AN IT provider has moved to new premises as demand for its services continues to grow.
Professional Network Technology Solutions (PNTS) has switched from Spennymoor, County Durham, to NetPark, in Sedgefield.
Launched in 2015 by Paul Ashley and Mark Pearson, the firm, which provides IT design, installation and maintenance services, has doubled its turnover in the last year from £150,000 to £300,000.
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The pair chose NetPark’s Incubator base with an eye to the site’s technology focus and its location.
Mr Ashley said: “Since launching, we have enjoyed steady growth, working with a range of clients across the manufacturing, science and technology sectors.
“Being at NetPark gives us the perfect base from which to continue managing our continued success and growth plans.”
NetPark is run by Business Durham, Durham County Council’s business division.
Simon Goon, managing director, said: “We’re delighted PNTS has relocated to NetPark and has recognised it’s a fantastic place to grow a business among some of the world’s most innovative companies.”
Last month, ground was broken on a £7.4m innovation centre at NetPark, which bosses say has the potential to make the North-East a national technology and science hub.
The Explorer development will house facilities such as laboratories, clean room space and offices for firms to scale up work, with businesses expected to move in early next year.
It forms part of a strategy to create thousands of jobs and pump £400m into the region’s economy.
It also comes after officials told The Northern Echo that NetPark needed to expand to meet a waiting list of firms keen to raise their presence nationally and internationally.