Article: Super-yachts deal for south yard ; Plymouth's top private employer, Princess Yachts International, has cemented its future in the city by announcing a deal that paves the way for super-yachts to be built there.

Plymouth's top private employer, Princess Yachts International, has cemented its future in the city by announcing a deal that paves the way for super-yachts to be built there.

The luxury motor yacht manufacturer has signed the lease for a 15- acre waterfront site at South Yard - and says it will start "immediate production" of a new range of large craft.

The deal secures the jobs of existing workers and spares some of those who were due to be made redundant.

Part of the Devonport Naval base, the South Yard site has been acquired to enable Princess to build a range of large yachts as demand for ever larger vessels grows internationally.

The bespoke craft, which will be more than 100 feet ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!