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Encoder-maker looks to recruit 110 new employees

24 June, 2010

The Gloucestershire-based encoder manufacturer Renishaw has announced that it is planning to take on 110 new employees in the UK and a further 80 overseas.

“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,” says chairman and chief executive, Sir David McMurtry (above). “This focus on new R&D programmes and continuing improvement in activity levels has led to a strong recruitment drive to accelerate the market launch of some exciting new products. 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 was affected badly by the recession and in April 2009 announced it was cutting 440 jobs worldwide, including more than 300 in the UK. But since last September it has recruited some 220 people, although around 120 of these are on fixed-term contracts, reflecting the company’s cautious approach to expanding in light of continuing economic uncertainty. Renishaw now employs 2,076 people, including 1,273 at its four Gloucestershire sites.

On July 28, Renishaw will report its preliminary results for the year ending June 30. In a recent interim statement, it reported a continuing improvement in its order book, which stood at £24.1m at the end of April, compared to £9.7m at the start of its financial year on July 1, 2009.

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