Preston, Lancashire after 1948, Preston became home to a significant number of Asian and Caribbean Commonwealth immigrants, who mostly worked in the manufacturing industry. However, an economic decline hit the town once again in the 1970s, capped by the closure of the Courtaulds factory in 1979 (nearly 3,000 job losses) and the decline of the docks on the River Ribble, which finally closed in 1981. Mass unemployment was firmly back in Preston by the early 1980s, although it was now very much a national crisis due to the recession of that time. The rehousing of families from town centre slums to new
Preston, Texas the river. The current Preston CDP occupies the entire Preston Peninsula, bordered to the west by the main body of Lake Texoma and to the east by the Little Mineral Arm of the lake. The peninsula ends to the north at Preston Point, and the CDP extends south to the base of the peninsula, at Meadow Lake Drive to the east and at Highport Road to the west. Texas State Highway 289 has its northern terminus in Preston and leads south to Pottsboro. Denison is to the southeast, and Sherman, the Grayson County seat, is to the south-southeast. According to