Hackney has a long tradition of manufacturing, but as in other areas of the country, this has seen a decline over the years. This has, however, left Hackney with an interesting legacy of old industrial property. These empty spaces have been taken on by creative and design businesses, and from this a new High Value Manufacturing sector has developed.
This sector of the manufacturing industry often sees the whole production process from design and development, through manufacture and on to the point of sale, housed under one roof. The products of this industry are often hand crafted and one-off pieces, with the value of the finished product arising as much from the design as the function.
This is particularly true of sub-sectors such as furniture, fashion and jewellery production, which have all developed into prominent industries in Hackney’s economy. The growth in this sector has also added to the borough’s particular retail offer, and complements the artistic and creative industries that also flourish in the borough.