Economy
From the 18th century onwards, Shaw and Crompton's economy was closely tied with that of Britain's textile manufacture during the Industrial Revolution, particularly the cotton spinning sector.
Shaw and Crompton has become a base for distribution companies as a result of the town's good transport links, its supply of large, disused mill properties, and its situation between Manchester, Oldham, Rochdale, Lancashire, and West Yorkshire. It is home to Shop Direct Group's Shaw National Distribution Centre, one of the UK's largest warehouse distribution centres. The company occupies three former cotton mills and state-of-the-art purpose-built storage and sorting facilities on a 20-acre (8.1 ha) complex within the town. In 2007, the site became the retail company's only packing and distribution centre for non-bulk items. It employs nearly 1,000 staff, making it the Metropolitan Borough of Oldham's largest private employer. The N Brown Group, and children's toy distributors Toy Options have distribution centres in the town.
Until the 1990s, Shaw and Crompton was the home of Osram, the multinational lightbulb manufacturer, which occupied Duke Mill and was a significant employer in the area. Production has since been moved away from the United Kingdom. Warburtons had one of its 11 major bakeries in Shaw and Crompton from 1965 to January 2012. The "Pennine" bakery produced around 500,000 loaves a week and distributed them to major multiples and independent retailers throughout Greater Manchester, Cheshire, and Derbyshire. Located on Glebe Street, it employed around 200 staff and produced a wide range of Warburtons bread products. In August 2012 the building was bought by UDUNK who propose to redevelop the building as commercial units for up to 6 businesses.
Trent Mill Industrial Estate, on the edge of the town near Rushcroft, takes its name from the mill that was once there. The business park is home to several small industrial companies. It was partially destroyed by a fire that started in a plastics factory in the early hours of 28 April 2007.
On 6 August 2007, a 35,000-square-foot (3,252 m2) Asda supermarket opened on the site of the former Dawn Mill. A derelict row of houses on Eastway was demolished as part of this development. Two houses on Greenfield Lane were also demolished, allowing the existing ALDI store to expand—possibly to help it to compete with the new ASDA store. The original planning application was put to a public vote in 2005, and included proposals for 316 parking spaces, improved bus facilities, pedestrian routes linked to Market Street, junction improvements to nearby streets, and the relocation of a local tyre-fitting company. The supermarket cost £20 million to construct, and is the first ASDA store in the United Kingdom to use environmentally friendly construction techniques, which Wal-Mart intends to use as a blueprint for all its new ASDA supermarkets. It incorporates a sustainable timber frame and an energy-saving ventilation system, which together have eradicated the need for 500 tonnes of steel and 450 tonnes of carbon emissions.
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Famous quotes containing the word economy:
“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)
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—Doris Lessing (b. 1919)
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—Ralph Waldo Emerson (1803–1882)