - Business Insider

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How an entrepreneur from Portugal saved a village's economy by reviving a centuries-old tradition of wool-making

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Her factory is the only one left in the village of Manteigas, and is using machines that date back to the 19th century. In 2006, Isabel Costa was looking to open a hotel in Manteigas, a village in the picturesque Serra da Estrela mountain region. But as she learned about the village' history and economic plight, she ended up also buying the village's old wool factory — one of 11 that once operated there.

 

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