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11:07 on Tuesday
26 October 2004

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Electronics businesses choose Peterborough as ideal start-up location


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New and start-up companies are choosing Peterborough as a base to develop and expand their business.

Its excellent transport connections with London, affordable commercial property and high quality of life are encouraging more companies to relocate to the city.
 

Positively Peterborough


The latest electronics firm to move into the city is Polastar Safety Systems Limited. The company designs, develops and supplies safety lighting based on light emitting diode (LED) systems to illuminate emergency exit routes in helicopters, fixed wing aircraft, trains, tunnels and buildings. Polastar has been established for 18 months and has recently opened its first office at the Peterborough Business Centre.

The company, which employees seven personnel, is investigating long-term commercial property opportunities to build and expand the technical and administrative support that will be needed to centralise the business and provide a demonstration facility. Polastar is interested in relocating to Peterborough’s new Innovation Centre when it opens in 2005.

Ian Brown, managing director of Polastar said: “The company chose Peterborough for a number of reasons such as its easy access to London and road and rail connections to other parts of the UK, especially to airports. Peterborough also has an availability of specialist sub-contractors and suppliers in and around the city.

“We received excellent assistance and support from the Greater Peterborough Investment Agency and Cambridgeshire Small Business Service before and after the relocation which ensured the move was successful.”

February 2004

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