Construction work is underway on the waterfront in Poole on the first phase of prime new waterfront facilities for leading international boatbuilder Sunseeker International. Signalling its long term future commitment to Poole, the new facility will significantly increase the company''s manufacturing capabilities and further enhance the waterfront in Poole which is already a major visitor attraction.
Due for completion this year, phase one of the expansion represents an additional 10% manufacturing area of 32,000 ft2, enabling Sunseeker to double capacity for large boat construction at the shipyard and increase the workforce by 100 employees – the company already employs over 1,400 highly trained staff. As a result, the total manufacturing area will increase to 352,000 ft2.
Commenting on the significance of the development, Sunseeker''s Managing Director, Robert Braithwaite MBE said ''Our business here in Poole has doubled over the last 5 years and demand for larger boats is increasing . Such major investment will enable us to continue with this rate of growth and firmly demonstrates that we are here to stay in Poole for the long term. With increased confidence, we can continue to develop and build the largest and finest yachts in the world and further improve the delivery of sophisticated superyachts.''
In regards to the economic implication of this expansion of Sunseeker''s operations, it was estimated Sunseeker generates around £160 million for the local economy. Bearing in mind that the value of tourism (direct and indirect) to the Poole economy is estimated at around £154 million p.a., the scale of Sunseekers impact on the economy is brought into sharp focus.
The new building will accommodate production facilities for the company''s award winning Yacht Division including a new moulding operation for the 94 Yacht, Predator 95 and Predator 100, more vacuum infusion processes and a central resin system. As a result, existing manufacturing facilities will enable the company to increase the rate of production of the 82 Yacht and Predator 82 by 100% ensuring a minimum of one model built every 2 weeks. Included among the additional production services will be two new customisation facilities, enabling fitting-out and product enhancement.
Future proposed phases of development for Sunseeker on the waterfront in Poole, will involve the establishment of more new manufacturing facilities for the production of Sunseeker craft above 120 feet (LOA).
A global leader in the design and build of luxury motoryachts, Sunseeker International exports 99% of its product range and employs over 1,400 highly trained staff in their shipyards on Britain''s South Coast. Sunseeker International is widely recognised as the pre-eminent marine brand in the world today.
The SuperYacht Times iQ 2018 Report
Did you know that in 2017....
- 180 new yachts over 30 metres were sold
- 149 new yachts over 30 metres were completed
- 443 yachts over 30 metres were under construction
- 30% of the yachts under construction were available for sale
- 20% of the yachts were owned by clients from the USA