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Nine more jobs saved at Mustang

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mustangTHE DRY dock division Pembroke Dock boat-building and repair firm Mustang Marine has been sold, protecting nine jobs, say administrators. 

The firm went into administration this year after making significant losses when key contracts overran. The sale of the boat building and marine operation has saved another 30 jobs, administrators said on Thursday (May 29). Alistair Wardell, from company administrator Grant Thornton said: “We are delighted to have been able to conclude a deal for the dry dock part of the Mustang business, having last week finalised a deal for its boat building and marine services operation based at Pembroke Dock. “This is very good news for the nine skilled employees who have remained working for the company at Milford Haven through the administration process. “The new owners, who were also among the largest of the Mustang Marine (Wales) creditors, are confident in being able to grow and expand the business in Milford Haven.” The Herald understands that the dry dock business has been bought by a local industrial painting firm which was owed money by Mustang. Rebecca Evans AM, Assembly Member for Mid and West Wales, has welcomed the news that the sale of the boat building and marine services arm of Mustang Marine to a consortium of investors has been concluded, and that jobs have been safeguarded as a result. She has also welcomed the news that buyers have been found for the company’s former dry dock facility at Milford Haven, with the potential for job creation. In a letter to Assembly Members this week, the Minister for Business, Enterprise, Transport and Science said: “I am writing to provide a further update on events regarding Mustang Marine, the boatbuilding and repair firm based in Pembroke Dock who entered administration in March 2014. “Members will wish to note that the appointed Administrator, Grant Thornton has been able to conclude the sale of the boat building and marine services arm of the former business at Pembroke Dock to a consortium of investors. The new company Mustang Marine Ltd will employ the 30 existing staff to continue working on a number of ongoing projects and is aiming to grow sales, expand the business and increase the workforce which is to be welcomed. “Members will also wish to note that the Administrators have also this week secured the sale of the company’s former dry dock facility at Milford Haven to a second consortium with the potential creation of a further 10 jobs.” Mrs Evans said: “I welcome the news that a successful sale means that the existing workforce of 30 at the boat building and marine services arm of the former company will keep their jobs, and that the new owners are committed to working to increase sales and expand the business with the aim of creating further skilled jobs in future. “I also welcome the news that the nine remaining employees at the dry dock arm of the former business also have their jobs safeguarded, and that the Minister sees the potential for the creation of a further 10 jobs at that site in future. “I wish the new owners well, and hope that the companies will now go on from strength to strength.”

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Fishguard RNLI launch to attend injured fisherman 13 miles offshore

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FISHGUARD’s RNLI’s all-weather lifeboat launched early on Monday (Jan 17), with a full volunteer crew, to rendezvous with an Irish scalloper fishing boat which had an injured crew member aboard. The 14-metre fishing boat ‘ Golden Fleece’ had requested assistance by making radio contact with HM Coastguard. 

The lifeboat launched at 7.30am in calm conditions and headed to the fishing boat positioned approximately 13 miles north of Cemaes Head. Once on location the injured fisherman, who had suffered a significant finger injury, was transferred to the lifeboat. No further medical assistance was necessary from the lifeboat crew but he was kept under observation during the return journey to Fishguard where he was transferred to an awaiting ambulance upon arrival at 8.30am.   

 

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Brains’ £100 million sell-off plan includes local pubs in Pembrokeshire

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SA BRAINs is close to completing a £100m deal which will see the sale of 100 Wales pubs, including Pembrokeshire locals, it has been reported.

It is reported that Wales most prominent brewers will sell the freeholds to 100 of it’s pubs to a consortium.

Brains currently has a portfolio of 200 pubs across Wales and the South West.

Sources within the pub industry said that the transaction could be signed in the next few days.

The deal is to be made with Song Capital and Cerberus Capital Management, the former owner of Admiral Taverns.

The deal, which is thought to be around the £100m mark, is expected to be used by the Brains’ family shareholders to pay down debt.

The hospitality sector has been hit severely by the Coronavirus pandemic, being forced to close for long periods at a time and then reopening with strict restrictions.

In 2020, Brains struck a deal with Marston’s to operate 141 of its pubs, under the Welsh brewers brand, following financial pressures of the Covid-19 pandemic.

Six Pembrokeshire pubs are earmarked to be included in the transaction; The Ferry Inn, St Dogmaels, Crown Inn, Tenby, Grove Hotel, Narberth, Waterman’s Arms, Pembroke, Harbour Inn, Solva and The Galleon, Broad Haven.

The sale will see the Brains pub estate as a family-owned brewer with a small residual pub portfolio.

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St Clears’ McDonald’s opening delayed for a week

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McDonald's sign

THE OPENING of the new 100-seater McDonald’s in St Clears has been delayed by a week. 

The restaurant, which will be built along the main approach road to Pembrokeshire, aimed to open its doors on Wednesday, January 19. 

However, the company has confirmed that the opening has been postponed until Wednesday, January 26. 

The new McDonald’s will join Haverfordwest and Pembroke Dock McDonald’s as the only members of the company located west of Carmarthen. 

It hoped to provide over 80 full and part time jobs due to being open around the clock. They hosted a recruitment day in December 2021. 

The original applications had previously stated that the McDonald’s would be open 24 hours a day. A premises licence application is currently being made to the County Council for the “provision of late-night refreshments” which, if accepted, would allow the restaurant to be open 24 hours a day.

It will open on the opposite side of the road to Travelodge and Starbucks, which replaced the Little Chef restaurant in 2017.

The restaurant was initially going to include a separate building which would have accommodated a Costa Coffee. However, it will now host a Greggs. 

Alongside this, planning permission has been granted separately for a petrol station with six electric charging points.

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