Other major local industries in recent history have included Staveley Works foundry and Staveley Chemicals. The nationwide decline in industry has meant that Staveley Chemicals and Staveley Works have now almost entirely closed, with the only section of the chemical plant remaining being the P-aminophenol plant (a key component to making Paracetamol), which is run by American/Irish company Covidien. Notice has been served on the plant, earmarked for closure around June 2012, this closure will mark the end of over 100 yrs. of chemical production at Staveley..