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:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“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)