Sixteen staff at Coastal Marine Boatbuilders have been made redundant following the Eyemouth-based firm’s fall into administration.
The redundancies, which will see the current workforce halved, have been deemed necessary by PCR Recovery, the administrators called in to deal with financial problems which came to light a few weeks ago.
In a statement issued earlier this week, a representative for PCR commented: “Since our appointment we have conducted a review of the business and it was apparent that with the current level of activity the business was seriously over-staffed.
“We recognise that redundancies are extremely distressing for all of those affected but they were unfortunately necessary in order to protect the business.”
The news of the redundancies at Coastal Marine Boatbuilders is all the more devastating given the firm’s promising start to the year when it was revealed they had been awarded a contract to build support vessels for an offshore wind farm.
But now less than six months on the firm is coming to terms with the fact that it has to lose half of its workforce, a course of action that has prompted an outpouring of both shock and support from Berwickshire ploticians.
South of Scotland MSP Paul Wheelhouse, who lives in nearby Ayton, said he hoped that a new buyer could be found “so that the exciting opportunities for the town of Eyemouth that are presented by the offshore renewables industry can be fulfilled.”
He commented: “The news of any business in the Scottish Borders going into administration is devastating at any time, and my first thought is for all those at Coastal Marine Boatbuilders who face the threat of redundancy and for their families in Eyemouth and further afield for whom this will be a particularly stressful period.
“It is a particularly sad indictment of the contraction in the Eyemouth fishing fleet in recent decades that this has happened to Coastal Marine Boatbuilders, and all the more frustrating given that the yard had only recently been awarded the contract for building the offshore wind farm support vessels, which had led to great optimism that it marked a turning point for the company’s future.”
Berwickshire MSP John Lamont added: “The last few years have been tough on Eyemouth’s economy and we cannot simply stand idly by and watch the situation deteriorate further,
“It is vital that the Scottish Government does what it can to help rejuvenate the local economy.”