Tech firm agrees to 10 more years at Teeside site
A specialist high tech firm has taken a new lease on its office and lab space at a premier science and business park in Teeside.
Micropore Technologies has patented a membrane emulsification and encapsulation process which can used across the pharmaceutical, food, agro-chemicals, aerospace and research sectors.
Originally a spin-out of Loughborough University, Micropore re-located from the East Midlands to the Wilton Centre in Teeside, attracted by the quality of premises.
The company has now committed itself to a further 10 years in its 1,300 sq ft of laboratory and office space.
Steve Duffield, site director at the Wilton Centre, said: "Micropore committing itself to a further 10 years at the Wilton Centre underlines its position as the North East's premier science and business park, and follows an extremely successful few months which has seen companies of all sizes moving to the Wilton Centre, expanding their facilities, or committing to their existing space on long-term leases."
In November 2016, Micropore received an investment of £270,000 from UK Steel Enterprise, the Tata Steel business-support subsidiary, and the North East Angel Fund managed by Rivers Capital Partners, in order to increase its process to industrial production level and to grow its team and customer base.
The company is now looking to export new products.
"We have strong working relationships with a portfolio of exciting and exacting clients and work confidentially with them on their novel, leading-edge formulation developments," said CEO Dai Hayward.