The town has an important woollen trade and possesses dyeing and fulling mills.
Various arts were attributed to her - shipbuilding, the goldsmith's craft, fulling, shoemaking and other branches of industry.
Of Henry de Lacy, earl of Lincoln, in that year gives several interesting facts about the manor; the earl had there a hall or manor-house, a fulling mill, a market every Sunday, and a fair on the feast of St Andrew.
From the mention of a fulling mill in 1311 it is possible that woollen manufacture had been begun at that time.
The town had 56 fulling-mills; but about this time the industry began to decay, and is now extinct.
A woollen industry was probably established at an early date, for there is reference to a fulling mill in a charter of King Edgar dated 909.