Omegna has a great industrial tradition. In the mid 1800, the town witnessed the foundation of factories such as the Ferriera and Fabbricone Angeli-Frua, the Italian textile company established in 1896 following the merge of the cotton and printing factories of Ernesto De Angeli and Giuseppe Frua. Significant architectural elements of the plants and the workers village are a reminder of the town's industrial heritage. The very nice Monument to the Family is located right in the heart of the town, which at the beginning of the 20th century was in full expansion.