Howard Renwick, the founder of Chamber member Caltech Lifts, Dundee, has announced that, with effect from June 1 2013, he has officially retired, having handed over the reins to his sons Andrew and Fraser.
In recent months they became directors of the company and Andrew took over as Managing Director. Having seen the family succession completed successfully, Howard felt the time was right to officially retire from the business he started 35 years ago.
Almost — he plans to continue as a director of Caltech and have some continued input into its marketing, but working from home with more time for his wife Linda, his two Cocker Spaniels and his hobbies of metal detecting and photography.
Speaking about his father\'s achievement since he found the firm in 1978, Andrew Renwick said: \'My father\'s decision to leave a full-time job to set up his own company at quite a young age would not have been an easy one to make, but he was determined to succeed and highly ambitious.
\'This drive has been key to creating what is now a successful and well-known name in the UK lift industry. It\'s important for us to continue with the same values and vision with which our father set out as we continually look to grow the business.\'
Caltech Limited is one of the UK\'s leading suppliers and maintainers of lifting equipment, including passenger lifts, goods lifts, disabled access lifts and stairlifts to the Public and Private Sectors, and has a turnover of £1.3m and growing. Last year it was accepted on to Business Gateway\'s growth pipeline programme and plans to grow to sales of £2.2m in the next two years.
