The general manager says the investment means the facility in East Cowes, which employs over 1,000 Islanders, will not only be able to survive, but thrive and grow.
One of the group with plans for a cultural arts centre in East Cowes points out that she's been fighting for five years to keep employment on the site and would do nothing to jeopardise that.
The new curriculum will include boat-building, including specifications and designing prototypes; navigation electronics; celestial navigation; tides; admiralty chart conventions; shipping forecasts; practical boat-handling skills; and attending Cowes Regatta to celebrate the production of boats.
Isle of Wight based Diverse Marine have signed an Agreement with SAFE Boats International to represent the company’s world renowned product portfolio in the United Kingdom.
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.
The installation of the world’s most powerful commercial turbine in Moray Firth means more local, clean energy jobs in Scotland and across the UK, including the most recent expansion of blade production at MHI Vestas on the Isle of Wight
A new blade mould arrives at the MHI Vestas factory on the Isle of Wight, bringing with it a forecast of 1,100 direct and indirect jobs in the region, as well as £42m million additional economic benefit per year.
Isle of Wight based, Datum Electronics, has been awarded a contract to supply Oldendorff's fleet with Datum Shaft Power Meter systems, representing a major endorsement of their products and skills.
MHI Vestas Offshore Wind, based on the Isle of Wight, have made a stunning announcement at the Global Wind Summit in Hamburg today (Tuesday), revealing the first win turbine in history with power rating of 10 MW.
SMS say they've had great wins with Condor Ferries, Red Funnel and Brittany Ferries whilst their sister company, the Wight Shipyard Co, goes from strength-to-strength in the new build sector.