Advanced Insulation invests £8M in new subsea buoyancy factory in Gloucester

Advanced Insulation invested over £8 million in a new 65,000 sq ft factory in Gloucester, UK, to increase capacity for subsea buoyancy products. The company signed a ten-year lease and will transfer buoyancy production from Plymouth to the new facility.

“Advanced Insulation has invested over £8 million pounds in a new facility in Gloucester, due to the steadily increasing demand for its subsea buoyancy products.”offshore-energy.biz

• 1 source
• offshore-energy.bizAdvanced Insulation invests in new facility due to increase in subsea demand - Offshore EnergyAug 28, 2020

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