The encoder and measuring system manufacturer Renishaw is expanding its UK manufacturing operations in response to a growing demand for its measurement and healthcare products. It is buying a factory that Bosch is vacating near Cardiff in South Wales, and has applied for planning permission to extend three existing facilities at its Gloucestershire headquarters.

“This is an exciting time for Renishaw,” says chairman and chief executive, Sir David McMurtry (above), “but our rapid growth has presented real challenges with space, both to accommodate the new equipment required to manufacture an ever-expanding range of products, and the numerous people that we are currently recruiting for all aspects of our business.

“The new site acquisition and proposed expansions to our Gloucestershire facilities are a necessary part of ensuring for the longer term that we can continue to prosper and create high quality jobs in the UK.”