InvestFife Logo
NEWS
To discover the latest developments in the Kingdom of Fife, you can read all about them on our regularly-up-dated news page.
SEE ALL CASE NEWS
EVENTS
From online training to face-to-face networking, our Events page will help you identify suitable events for your business and provide you with further information on how to book.
SEE ALL EVENTS
CASE STUDIES
Learn more about our Fife’s thriving business economy by viewing our collaborative case studies. With representation across all sectors, this is a hub promoting business success.
SEE ALL CASE STUDIES
Menu

Helping you grow and succeed

We are InvestFife. Our goal is to bring enterprise in Fife together and help promote our Kingdom as a destination to grow and succeed in business.  Our encompassing services provide information, reassurance and support to help you invest or grow your business.  InvestFife offers a one-stop solution for all your investment queries.  Our dedicated and responsive team are waiting to help you grow your business vision today.

WHO WE ARE

Offering an unbeatable quality of life

The best life is the Fife life.  We are on the doorstep of Edinburgh, Scotland’s thriving capital city, yet you can also enjoy a more casual pace of life. Surrounded by over 100 miles of magnificent coastline and with an endless amount of leisure, historical and entertainment amenities, our Kingdom truly is one of marvel. Our enviable setting ensures that Fife is a commutable region for 70% of Scotland’s central population belt. Affordable housing, excellent transportation links and first-class lifestyle amenities make for the perfect work/life balance.

LIFE IN FIFE

Key Sectors

Fife benefits from a flourishing economic landscape represented by several key sectors. From SMEs to multinational brands, the opportunity to invest in the Kingdom of Fife has never been greater. There are currently 9000 businesses currently operating in Fife, and we are primed and ready to welcome and support the next enterprise to invest in our Kingdom.

SECTORS

Immediate land available at competitive commercial rates

Our expert team at InvestFife can help you source suitable land and property that will help your business flourish. From the east to the west of Fife, our portfolio is expansive.   Competitively-priced land and property in prime, easily accessible and commutable locations are available immediately.

LAND & PROPERTY
NEWS
To discover the latest developments in the Kingdom of Fife, you can read all about them on our regularly-up-dated news page.
ALL NEWS
EVENTS
From online training to face-to-face networking, our Events page will help you identify suitable events for your business and provide you with further information on how to book.
ALL EVENTS
CASE STUDIES
Learn more about our Fife’s thriving business economy by viewing our collaborative case studies. With representation across all sectors, this is a hub promoting business success.
ALL CASE STUDIES

METHIL FACILITY INTEGRAL TO HARLAND & WOLFF'S UK OPERATIONS

InvestFife news

December 8, 2021

Harland & Wolff, which focuses on strategic energy infrastructure, fabrication, shipbuilding, and vessel repairs, acquired BiFab’s former Methil site in February of this year.

It was a strategic purchase, which also saw it acquire BiFab’s Arnish site as part of the deal. Ultimately, the Methil site offers Harland & Wolff the opportunity to support the full lifecycle needs of the maritime and offshore industries.

John Wood, CEO of Harland & Wolff, said:

“One of the really exciting things about Methil is the opportunity to bring our five markets and six sectors to Fife. Traditionally that site has had a limited focus, but our strategy is very much to service all our markets and sectors from here, with a strong local base of available skills to support the business.”

In the space of just twenty months, Harland & Wolff has made four significant acquisitions and investments across the UK, which includes the Methil site; upgraded facilities; and has also been given the green light to push ahead with a vital gas storage project in Northern Ireland, which is expected to provide over 25 per cent of the UK’s current natural gas storage capacity.

It has 250 acres of fabrication facilities across the group; one of the largest fabrication footprints in the UK, which will support the group’s established sales pipeline, which now stands at £1.8 billion over the next five years.

John added:

“We’ve invested significantly in our Fife site. We’ve made upgrades to the facility, as well as machinery and utility services; remapped production lines; purchased machinery; and invested in a paint facility to enhance efficiencies. We’ve spent more than £10 million in the last eight months to ensure we have a base from which we can excel and deliver.”

John continued:

“Having grown our operations significantly in the last 20 months, it is important to ensure we have a blended approach across the business. Work sharing and sharing knowledge between sites is vital and will reduce fabrication timelines by as much as 30 per cent.

“We’re about 85 per cent integrated - we’ve still some more to do, but we’re achieving the efficiencies we’d hoped for, and we’re winning contracts we were hoping to win. It is still early days - it’s not even a year since the acquisition - but we’re in the right place.”

Harland & Wolff’s Methil site is contributing its share of pipeline projects. Currently, it is competing for 17 projects, but the site is also considered as a supporting facility for the group’s operations. There is talk to create a specialist pipework fabrication centre at Methil to service the shipbuilding, energy and oil and gas sectors.

In April, just two months after acquiring the Fife site, Harland & Wolff announced it has secured a significant deal with Saipem to deliver eight wind turbine generator jacket foundations. Over 250 people – including some former BiFab employees and 11 apprentices - will be employed to deliver for Saipem over the next eight months, whilst it also tenders for two further elements of the project.

John Wood continued:

“I know the Fife area well, having grown up here. I know the skills-set; the renewables projects that are happening off its coast; and the accessibility by marine freight between our sites in Arnish, Belfast and Appledore, makes the transportation of materials relatively easy.

“We are in a prime position to capitalise on new opportunities and Fife plays straight into the centre of that, giving us a strong east coast presence.”

With a pipeline as robust as it has, Harland & Wolff is keen to host supplier days, as it seeks to explore supply chain opportunities across its UK sites. John concluded:

“We need to develop our supply chain as we continue to grow, and we’re keen to delve into the rich supply chain here to support our operations. Fife has a vibrant range of businesses, with a forward-thinking technology base – we’re hoping to pick up a range of highly-skilled, niche suppliers to support our growth.”

Other Latest News

crossmenu-circle

Welcome to InvestFife

INSTALL
×