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Polar Technology To Create 160 Engineering Jobs In Oxfordshire

27 Jun 2016

Polar Technology To Create 160 Engineering Jobs In Oxfordshire

Polar Technology Management Group is to create 160 new engineering jobs in Oxfordshire with a new research and development facility in the village of Eynsham.

The investment in the new centre will cost around £12 million with Polar Technology coughing up most of the money with an injection of £7 million. Banking giant HSBC will contribute around £5 million and the government will provide the balance of £2 million via its Regional Growth Fund.

Based in Oxford, Polar Technology Management Group is a specialist in designing, developing and manufacturing high-tech engineered components for sectors and industries including aerospace, automotives, clean processing, defence, energy and motorsports.

The 160 engineering vacancies at Polar Technology in Eynsham will be created over the course of the next five years, with a range of different products to be worked on by the new recruits.

Commenting on the new engineering jobs within his company, Polar Technology Management Group’s chairman, Scott Roberts, said: “With the launch of the project we’ll be recruiting 160 new employees to invent, design and manufacture sophisticated component solutions from composite materials for our customers.”

“Our unique techniques will produce stronger, lighter and more efficient engineering structures, which will be used in industry sectors across the globe,” added Mr Roberts.

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