Page last updated at 18:59 GMT, Friday, 8 January 2010

Cornwall boat firm Cornish Crabbers gets new orders

Cornish Crabbers
Cornish Crabbers was helped with European money

A Cornish boat-building firm which went into liquidation in 2008, now has a forward-order book until June.

Cornish Crabbers, formerly Select Yachts based at St Minver, makes traditionally-styled sailing yachts.

Select went into liquidation in November 2008 and its assets were bought by a company set up by sailing enthusiast Philip Langsdale.

The firm was helped by a grant of £150,000 from the European Regional Development Fund.

The boats sell for between £17,000 and £132,000.

Mr Langsdale said: "I am delighted with the success of this business.

"The business which started up with no employees a year ago now employs 28 busy people and has a forward orders through until late summer.

"We are proud of being a British manufacturing business generating wealth for Cornwall and pleased that we have achieved this growth in what has been the deepest recession since the 1920s."

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