Boyce Precision Engineering has opened its new manufacturing facility and announced plans to add 27 new jobs to its business.
Portadown engineering firm Boyce Precision Engineering plans to almost double its workforce as part of a £6.9m investment.
The company has today (21 January) officially opened a new manufacturing facility at Charlestown Road Industrial Estate on a site purchased from Invest Northern Ireland.
The investment is part of a five-year project to increase its workforce, manufacturing capabilities and international sales.
Boyce Precision Engineering will recruit for 27 new manufacturing jobs between now and 2022. This will generate more than £800,000 in additional annual salaries for the local economy.
Invest NI offered the company more than £600,000 towards the construction of its new factory, purchase of machinery, job creation and staff training.
The engineering firm 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 the new facility, the company’s joint managing director Brian Boyce 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 CEO Alastair Hamilton said that the new factory opening is a positive endorsement of the strength of Northern Ireland’s manufacturing capabilities.
“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.”
This latest job announcement adds to the good news today, following Facebook’s major announcement this morning that the company plans to bring 1,000 new jobs to Dublin.