The sister company of a Cowes boat building and repair facility is refusing to comment on imminent closure plans.
Asking “Why is this a news story?”, Alicat Workboats would confirm neither the number of redundancies on the Isle of Wight, nor the date that South Boats IOW Ltd will shut its gates.
Isle of Wight Radio has been told that from the end of this month (June) “the unfortunate decision” has been taken to close South Boats IOW Ltd. Isle of Wight Radio understands that final bills for South Boats IOW Ltd will need to be addressed to Alicat Workboats in Great Yarmouth, where business will continue.
In 2012, as Isle of Wight Radio reported, it was thought more than 120 jobs were saved when the Medina Yard firm was sold out of administration.
Medina Yard is due to be developed by the Harrison Trust after Isle of Wight Council gave permission in March.
On its website, Alicat Workboats describes its business as building…
“…the Alicat Workboat range of aluminium catamarans. We also build vessels from the range of sister company South Boats IOW Ltd as well as vessels to customers [sic] bespoke designs. Our naval architects have a portfolio of vessel designs in aluminium, steel or glass reinforced plastic (GRP) to suit most sectors. We can work to existing customer designs, or develop new vessel designs for you.”
In February, Alicat Workboats tweeted that business was going well in Cowes.