Most jobs will go in Havant

Winch manufacturer Lewmar is to cut 95 jobs, mostly from its UK base in Havant, Hants. The re-structuring is required because equipment sales to boatbuilders have dropped by 30 per cent in recent months, the company told Boating Business.

‘There is no real indication of a recovery this year,’ said CEO Peter Tierney.

But he said the move would secure the company’s future.