As part of a government drive to encourage more British businesses to export trade and investment minister Lord Green (pictured) has visited a UK engineering company that exports almost a quarter of its products to China.
On a visit to the Gloucestershire HQ of Renishaw, he described the company as “an inspiring example to other businesses”.
Lord Green toured the company’s site in Wotton-under-Edge and was shown a range of high technology dimensional measuring systems, plus the 3D printing systems which print metal parts.
The minister also visited Renishaw’s pre-production facilities and saw progress being made on the construction of a new 120,000 sq ft building that will provide expansion for additional research and development activities, product display, training and conference facilities, and the relocation of Renishaw’s spectroscopy product line.
China continues to be Renishaw’s largest export market, representing 22% of the company’s turnover.
Assistant chief executive Ben Taylor, said, “In our 40th anniversary year, Lord Green’s visit gives important recognition to the success that Renishaw has achieved as a world leader in precision measurement systems, and more recently our move into exciting new technology areas such as 3D printing and medical devices. We are very pleased to work closely with UKTI to share our exporting knowledge to SMEs and to positively promote the UK’s Advanced Engineering sector, which has significant potential on the global stage.
This material is protected by copyright Ken Hurst 2013.