Interesting article from the Plymouth Herald:

Luxury boat maker Princess Yachts wants to build another factory in Plymouth’s freeport area so it can produce more vessels, employ more people and fulfil a US$1bn order book.

The manufacturer is considering a new production facility at its South Yard base, in Devonport, which is included in Plymouth’s £50m tax-break freeport area.

It is early days and no plans have yet been drawn but the firm and Plymouth City Council have confirmed a new factory is very much on their radar.

And Princess Yachts is just one of several businesses, including some from abroad, which are eyeing the freeport, to be called the Plymouth and South Devon Freezone.

Read the full article here: Princess Yachts want to build another Plymouth factory – Plymouth Live (plymouthherald.co.uk)