Economy
As well as the significance of the bank Halifax plc which, since 2008, is part of the Lloyds Banking Group, the town has strong associations with confectionery.
John Mackintosh and his wife, Violet, opened a toffee shop in King Cross Lane in 1890. Violet formulated the toffee's recipe. John became known as "The Toffee King". A factory was opened on Queens Road in 1898. A new factory at Albion Mill, at the current site near the railway station, opened in 1909. John died in 1920, and his son Harold not only continued the business but took it to the present size and range of confectionery it has today. Their famous brands, including Rolo, Toffee Crisp and Quality Street of chocolate and confectionery are not just popular in the UK, but around the world including the USA.
In 1969 John Mackintosh & Co Limited merged with the York-based Rowntree Limited to form Rowntree Mackintosh. This was, in turn, purchased by Nestlé in 1988.
Halifax was a busy industrial town, dealing in and producing wool, carpets, machine tools, and beer. The Crossley family began carpet manufacture in modest premises at Dean Clough, on the banks of the Hebble Brook. The family was philanthropic and Joseph and Sir Francis Crossley built and endowed almshouses for their workers, which exist to this day and are run by volunteer trustees. Halifax is also home to Suma Wholefoods, which was established in 1975 and is the largest workers' co-operative in the UK.
Read more about this topic: Halifax, West Yorkshire
Famous quotes containing the word economy:
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—Henry David Thoreau (1817–1862)
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—Ralph Waldo Emerson (1803–1882)
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—Alexander Herzen (1812–1870)