LDD moves into new base

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Large Diameter Drilling (LDD) has officially moved into its new £3.5 million premises on the Tolvaddon Energy Park.

LDD investment

LDD, which provides specialist marine and subsea foundation installation services, has enjoyed rapid growth since being founded in 2007, boasting a turnover in excess of £77 million.

It struggled, however, to find suitable premises after outgrowing its original base in Rosemanowes Quarry, Herniss, and was aided by £1.8 million of Convergence funding.

MD, Jason Clark, said: “The right business space to support the growth of the business simply wasn’t available in Cornwall, so it’s thanks to ERDF investment that we were able to create this bespoke workspace that is fit for purpose and will allow the business to continue to expand and remain a key player in the global energy and construction sectors.”