It has employed thousands of local people since then, and continues to be a huge part of the town today.
We’ve taken a look back in our archives and found these photos of the site – do they bring back memories?
1. Ferodo
Buxton Advertiser archive 1924 - starting work building one of the two great chimneys at Chapel's Ferodo factory Photo: unknown
2. Ferodo
Buxton Advertiser archive, 1924 - building the power house at Chapel's Ferodo factory Photo: unknown
3. Ferodo
Buxton Advertiser archive, late 1990s - the first of the two big chimneys at Chapel's Ferodo factory being dismantled brick by brick Photo: Jason Chadwick
1 / 2