Definition: a town dominated by one industry or company

Examples:

When the coal mine closed, the company town faced a severe economic crisis.

I come from a company town, where one company owns everything — the stores, the banks, the houses, and everything else.

About Matt Krause

Matt began his professional life as an import buyer, and since 2006 has been teaching companies how to connect with their investors and clients better. His clients work in Istanbul, Bucharest, and Sofia for companies like Allianz, 3M, P&G, Citibank, and Reckitt Benckiser. He also walked across Turkey and wrote a book about it.