Investment in R&D reaps dividends at Renishaw

Renishaw, the Gloucestershire-based engineering company, is continuing to recover from the difficulties faced by the engineering sector in 2009.

As a consequence, the company is currently seeking some 110 new employees for its UK operations, the majority of whom are for its sites in Gloucestershire. The company also has 80 vacancies within its overseas operations.

Speaking about the news, Sir David McMurtry, Renishaw’s chairman and chief executive, said: ’Despite the difficulties that we faced last year we have continued to invest strongly in research and development programmes in both our Metrology and Healthcare sectors.’

As an example, this has seen us commit to double the footprint at Renishaw Diagnostics facilities in Glasgow and to recruit staff for a commercial organisation that will enable us to take to market our medical diagnostics products for the detection of human infectious diseases.’

He continued: ’This focus on new R&D programmes and continuing improvement in activity levels has therefore led to a strong recruitment drive to accelerate the market launch of new products, and to be able to meet our customers’ service expectations. We are therefore currently seeking to fill a wide range of positions, from CNC setters/operators and production engineers, to software engineers and MR physicists, and we fully expect to be adding further vacancies in the coming months.’

Renishaw has also revealed that since last September it has recruited some 220 people, but did note that around 120 of these employees are currently subject to fixed term contracts, reflecting its cautious approach to re-growing the company in light of continuing economic uncertainty.

The total number of employees for the Renishaw Group now stands at 2,076, of whom 1,273 are based at its four sites within Gloucestershire.