By Daniel Hunter
Lord Green, Minister for Trade and Investment, spent the day in Gloucestershire this week meeting local export champion Renishaw and other local businesses.
Lord Green was given a tour of Renishaw’s state-of-the-art site in Wotton-under-Edge and was shown a range of the company’s high technology dimensional measuring systems - in particular the company’s additive manufacturing (3D printing) systems, which print metal parts.
The Trade and Investment Minister visited Renishaw’s pre-production facilities where the company designs its machining and assembly processes to ensure efficient production of its products. He also 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 percent of the company’s turnover. Last month the company had its largest ever trade stand at EMO Hannover, the world’s largest show for the metalworking industry, where it successfully launched a new high speed, high accuracy contact scanning system for CNC machine tools.
Ben Taylor, Assistant Chief Executive 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.”
Following his visit to Renishaw, Lord Green met local MP Geoffrey Clifton-Brown at the Cheltenham and Cotswold Business Club, and the day culminated in a roundtable discussion with local businesses, chaired by GFirst CEO David Owen.
Minster for Trade and Investment Stephen Green said: “There is a huge appetite for British products and services overseas and the South West has an abundance of heritage and expertise which international markets are keen to tap into. Almost all businesses have the potential to start exporting but need the support and confidence to do so.
“UK Trade & Investment offers expert advice and guidance and by working with Renishaw we want to inspire other Gloucestershire based companies to grow an international customer base.”
Russell Jones, UKTI’s Regional Director for the South West, added: “We were only able to show Lord Green a fraction of the export success generated by businesses in this region but we are very grateful that he took the time to come and see some of what the South West has to offer the rest of the world.
“UKTI South West continues to offer excellent export opportunities for both experienced and novice exporters and businesses can find out more about these at our events during Export Week on 11-15 November.”
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