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, Ontario arranged by the provincial government and a healthy sense of rivalry had always governed relations among the three communities. Even today, though many residents refer to their area of Cambridge as being Galt or Preston or Hespeler. Each unique centre has its own history that is well documented in the Cambridge City Archives. The former Preston is located on the western side of the city at the confluence of the Grand River and Speed River. Downtown Preston is commonly considered to be bounded on the north by the entrance to Riverside Park on King Street, and on the south by