The
Blaenavon Iron and Coal Company was formed in 1836, and purchased the
Blaenavon Ironworks. The new managing director,
James Ashwell, started to build a new ironworks, to be called Forgeside, on a pocket of freehold land, so that the new company would be free of the rents, royalties, and insecurity of the leasehold of the old ironworks. Foundations were built for blast furnaces, forges and rolling mills. Within a few years there was a downturn in the industry, Ashwell was forced to resign in 1841, and the new works abandoned. Building eventually resumed when the puddling forge was opened in 1859 and engines for the rolling mills were bought in 1860. The terraced cottages for the workers were built on a grid plan, unimaginatively called Row A, Row B, Row C, Row D, and Row E. typically indicative of the attitude of the 19th century employers to their workers. ==Decline==