Assurances on jobs as town fishing firm is sold

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Assurances have been made that the recent sale of a world-famous Alnwick fishing firm will not affect jobs or the company’s base in the town.

It was announced this week that Hardy & Greys and its subsidiary Hardy Advanced Composites have been sold to a leading global provider of fishing tackle, US-based Pure Fishing, Inc. for an undisclosed sum.

The company, which has been based in Alnwick since its formation in 1872, and its subsidiary employ around 100 people.

Speaking to the Gazette, a spokesman for the firm, which has supplied rods to Royals including the Prince of Wales, said: “The buyer has been very, very firm in their desire to maintain Alnwick as the headquarters of the business, both from a brand point-of-view and from a fly-fishing point-of-view.

“There’s been no discussion about any reorganisation or job losses.

“Because their portfolio is not as strong in fly-fishing as they would like, they are looking to the experience of the people in Alnwick to progress their business.”

Indeed, the staff has increased in recent months with nine new people taken on in the town for the composities side.

Richard Maudslay, deputy chairman of Hardy & Greys, said: “Hardy & Greys has found a buyer which shares the company’s vision to develop its strong operations, not just in the UK, continental Europe and North America, but around the globe, which is very good news.”

Both MP Sir Alan Beith and Alnwick councillor Gordon Castle have been encouraged by the announcement.

Sir Alan said: “Given the importance of American and worldwide sales, jobs in Alnwick could be safeguarded by ending the uncertainty of the future of the business through this purchase.”

Coun Castle said: “I think it’s very positive news for the firm and for Alnwick.”