Cammell Laird
In 1997 the British shipbuilding company Cammell Laird based in Merseyside, were looking to expand their operations outside the UK and in early 1998 a management team arrived at Gibraltar. The yard was reopened and the first ship docked within a few weeks. The dockyard's future was again put at risk when in early 2001 Cammell Laird Group PLC ran into difficulties, which eventually led to its closure.
When it became inevitable that Cammell Laird Group PLC was to close, senior management in Gibraltar, with the backing of the Government of Gibraltar, were successful in their quest to source the necessary financial assistance to keep the company's Gibraltar operations running.
Read more about this topic: Gibdock
Famous quotes containing the word laird:
“An amoeba is a formless thing which takes many shapes. It moves by thrusting out an arm, and flowing into the arm. It multiplies by pulling itself in two, without permanently diminishing the original. So with words. A meaning may develop on the periphery of the body of meanings associated with a word, and shortly this tentacle-meaning has grown to such proportions that it dwarfs all other meanings.”
—Charlton Laird (b. 1901)