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Gloucestershire Business News

120 staff enter consultation at Renishaw

One hundred and twenty staff at engineering giant Renishaw have entered consultant after the Gloucestershire firm revealed proposals to close one of its sites.

Proposals centre around the reorganisation of the firm's additive manufacturing (AM), which would see its AM engineering, marketing and commercial activities "co-located" at its New Mills headquarters at Wotton-under-Edge.

According to the firm it would hope to keep any job losses to a minimum by offering staff available positions in Gloucestershire.

The manufacturing of AM systems would continue at the company's Miskin site near Cardiff, South Wales, but the upheaval would take place at its Stone site in Staffordshire, which could now be closed at the end of 2019.

Affected employees would be offered new positions in Gloucestershire and supported with relocation packages.

"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 cadded: "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."

Renishaw's headquarters 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.

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