Renishaw considers a proposal to co-locate its additive manufacturing teams

Date Announced: 10 Sep 2019

Wotton-under-Edge, Glos., UK -- Global engineering technologies company, Renishaw, is evaluating a potential reorganisation of its additive manufacturing (AM) business by co-locating its AM engineering, marketing and commercial activities at its New Mills headquarters site in Gloucestershire, UK. The manufacturing of AM systems will continue at the company’s Miskin site near Cardiff, South Wales.

As part of this proposed consolidation of activities, the company’s site at Stone in Staffordshire would close at the end of 2019. Renishaw is therefore today beginning a collective consultation process with 120 affected employees at the Stone site. If it is decided to close the Stone site, it is hoped that the level of redundancies would be reduced by a number of the affected employees taking up new positions which would be available in Gloucestershire. These employees would be supported with relocation packages.

Investment

“We have invested heavily in all aspects of AM system design and are very pleased with the market adoption of the RenAM 500Q multi-laser machine”, said William Lee, Renishaw’s Chief Executive. “We have exciting plans for future systems that will further boost the adoption of AM for series production, but in a competitive global business we need to be agile and efficient in how we bring these new technologies to market.”

He continued, “Our current thinking is that the most effective way to achieve this would be for our AM technical and commercial teams to be co-located in our Gloucestershire facilities. The AM team at the Stone site has made a major contribution to our progress and we sincerely hope that a large number of them would relocate to our headquarters site if the closure goes ahead.”

The Gloucestershire headquarters site would house an expanded demonstration facility, enabling customers to experience Renishaw’s broad range of industrial metrology and additive manufacturing technologies, covering process development, 3D printing, finish machining and part verification.

Contact

Renishaw plc.

New Mills

Wotton-under-Edge

Gloucestershire

GL12 8JR

United Kingdom

Tel: +44 1453 524524

Fax: +44 1453 524901

E-mail: info@renishaw.com

Web Site: www.renishaw.com

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