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Marine South East looks to the future with RAF decision

RAF Hythe site

Marine South East sees the purchase of RAF Hythe by SEEDA as a great step to relieve the pressure on marine companies to find suitable sites to expand and develop their business.

SEEDA has shown a commitment to see the site retained for marine industry use and with the critical shortage for such sites in this area, this is one solution that will give companies in the region a chance to remain in the region.

Jonathan Williams, Chief Executive of Marine South East, commented: “We are delighted to see this superb waterfront site safeguarded for marine employment and wealth creation. However, through the Waterfront Strategy, which we have been working on with SEEDA, we need to ensure that marine companies continue to have priority access to sites such as these.”

Mark Merritt, Group Managing Director of Formula Yacht Spars based in Lymington agreed, “ the recognition of practical needs for marine firms helps maintain and grow local jobs in the area. It is a major boost for exporting and can help us build on Formula’s recent achievements” Formula received the UKTI/ SEEDA award South East Exporter of the Year 2007 and Best High Growth company for consistent growth performance. During the last year Formula has built America’s Cup rigs for two teams and SuperYacht large rigs, some in Carbon and others in Aluminium. “Hythe is ideally situated to enable companies to compete in World markets” he said.

If you would like to find out more visit the SEEDA website http://www.seeda.co.uk

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Posted 2007-05-02 16:54:14

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