Newspaper article Evening Chronicle (Newcastle, England)

Recovering Firm Doubles Staff

Newspaper article Evening Chronicle (Newcastle, England)

Recovering Firm Doubles Staff

Article excerpt

Yard barges ahead with revival

A Tyneside yard is set to double its workforce just two months after it was on the brink of closure.

McNulty Offshore, in South Shields, is set to recruit more than 100 staff next month as it prepares for the arrival of two multi-million pound barges being built for the Kazahstan oil programme.

It plans to raise its 126-strong workforce to well over 200 when the vessels arrive in July.

The yard is recovering after it was forced into administration in April.

It had to make 160 workers redundant when a payment dispute over a multi-million pound contract led to cashflow problems.

It was saved after subsidiary Consafe McNulty JV bought McNulty Offshore Contractors' assets.

Owner of the firm Steve Keyworth said the company was well on its way to recovery.

He said they were slowly taking on new people by the week and expected a recruitment boom by the end of next month.

He said: "We are doing exactly what we said we would do. …

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