This will see 400,000 sq ft of additional low carbon buildings created at the 193-acre site, consisting of two new production halls and an employee welfare facility. Existing production halls will also be refurbished to reduce their greenhouse gas (GHG) emissions.
The investment will give Renishaw the additional manufacturing capacity required to meet its forecast sales growth and will also enable it to help achieve its 2028 Net Zero target for Scopes 1 & 2 GHG emissions.
In a statement, Gareth Hankins, head of Global Manufacturing, said, “The last two years have highlighted the importance of in-house manufacturing for Renishaw and the control that this gives us in meeting our quality, cost and delivery targets. This significant investment by our board to increase the group’s production capabilities demonstrates a huge vote of confidence in our manufacturing operations and people, at an exciting time for the business.”
The construction will be completed in phases, with a 15-month programme of work starting in July 2022 to build the first of the new halls, the welfare facility and supporting infrastructure. The basic shell for the second new production hall will be built by December 2024 and will be fully constructed when business levels require its use.
The details of the operations that will take place in each of the new halls is yet to be fully determined, but the additional capacity will allow for increases to machining operations and the assembly of products already built at the site, including Renishaw’s metal additive manufacturing (3D printing) machines.
Renishaw said the new facilities will be built with the latest technologies and materials to ensure that they will be Net Zero in operation, and the build will also aim to minimise the amount of embodied carbon within the building materials used in construction.
By the end of 2024, the company also aims to have refurbished the two existing halls at Miskin to reduce their carbon emissions, including new energy-efficient cladding and the replacement of existing heating systems.
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