DriveRight, an independent supplier of automotive, wheel and tyre data, founded 15 years ago, has established a UK R&D team and wheel and calliper consultancy within a newly-opened building within the MIRA Technology Park, owned by Japanese company Horiba which acquired the facility last year.

DriveRight works for wheel and tyre makers worldwide and recently announced plans to expand further. The move to MIRA, near Hinckley, is a first step.

CEO Richard Bailey said: "We have enjoyed successful business relationships with many of the leading manufacturers, not only within the wheel and tyre industry, but also major vehicle manufacturers – many of which also enjoy close links with Horiba MIRA; something we consider very beneficial in our move to the technology park.

"We see the park becoming the focal point for the automotive industry and we hope the ability to collaborate with our neighbours also based on the park far more easily than before will open doors for all parties."

Horiba Mira commercial director Terry Spall said: "We're delighted to see yet another international firm set up its R&D facility on the site. DriveRight is already seeing the value in being based at the park and are taking advantage of the extensive  facilities and proximity to many OEM and Tier 1 R&D teams right on their doorstep; both key USPs for companies basing themselves [here]."

Park tenants include Aston Martin, Bentley, GKN, Bosch, Continental and Goodyear.