A family-run engineering and manufacturing company has seen two new jobs created, following a grant from the Keighley Towns Fund.
Yorkshire Precision Engineering Ltd, which was established in March 2001 and operates from two sites in Keighley at Dalton Works and Acre Park, was awarded £53,200 through the Capital Assistance to Business Growth Programme.
The programme is part of the Government-funded Keighley Towns Fund and there is approximately £2m available to support local businesses in the Keighley area. Funding has so far been spent on a wide-range of projects by businesses across the district such as expanding and modernising facilities, as well as replacing equipment with more efficient systems.
Yorkshire Precision Engineering Ltd is a UK leading subcontract CNC machining company specialising in the supply and manufacture of high quality turned and milled parts across a range of sectors.
The grant was part of a wider company investment in a new fixed-head lathe, to improve efficiency. The new Citizen BNE-65MYY Fixed Head Lathe delivers a 10 Axis twin spindle, high-pressure through-coolant system, allowing three operations to be performed at the same time.
It has resulted in an increase in productivity and the creation of two new jobs at the 27-strong firm.
Director Sam Laybourne explained: “We have had brilliant support from Bradford Council’s business team, who have advised on the recruitment of new staff as well as our application for this grant.
“We were previously awarded a grant of £34,990 in 2022 and it really helped us with our vision for the future to invest in the latest technology available. This second sum has been crucial in enabling us to work more efficiently while maintaining the exacting high standards we are known for.
“Investment of this sort is an investment in long-term opportunities for Keighley and the surrounding area and we have exciting plans for ongoing growth.”
Councillor Alex Ross-Shaw, Bradford Council’s Portfolio Holder for Regeneration, Planning and Transport, explained: “I’m delighted to see another fantastic Keighley business growing thanks to the work of Keighley Towns Fund and our business support team.
“Grants ranging from £1,500 to £315,000 are still available for businesses within – or looking to move to – Keighley Towns Fund area, and other businesses are invited to apply.”
Tim Rogers, chair of Keighley Towns Fund, added: “The process of securing a grant is straightforward and the team at Bradford Council will advise businesses throughout. Keighley has such a strong manufacturing and engineering heritage, and it is fantastic to see this success continuing.
“We are delighted to have been able to support this incredible business in Keighley and we wish them all the best for the future.”
The Towns Fund Capital Assistance to Business Growth Programme Funding is available up to March 2026.
