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Built on the Isle of Wight by Wight Shipyard in East Cowes, Red Jet 7 is getting close to being completed and ready for sea trials.
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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".
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Local councillor says as the largest employer in East Cowes, GKN's continued presence is "vitally important", not only to local economy, but also to the education of young people and the local communities.
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For a second time this month, Isle of Wight MP raises concerns about the jobs of GKN workers should shareholders of the global engineering business accept the unsolicited takeover by Melrose.
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The Isle of Wight MP believes this is a concerning development for GKN and for its operation on the Island.
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GKN, based in East Cowes, picked up a Silver Health and Safety Award for achieving the most impressive or innovative improvement in the health and safety culture of the workplace.
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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.
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Bob Seely met with Gurit this week to understand their decision to axe 70 jobs on the Isle of Wight. He discovered it's the technical hub for Gurit worldwide with the company saying it's confident of its future here.
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BAE say the job cuts are necessary to "align our workforce capacity more closely with near-term demand and enhance our competitive position to secure new business". BAE confirm how it will affect the Isle of Wight workforce.
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Gurit have said the change in technology for wind blade production over the past ten years will result in large job losses from the Newport plant.
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An Isle of Wight company is about to benefit from an injection of £7m from Red Funnel which will secure 85 highly skilled jobs.
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Two variants of Britten-Norman's Defender aircraft were showcased in the static park of this year's Royal International Air Tattoo last weekend.
