On Friday I was delighted to be the keynote speaker at the opening of a new production facility in Lancaster.
In the summer, First Subsea, leading designers and manufacturers of Cable Protection Systems for fixed and floating offshore wind farms, announced it had won major contracts to supply several offshore wind projects in overseas markets. Its cable protection systems are designed specifically for the challenging environmental conditions associated with offshore wind farms.
This has given the company the opportunity to transition away from oil and gas to the renewables market with £12 million of export orders – and open a new production facility at the Lune Industrial Estate in the city.
First Subsea are at the cutting edge of these new technologies and I’m proud they started and have grown their business right here in Lancaster. Congratulations to everyone involved and I look forward to following your progress.