Through centuries, the people in Gedsted had been engaged in fishing and agriculture, and in the 1800s, the city was together with Farsø and Skals the three power plants in the region - Aalestrup was first constructed as a city around the turn of the century after the railway was placed here and not at Gedsted .
Gennem århundreder havde befolkningen i Gedsted ernæret sig ved fiskeri og landbrug, og i 1800-tallet var byen sammen med Farsø og Skals de tre kraftcentre i regionen – Aalestrup blev først anlagt som by omkring århundredeskiftet, efter at jernbanen blev placeret her og ikke ved Gedsted.