 From here, he took an active interest in virtually all local developments, including the early Barrow Shipbulding Company; the new Port of Barrow, and the massively expanded iron and steel industries.He was also a notable benefactor, contributing towards many new social and civic facilities within the town.Ramsden was knighted in 1872, and a statue by Matthew Noble was unveiled that same year in what was to become Ramsden Square, Barrow-in-Furness.