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October 2016

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North American Advancement and Expansion at Renishaw Inc.



Senior management changes and facility expansions reflect Renishaw's continued growth in North America.

Renishaw, Inc. has announced a series of advancements for the senior U.S. management team to guide Renishaw's continued growth in the North American market. Leo Somerville, former President of Renishaw, Inc., has been promoted to oversee Renishaw North America in a newly created position to advance all aspects of Renishaw's healthcare business. Replacing Somerville as President of Renishaw, Inc., is Howard Salt, former Business Manager of Encoder Products. The company is also completing a new technology center to serve the automotive market and other industries, set to break ground in early 2017 in Michigan.

"The growth in size and complexity of Renishaw's key North American market for products, services and new technologies requires a strategic refocus of the senior U.S. management team to address this positive situation," said Sir David McMurtry, Chairman and CEO of Renishaw. "Congratulations to Leo Somerville and Howard Salt on their very well earned promotions."

Somerville will continue to assist the board in developing technical and commercial strategies in his new research and development role. A new senior management team has been created to support Salt in his new role as President. David Bozich, former MT/Scanning Business Manager, was appointed Vice President Operations, with responsibilities including human resources, IT, quality, service center, warehouse, shipping and receiving, facilities and compliance. Denis Zayia, former National Sales and Marketing Manager was appointed Vice President Sales and Marketing, and responsibilities include his existing product lines and services, as well as setting up regional technical and sales offices throughout the United States as the company continues to get closer to customers.

Renishaw's North American growth continues in the Detroit suburb of Auburn Hills, MI, with a 20,070 sq. ft. technology and research center in Oakland Technology Park. The center will provide turnkey measuring solutions to automotive companies like Chrysler, Ford and GM, while also supporting the medical and aerospace industries.

The company will also soon complete its new 133,000 sq. ft. office and warehouse facility in West Dundee, IL, about 40 miles from Chicago. This includes the North American Solutions Center - part of Renishaw's network of global Solutions Centers, opening over the next year. These centers provide venues where the additive manufacturing adoption process can be accelerated. "We can give companies cost-effective, hands-on experience of metal additive manufacturing, combined with application engineering support to optimize their design, and post-processing capabilities to ensure that it performs as it should," added McMurtry. The two-story facility is the company's new North American headquarters, and includes space for product development, testing, warehousing and distribution.

For more information contact:

Renishaw Inc.

5277 Trillium Blvd

Hoffman Estates, IL 60192

847-286-9953

usa@renishaw.com

www.renishaw.com

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