Industry & Business

Portadown Engineering Firm to Double Workforce as it Opens New Manufacturing Facility

 Breaking News
  • Fáilte Ireland Crafts a New Path to Success Across Ireland’s Ancient East Fáilte Ireland has unveiled a bespoke toolkit to equip and train craft businesses across Ireland’s Ancient East with the skills to maximise the potential of craft tourism to generate increased revenue and support local jobs. John Paul Phelan TD, Minister of State for Local Government and Electoral Reform, officially launched the Fáilte Ireland toolkit at Kilkenny’s Jerpoint Glass – a [...]...
  • Property Market Grows 8% – Almost Half of Homes Bought With Cash The latest quarterly Consumer Market Monitor (CMM), published by the Marketing Institute of Ireland and UCD Michael Smurfit Graduate Business School, shows slow but steady growth in Ireland’s residential property market, with 55,000 homes purchased in 2018, an increase of just 8% on the previous year. Excluding mortgages from the 2018 figures, there were almost 25,000 [...]...
  • Kerry Group Benefits From Unique Business Model Kerry Group, the global taste, nutrition and consumer foods business, has reported a 3.1% increase in revenue to €6.6 billion for the year ended 31 December 2018, reflecting strong volume growth and contribution from acquisitions, partially offset by adverse currency movements. Business volumes grew by 3.5% and pricing decreased by 0.5% against a backdrop of [...]...
  • 30% Increase in Dublin Industrial Take-up Dublin industrial take up for 2018 totalled 3.3 million sq ft which is a 31% increase on last year. Whilst activity was dominated by smaller deals, take-up totals were boosted by a number of larger-sized deals. There were 14 deals greater than 50,000 sq ft in the last 12 months. The top 5 deals this [...]...
  • Skillnet Ireland Wins Big at Top Digital Awards 2019 Skillnet Ireland, the national agency responsible for the promotion and facilitation of workforce learning, won big at the recent 2019 Digital Media Awards , picking up the award for Best Brand. Other finalists in the ‘Best Brand’ category included Diet Coke, BMW, Thérapie Clinic and 98FM. Established in 2005, the Digital Media Awards are the most [...]...

Portadown Engineering Firm to Double Workforce as it Opens New Manufacturing Facility

Portadown Engineering Firm to Double Workforce as it Opens New Manufacturing Facility
January 23
09:07 2019

Boyce Precision Engineering has officially opened its new manufacturing facility and announced plans to almost double its workforce as part of a £6.9 million investment. The company has built a new facility at Charlestown Road Industrial Estate in Portadown on a site purchased from Invest Northern Ireland. The investment is part of a five year project to increase its workforce, manufacturing capabilities, and grow international sales.

Boyce Precision Engineering specialises in producing machined precision component parts for the aerospace interiors and pharmaceutical sectors. This includes manufacturing, machine prototyping, and tool and mould production.

Speaking at the official opening of its new factory, Brian Boyce, Joint Managing Director said: “This is an exciting time for us at Boyce Precision Engineering as we begin the next stage of our journey. This major investment will help us to meet our strategic growth plans and boost sales in external markets, particularly in the aerospace and pharmaceutical sectors.”

“Invest NI’s support towards expanding our premises and acquiring specialist machinery has been key to increasing our production capability and capacity, taking the business to a whole new level.”

Invest NI offered Boyce Precision Engineering over £600,000 towards the construction of its new 18,000 sq. ft. factory, purchase of machinery, job creation and staff training.

The 27 new manufacturing jobs to be recruited by 2022 will generate over £800,000 in additional annual salaries for the local economy.

Welcoming the news, Alastair Hamilton, CEO, Invest NI added: “This major investment by Boyce Precision Engineering is a positive endorsement of the strength of Northern Ireland’s manufacturing capabilities. The factory opening marks an exciting new chapter for the company. This new facility and the creation of 27 new high value skilled jobs is encouraging news for the Portadown area. Our support towards this project will ensure that the company has the additional resources it needs to expand and capitalise on its growing reputation as a high quality manufacturer and supplier of machined component parts.”

Charlestown Road is an Invest NI owned industrial estate with sites available for businesses to purchase in support of their growth or investment plans.

CAPTION:

Pictured (L-R) are: George Boyce, Director, BPE; with Alastair Hamilton, CEO, Invest NI; Brian Boyce, Director, BPE; and Brian Perry, Operations Manager, BPE.

About Author

admin

admin

Related Articles

New Subscriber

Subscribe Here



Advertisements





















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4