While many companies outsource manufacturing to low-cost factories in far-flung places, Renishaw prefers to keep business close to home, using technology to keep costs low, while encouraging design engineers and factory staff to work closely with one another.
Precision measurement is the mainstay of Renishaw's business, but the group is fiercely entrepreneurial and has moved into related fields such as motion control, 3D printing and even robots used in brain surgery.
Renishaw ensures robots move to the right place at the right time, even using them in their own factories to run production lines at night and weekends when employees want to relax.
Based in rural Gloucestershire, the group is known throughout the world for its sophisticated tools that are used to make almost every product involving electronics, from planes and cars to solar panels and gas turbine to mobile phones and factory robots.
Investors can also take comfort in Renishaw's proud history, traced back to the 1970s when David McMurtry, one of its talented engineers, helped design Concorde.
