At the corner of Horace Street and Carlisle Road , stands the
now derelict factory of Welch Margetson, a massive red brick building
erected in 1872. It was designed by an architect by the name of J
G Ferguson who also designed Tillie & Hendersons factory and was
built by A. Mc Elwee of Derry. It closed circa 1991. It is currently
being refurbished for use by the civil service for their pensions
department.