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Outgoing managing director Howard Chadwick, speaking on behalf of his colleagues at the North Yorkshire based company said: "We have worked hard to ensure a situation whereby the existing management team is strengthened enough to take the business forward. We have total confidence in them - they are an excellent and dedicated team, totally committed to Claro."

The new team, Martin Doxey, Mike Lewis and Richard Wilson, is determined that the standards of the company and quality of work produced will continue.

Using a wide range of CNC machining systems including Bridgeport, Kitamura, Hitachi Seiki and four Matsuura high speed CNC machining centres backed up with conventional machining, fitting and assembly, Claro Precision offers one of the most comprehensive subcontract services available for concept to component manufacture.

The company currently employs 45 staff, supplying the medical, aerospace, defence, subsea, automotive and instrumentation industries. It has won the prestigious GTMA World Class Golden Globe award for the past two years, in recognition of its ability to evolve products, processes and business strategies for maximum business success in a changing market.

www.claro.co.uk