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Economy of Oldham

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For years Oldham's economy was heavily dependent on manufacturing industry, especially textiles and mechanical engineering. Since the deindustrialisation of Oldham in the mid-20th century, these industries have been replaced by home shopping, publishing, healthcare and food processing sectors, though factory-generated employment retains a significant presence. Many of the modern sectors are low-skill and low-wage.

Park Cake Bakeries, sold in 2007 by Northern Foods Group to Vision Capital, have a large food processing centre in Hathershaw, which employs in excess of 1,600 people. Over 90% of the cakes produced

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