Palmer Johnson to close U.K. boatyard, cut 110 jobs

Publish date:
Updated on

U.S.-based yacht manufacturer Palmer Johnson is closing its operations in Hampshire, U.K., a move that will cost 110 jobs.

And the company's plans to build a boatyard on the former VT site in Southampton, which would create 800 jobs, are in limbo, the Daily Echo newspaper reports.

Click here for the full report.