# 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.

- Type: New facility
- Announced: 2020-08-28
- Where: Gloucester, United Kingdom
- Value: $10.5M (8.00M GBP)
- Status: announced
- Capacity: 65,000 sq ft
- Products: subsea buoyancy products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Advanced Insulation](https://endata.com/companies/49573.md)

## Sources

- [offshore-energy.biz](https://www.offshore-energy.biz/2020/08/28/advanced-insulation-invests-in-new-facility-due-to-increase-in-subsea-demand), 2020-08-28: "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."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.