A Dublin-born businessman was among those who received a knighthood in the 2001 British New Year's Honours List for his "services to design and innovation".
Sir David McMurtry (61), who is the chairman and chief executive of Renishaw, based in Gloucestershire, was born in Clontarf and holds dual Irish and British nationality.
He attended Mountjoy School, Clontarf, now known as Mount Temple School. When he was 16 he became an engineering apprentice at a Rolls-Royce factory in Bristol.
A Renishaw spokesman said Sir David would be formally invested with the title at Buckingham Palace later this year. He will be appointed a Knight Bachelor.
Married with three children, Sir David lives in Wotton-under-Edge, Gloucestershire.
He established the first Renishaw company in 1973 with Mr John Deer, deputy chairman. The company, which makes machines involved in measurement, employs about 1,500 people worldwide.
Renishaw's Irish subsidiary, based in Swords, Co Dublin, employs about 100 people.