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 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 over 4,000 employees, of which 2,700 people are employed within the UK. The majority of the company's R&D and manufacturing is carried out in the UK and for the year ended June 2015 Renishaw achieved sales of £494.7 million of which 95% was due to exports. The company's largest markets are China, USA, South Korea, Germany and Japan.
Renishaw was established in 1973 by David McMurtry (now Sir David McMurtry), Chairman and Chief Executive, and John Deer, now 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.
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