Cornish boatbuilder Cockwells to create 38 jobs after securing £1.8m

Cornish boatbuilder Cockwells is set to create 38 new jobs over the next three years after securing a £1.88m investment. The Mylor Bridge-headquartered company will use the cash injection to expand its South West shipyard operation at Ponsharden, between Falmouth and Penryn.

The funding has come from the Cornwall and Isles of Scilly Good Growth Programme, which is managed by Cornwall Council.

Cockwells specialises in high-end custom yachts, superyacht tenders and motor launches, including the Duchy and Hardy brands. It employs more than 140 people and has a global customer base.

The investment will be used to modernise its two fit-out halls at Ponsharden and will enable the business to manufacture its new Duchy 45 motor yacht on the site from this year. In total, the expansion is expected to double Cockwells’ ann