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:
“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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)