Renishaw is one of the world`s leading engineering and scientific technology companies, with expertise in precision measurement and healthcare. The company supplies products and services used in applications as diverse as jet engine and wind turbine manufacture, through to dentistry and brain surgery. It is also a world leader in the field of additive manufacturing (also referred to as metal 3D printing), where it is the only UK business that designs and makes industrial machines which ‘print` parts from metal powder. The Renishaw Group currently has more than 70 offices in 35 countries, with around 4,000 employees worldwide. Around 2,600 people are employed within the UK where the company carries out the majority of its research and development and its manufacturing.
Renishaw was established in 1973 by David McMurtry (now Sir David McMurtry), Chairman and Chief Executive, and John Deer, Deputy Chairman. The company's first product, the touch-trigger probe, had been invented by Sir David to solve a specific inspection requirement for the Olympus engines used on the supersonic Concorde aircraft. This innovative product led to a revolution in three-dimensional co-ordinate measurement, enabling the accurate measurement of machined components and finished assemblies.
Throughout our history we have made a significant commitment to research and development with typically around 14% to 18% of annual sales invested in research and development and engineering. This has enabled the company to diversify into sensors for CNC machine tools which are used for automating machine setting operations and in-process part measurement, position encoders for accurate motion control, laser interferometry for machine performance evaluation, systems to produce dental crowns and bridges, Raman microscopes for spectral analysis of materials, gauging technology, additive manufacturing and rapid prototyping, laser measurement and surveying systems, medical devices for neurosurgical applications, and products to improve the diagnosis of human infectious diseases.
The majority of our research and development and manufacturing is carried out in the UK, primarily in the county of Gloucestershire, where our headquarters are based on the site of a former 19th-century mill used to manufacture woollen cloth. We also have assembly facilities located near to Dublin, Ireland and in Pune, India. In 2011 we acquired the former Bosch manufacturing facility at Miskin, near Cardiff, in South Wales; manufacturing commenced there in May 2012.
We have a strong global presence, with more than 70 offices in 35 countries, and some 95% of our sales are made outside the UK. Since our formation in 1973 we have won numerous awards, including eighteen Queen's Awards, recognising Technological Achievement, Export Achievement and Enterprise (Innovation).