Harland & Wolff (AIM:HARL) Planning Application – Belfast

Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, is pleased to announce that, as part of the £77 million Recapitalisation Plan for the FSS Programme, the Company has now submitted a planning application to extend its fabrication halls at the Belfast Facility.

The application submitted is for a 4,997m² extension to the existing fabrication halls and will facilitate the automated fabrication of panels of up to 16m² that will be used for the FSS Programme, as well as for multiple projects across all the Company’s markets in due course.

At present, the Company operates from fabrication halls in Belfast covering approximately 35,000m² and it is these halls that will incorporate the majority of the Company’s upgrades, with a key focus being on automated and robotic machinery. As part of this plan, demolition works on certain existing structures in the yard will be undertaken before the end of the month to facilitate the construction of the new facilities. These upgrades, along with an increase in the overall size of the fabrication halls, will ensure that the Company is prepared for future domestic and export opportunities already in the pipeline.

John Wood, Group Chief Executive Officer, Harland & Wolff comments: “It is pleasing to see that the regeneration plans that have been worked on since the acquisition of Belfast Facility in December 2019 are now submitted. The extension of the fabrication halls will give us a substantially improved production flow making us more efficient and cost effective.”