The daily Post


Employees take ownership of Boyce Precision Engineering in innovative new trust model

Boyce Precision Engineering (BPE) has future-proofed business continuity by becoming one of the first companies in Northern Ireland to adopt an innovate new model that has seen the employees assume ownership of the firm.
Joint Managing Directors George and Brian Boyce have completed the sale of their shares in the Portadown-based company to the 27-strong workforce through the establishment of an Employee Ownership Trust (EOT).
The EOT is a trust fund that acquires shares in the company on behalf of the employees, who become the owners of the shares and the beneficiaries of the trust, with a trustee appointed to safeguard both parties.
Grant Thornton acted for Boyce, which manufactures specific component parts for the aerospace, defence, pharmaceutical, textile, motorsport and food industries, in structuring the EOT deal.
Brian Perry, Managing Director, Boyce Precision Engineering, said:
“Boyce Precision Engineering has been at the forefront of manufacturing high-spec CNC components for almost 20 years and the Employee Ownership Trust provides us with the ideal platform from which to maintain the industry-leading service that we are renowned for.
“The new ownership model will further incentivise our staff, see them become more vested in strategic decision-making and, ultimately, help boost productivity for a client base that includes a range of major firms with a global presence.”
Manufacturing high-spec CNC components for the defence, aerospace, pharmaceutical and automotive sectors, BPE is based at an 18,000 sq. ft manufacturing facility at Charlestown Road Industrial Estate, which opened following a £6.9 million investment in 2019.  Its customers include Thompson Aero Seating, Thales, Collins Aerospace and Randox.
George Boyce, outgoing Managing Director of Boyce Precision Engineering, said:
“Having co-founded Boyce Precision Engineering in 2006, it was important to my brother Brian and I that any sale was structured in a way that ensured continuity of service and rewarded the dedicated workforce that has helped make the company the success it is today.
“The Employee Ownership Trust, structured for us by Grant Thornton, met all of our aims and we are delighted to have completed the deal. We look forward to seeing the business continuing to prosper in the future.”
Paul Prenter, Director, Grant Thornton Northern Ireland, said:
“Employee Ownership Trusts have been gaining significant traction across the United Kingdom in the last three years but are a relatively new concept in the Northern Ireland market. At Grant Thornton, we are continually looking at innovative ways in which we can structure deals that generate maximum benefit for clients.  
“Boyce Precision Engineering is an excellent example of a company that is willing to look beyond the normal when it comes to taking strategic decisions that help future-proof its business.”

Russell Racing / BPE Engineering 2023

Russell Racing was founded in 2020 by experienced race engineer Alister Russell, who has spent the last 15 years working with some of the top teams in British Championship racing and International Road Racing including Mar-Train Yamaha, Milwaukee Yamaha, TAS Suzuki & BMW, Honda Europe and McAMS Yamaha.

Alister has experience working with riders including Keith Amor, Cameron Donald, Guy Martin, Stuart Easton, Tommy Bridewell, Christian Iddon, William Dunlop, Ian Hutchinson and
Tarran Mackenzie.

In its relatively short existence, Russell Racing has clocked up some impressive accolades including a 100% finish record at the
Isle of Man TT, two podiums in the hotly contested British Supersport category and two Sunflower trophy victories.

Download the Full PDF Here

SC21 Silver Award

We were delighted to receive our SC21 Silver Award at the ADS Group Ltd Northern Ireland Members Reception event held at Titanic Hotel Belfast.

A huge well done to all of our employees who have made this possible! Despite the year we have all had, we feel that with the team we have today, we are stronger than ever and are ready for the challenges ahead.

We would like to thank our sponsor, Thales for their continued support. It is always a pleasure being a part of your supply chain.

#SC21 #NImanufacturing #supplychain #aerospace #defense


New CMM Machine arrives at Boyce Precision Engineering Ltd!

A new addition to BPE is this Hexagon Global Lite 92080 which offers high-end inspection accuracy for Precision Machined Parts. Machining accuracy is paramount to us and we can confidently check large and small parts alike to a repeatable tolerance of 1.7 μm.

The Global Lite 92080 is a bridge-style coordinate measuring machine (CMM) from Hexagon manufacturing intelligence.

It features an incredible accuracy together with, by far, one of the highest throughputs in the market. High-end technology allows a wide set of probes in point to point mode, scanning mode, and non-contact to be utilised to meet the tightest of tolerances and measure the most complex of parts.

If you require any further information, please get in touch!

Boyce Celebrate 1 year in new premises

Boyce Precision Engineering celebrate one year in new premises in Portadown. In 2018 the company expanded, through the building of a new 18,000 sq. ft. purpose-built factory, acquiring additional specialist machinery and increasing the workforce by a further 27 staff.

“This major investment has been key to increasing our production capability and capacity and will help us to meet our strategic growth plans and boost sales in external markets, particularly in the aerospace and pharmaceutical sectors. The investment is part of a five-year project to increase our workforce, manufacturing capabilities, and grow international sales.”

George & Brian Boyce

ABC Business Network

Yesterday we were delighted to host the ABC Business Network‘s monthly meeting. Back when we won the ABC Excellence in Manufacturing Award; we have received a genuine interest in our business across the local borough. Yesterday allowed us to showcase what we are all about and how we have grown from a small machine shop, to what we are today.
We met a lot of great people with interesting backgrounds and businesses. We hope everyone enjoyed themselves, as well as generate new leads and opportunities.

Out with the old…. in with the new!

Today we have received our brand new Doosan DNM6700 from Mills CNC.

Our cincinnati milacron was way past its sell by date and had bit the dust a few months ago. This was one of our original machines that has been making parts for our clients since the inception of BPE back in 2006.

This shows that BPE are moving with the times and reinvesting in new state-of-the-art machinery to continually meet and exceed our clients needs.

If you want to know more about our award winning capabilities, please get in touch.

Back to It

We are hitting the ground running after the July summer break.

If you require any precision machining from a reputable award winning company….look no further.

We have a limited amount of machine capacity still available so get in touch to see how our capabilities can match your needs

International Paris Air Show 2019

#NorthernIrelandAerospace #PAS2019 #CNCMachining #PrecisionEngineering #ParisAirShow #BoycePrecisionEngineering #BPE

With just under a month to the 53rd International Paris Air Show 2019; BOYCE PRECISION ENGINEERING LTD are please to announce that they will be exhibiting all week from 17th – 23rd June. Call by our stand, located in Hall 2B – G172, to hear more about our advanced CNC Machining capabilities. If you would like to setup a meeting in Paris, please get in touch via our LinkedIn page or website. hashtagNorthernIrelandAerospace hashtagPAS2019 hashtagCNCMachining hashtagPrecisionEngineering hashtagParisAirShow



Head Office

Boyce Precision Engineering,
16 Charlestown Drive, Portadown,
Craigavon, Co. Armagh, BT63 5GA


+44 (0)28 38 881415