TRADING is still strong for Gloucestershire-based company Renishaw plc and over 200 jobs are still available with the firm.
The precision engineering firm posted another strong trading report for the period of January 1 to May 16 with revenue at £75.6 million.
In the nine months until March 31 the company made £60.3 million profit, before tax.
Most significantly for the company, which has its head quarters in Wotton-under-Edge, was the acquisition of several assets recently. The firm has increased its shareholding in Measurement Devices Ltd and acquired the remaining minority shareholding in PulseTeq Ltd.
More recently in April Renishaw bought MTT Investments Ltd, a business that designs, develops and manufactures rapid prototyping systems, including selective laser melting, metal casting, and vacuum casting machines and processes.
The rapid growth has led to a continuation in the firm’s recruitment drive. At the end of March the headcount for the whole company was 2,384, up nearly 300 from the start of the financial year and there is still 293 vacancies throughout the group – 235 in the UK and 58 overseas.
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