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History
Oldham's wealth was
built on cotton spinning and the manufacture of textile machinery. In
its heyday it was the greatest cotton-spinning town in the world,
boasting more spindles than the whole of the United States and
providing a home to the most famous of all textile machinery-makers,
Platt Bros.
It was also the home of other
world-famous companies - electrical engineer Ferranti and plane-maker A
V Roe, which became part of British Aerospace.
The
cotton industry gradually declined; Ferranti is now a shadow of its
former self. British Aerospace is still a major employer, though it,
too, has had to shed jobs.
Now Oldham is the home
of Zetex plc, the UK's biggest computer chip manufacturer; Park Cake
Bakeries, part of Northern Foods; Fulfilment Logistics Centre, part of
the N Brown Group plc, in the Lilac and Briar Mills, Shaw, as well as
Littlewoods retail in the Durban Mill, Chadderton.
Dew
Construction, SSI International (originally the Oldham-born Seton's),
Glynwebb, Pilgrim International and James Briggs Ltd are all Oldham
firms. Money Controls Ltd and Innovative Technology, world leaders in
the verification of coins and banknotes, are both Oldham companies.
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