Those working in automotive factory production at Newport-based engineering company, Gurit, are likely to have an uncertain Christmas after the company announced 'severe commercial problems' and issued a profit warning for the group.
MHI Vestas - the world leading offshore wind project company - has announced 70 new jobs at its blade production facility on the Isle of Wight this week.
Creating 50 new jobs in Fawley, MHI Vestas expands their UK industrial footprint with a new blade painting and logistics facility in the location of the former power station.
Isle of Wight manufacturer of marine hardware, Spinlock, have joined the space race and are working on advanced technology for rescue beacons with the European Space Agency.
The fund has been extended to include any SMEs in the Solent maritime, defence, aerospace, advanced manufacturing and general services support for the defence and advanced manufacturing cluster supply chains.
The Secretary of State for Communities and Local Government, Sajid Javid MP, was due to be crossing the Solent tomorrow (23rd March) and to tour the new Centre of Excellence for Composites, Advanced Manufacturing and Marine (CECAMM). After the events in Westminster today, this is now uncertain.
Leading Inflight Entertainment & Connectivity (IFEC) provider, IFPL, celebrated a major milestone this year supplying their two millionth industry part to a key Original Equipment Manufacturer (OEM).
Isle of Wight MP, Robert Seely, says it's vital we protect shipbuilding on the Island. Adding that "We need a jobs agenda, not a house-building agenda".