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RPI Report 50% Revenue Growth and 3,000th System Installation

RPI, the world’s largest manufacturer of high precision rotary measurement and angular positioning devices, has announced that it increased its turnover by 55% in 2023 along with the installation of its 3,000th device.

Most of the growth came from the USA, which now accounts for half of the business, and is where the 3,000th device was installed. Large OEM’S manufacturing turbines for energy production have placed orders to the value of over $2m for the company’s iMAPs since May. iMAP is the definitive system for productivity improvement in turbine rotor assembly for large volume and heavy loads such as aircraft engines and gas turbines.

The company is reaping the benefits from a strategic investment in the US, after listening carefully to its customers. It set up a sales and technical support service for repair and calibration which has reduced turnaround times from four months to two weeks. The first major repair started last month.

RPI has more than 3,000 devices operating within the industry worldwide. It has been manufacturing since the 1940s and is planning for a high-growth future by investing 12% of its turnover in R&D. It will also integrate a new large volume, dual axis, precision rotary grinder into its operations.

This year the company will also continue its extensive new product development programme, with two new devices for circular geometry measurement and dimensional metrology for CMMs launched by the summer. CMM manufacturers are increasingly recognising the efficiency, additional flexibility and accuracy a rotary table brings.

Peter Marchbank, RPI’s managing director, said: “What a year it’s been. We have secured our long-term future with a growing order book. Now we will show just how precision in rotary measurement and angular positioning improves efficiency across all advanced engineering industries. That’s what we’re here for.”

For more information: www.rpiuk.com

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