Sectors
Polymers
Telford is recognised as a beacon for attracting leading edge companies in the polymer industry and has been known around the world as “Polymer Valley” since the 1980s. The concentration of polymer-related businesses presents opportunities for business development and collaboration across business areas. Telford offers a large pool of skilled people in a variety of areas of the polymer industry – from volume extrusion and injection moulding to niche testing and product development. Ongoing training and development of the workforce is a priority in Telford with an array of complementary organisations specialising in supporting all facets of the polymer industry.
For more information on Polymers in Telford visit the Polymer Page.
Business & Professional Services
This sector is one of the fastest growing sector in the UK and finding a location with the right ingredients is a challenge for all firms. Telford offers companies a profitable mix of a growing population, a growing business base and a well-trained workforce in a central, cost-effective location. The number of people employed in banking, finance and insurance in Telford nearly doubled between 1995 and 2005. This far exceeded the figures nationally and across the West Midlands and indicates the wider growth across business services in the town. Today, more than 15,000 people are employed in the sector, thanks to the relocation and expansion of companies including business and professional service firms, government departments and ICT services companies.
Business Tourism
World class, World famous and one of the fastest growing business tourism destinations in the UK, Telford and Shropshire is positioned among the top UK Conference and Event towns and cities with a national and international client base. Over 6000 events are hosted each year in Telford and Shropshire attracting over 500,000 delegates with strong appeal for the corporate, association and government sectors. This rapidly growing sector is worth over £80 million to the Telford and Shropshire economy.
Building Technologies
Telford has an international manufacturing reputation with strengths in the automotive components, electronics and polymers sectors. Almost 25% of the workforce is employed in manufacturing, higher than the same figures for the West Midlands and the UK. Telford is a regional growth point which will see opportunities in the Building Technologies and in particular offsite manufacturing industry increase. It is therefore seen as a vital growth sector for the town.
