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The following article was published in our article directory on December 3, 2010.
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Sailing in the most superb of luxury

Article Category: Lifestyle

Author Name: Mary Louise

Princess Yachts International Plc is a first-rate example of a group that has been successful in defeating many of the prime problems of the global monetary disaster. Princess Yachts, a UK manufacturer of yachts is an intercontinental provider of such products for the worlds high status boat owners. The luxury brand name has been in business from 1965, and originally centred mainly on the production of 20- to 30-foot ships. Five years later on, the luxury brand name started developing luxury yachts with the launch of its applauded Princess 32.

After more than forty years of experience, Princess Yachts has come to be thought to be a pillar of the luxury boat industry. Initially, its initiator, David King, named the company Marine Projects (Plymouth) Ltd. Since then, it has introduced eighty distinctive models of yachts to the marketplace. In 2001, the yacht manufacturer was named Princess Yachts International Plc.

In the 1st quarter of 2009, Princess Yachts International Plc accomplished an in-depth strategic investigation that resulted in high-level plans to make the brand name stronger and poise it for triumph despite the financial decline. A key component of management?s new strategy consisted of an investment of millions of pounds in the latest in luxury facilities to be established in Plymouth along with their additional sites. The plan also included investments in more skills and training of Princesss staff to help manufacture of more considerable ships, including a brand new 130-foot flagship yacht.

The company, which has a physically powerful track record of admirable faithfulness to its workforce, felt at the time that it might only continue to run with a reorganized personnel of about 1,700. This came as a devastating strike to some employees, mostly those in certain fabrication roles who had previously seen a 10 percent decline in their workweek hours the prior December in a bid to rescue positions that were in jeopardy. Even so, the company defended its employees reduction approach as being by far less impactful than those of its rivals.

Soon after the choice was made the brand name secured rental and made a shift to a new site which permitted them the opportunity for construction on larger luxury craft and this gave the company a competitive edge.
Of late, Princess Yachts was granted the high status "Boat of the Year Award" for the Sports Cruiser Group. The tribute was presented at the London International Boat Show, and the triumphant vessel was Princess Yachts? Princess V62. It's the second year consecutively the producer takes the reward in this category, reinvigorating its competence of the performance motor yacht market.

Princess Yachts are witnessed at some of the most impressive shows throughout the world as well as the Monaco Yacht Show .

If you crave to take to the seas in luxury of the very best and stylishness then head over to them and take a look at what is on offer!

Keywords: very best,luxury,awards,verybest.com,Princess yachts,yachts,yachting,boats

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