The area higher up Dysart Road is now occupied by a multitude of modern industrial, commercial and transportation concerns, but this has had a long and varied industrial history going back nearly a century and a half. The first developers were two brothers, George and Nathaniel Hempstead, who had started a general engineering concern on the site of the Boiler and Crank Works. Perhaps unwisely, they built a new works sometime in the 1870s, which they named the Pheonix Works; by the end of the century it had closed and appears to have remained so until after the First World War. It had a brief revival in the 1920s when it was occupied by the firm of AC Potter. This company made water-well drilling equipment, pumps and other equipment associated with irrigation and drainage, as well as being contractors for their installation. Unfortunately they did not survive the 1930s slump and the Pheonix Works once again became unoccupied. Then in 1936, when new companies were being encouraged to come to Grantham, the firm of R.H.Neal took over the Pheonix site to make their range of mobile cranes. This heralded many years of prosperity and expansion. The original Pheonix workshops were demolished in 1974, and many new shops have been erected in this area. {1}{2}