A company which supplies rubber mouldings to the automotive industry is the latest business to expand its operation by moving to one of Peterborough's newest business parks.

AE Rubber (UK) Ltd has relocated to Talon Court, Eagle Business Park in Yaxley this month.

When Talon Court was launched in Spring 2010, AE Rubber (UK) Ltd was in its fledgling stage after being founded in February of that year. Within the last 2 years the company has grown to see a turnover reach £1m. Karl Snith commented "as our business has taken off, so we've outgrown our current premises which are, essentially, just half a building. At Talon Court we will have our own stand-alone premises in a brand new, purpose-built business park. Not only will the larger premises mean we can warehouse and deliver more from one site, but it's also a base from which we can plan for the future growth of the company".