Renishaw plc

Renishaw plc is an engineering company based in Wotton-under-Edge in Gloucestershire, England. Renishaw is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Renishaw specialises in industrial metrology and spectroscopy and sells its products in the major markets around the world. Turnover for the year ended 30 June 2007 was £181 million. Profits were £32.7 million before tax (excluding an exceptional item) and £26.1 million after tax.

History

Renishaw was founded in 1973 by Sir David McMurtry and John Deer, who each retain a large minority stake in the business and are regular members of the Sunday Times Rich List. As an employee of Rolls Royce McMurtry had needed to measure fuel pipes on a prototype jet engine. At the time, coordinate-measuring machine sensors featured rigid styli, which required manual positioning on the surface and which yielded poor repeatability when measuring delicate components. To meet this need, McMurtry invented a touch-trigger probe device, which he then patented. The probe featured an elegant 'kinematic' location for a spring-loaded stylus, providing a highly repeatable seated position for the stylus combined with the compliance needed to measure such components.

The company's strategy has been to grow organically sustained by patented innovations. The company's product portfolio has since expanded into touch probes for CNC machine tools, calibration systems that optimise the performance of CNC machinery, linear encoder systems, rotary encoder systems, dental CAD/CAM systems, Raman spectroscopy and medical devices for functional neurosurgery applications.

Renishaw was first listed on the London Stock Exchange in 1983.

Locations

Renishaw's main offices are situated in an old mill from the industrial revolution, with several new buildings on a 26 acre site. It is a nature oriented site, with dozens of birds (including ducks and peacocks) and a large lake. The site is also close to the village of Charfield.

The company has a machine shop located at Stonehouse, Gloucestershire and an assembly facility at Woodchester, both near Stroud. There are further assembly facilities in Dublin (Ireland) and Pune (India). Renishaw also has research facilities located in Wotton-under-Edge, Edinburgh and Exeter.

Renishaw is directly represented in over 30 countries around the world including USA, Japan, Germany, France, Italy, Spain, Switzerland, Hong Kong, China, Brazil, Holland, Czech Republic, Russia, Poland, Austria, India, Turkey, Canada, Thailand, Taiawan, South Korea, Singapore and Australia.

Products

Renishaw's diverse product range has the common threads of metrology and precision engineering.

* [http://www.renishaw.com/en/6330.aspx Calibration and machine performance monitoring]
* [http://www.renishaw.com/en/6329.aspx CMM probe sensors & accessories]
* [http://www.renishaw.com/en/6157.aspx incise dental CAD/CAM]
* [http://www.renishaw.com/en/6404.aspx Laser interferometer encoders]
* [http://www.renishaw.com/en/6073.aspx Machine tool probes]
* [http://www.renishaw.com/en/6332.aspx Stereotactic neurosurgical systems]
* [http://www.renishaw.com/en/6331.aspx Position encoders]
* [http://www.renishaw.com/en/6150.aspx Raman spectroscopy]
* [http://www.renishaw.com/en/6333.aspx Styli for probes]

External links

* [http://www.renishaw.com/en/1030.aspx Official site]
* [http://www.digitallook.com/cgi-bin/dlmedia/security.cgi?username=example_c&ac=7019701&csi=13351 Stock quote on Digitallook]
* [http://uk.finance.yahoo.com/q/pr?s=RSW.L Yahoo profile]