Economy
The town has several well-known businesses, although a number of companies have since relocated to other areas or disbanded. Princes Food & Drink Group has a soft drinks factory on Grimshaw Lane. Manchester Abattoir, on Riverpark Road, was the primary source of meat produce for the city but has gradually downsized over recent years.The 50,000 sq ft (4,500 m²) central bakery of Martins Bakery is on Holyoak Street.
The town's main shopping area is on Church Street, where alongside small family run stores you can find Iceland, Netto (now part of the Asda chain) and a Lidl store. The local market, once a local attraction, is now closed after a doomed attempt to upgrade the facilities led to the regular clientele finding other pitches.
Read more about this topic: Newton Heath
Famous quotes containing the word economy:
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)