Precision Technologies Group

What Precision Technologies Group does

Precision Technologies Group (PTG), founded in 1860 and headquartered in Rochdale (Milnrow), United Kingdom, is a precision engineering company organized into three operating divisions: PTG Holroyd Machine Tools (CNC rotor milling machines in the EX Series, helical rotor and thread grinding machines in the TG Series, gear and worm gear grinding centres in the HG/GT Series, and ancillary tool management systems), PTG Friction Stir Welding under the Powerstir brand (FSW machines including dual weld-head models for electric vehicle battery tray manufacturing), and Holroyd Precision Rotors (ultra-precision helical components such as compressor rotors, pump screws, supercharger screws, blower screws, and vacuum screws). The company was the first UK machine tool manufacturer to implement Siemens Sinumerik ONE CNC with digital twin capabilities and integrates Renishaw Sprint 3D scanning probes, IO-Link communications, RFID scanning, and QR/DMC coding for traceability. Its proprietary Holroyd Profile Management System (HPMS) software enables direct coordinate input from design drawings for automated profile generation. Machines achieve DIN 2 accuracy and component capacities up to 700 kg and 2.2 metres in length.

PTG generates revenue through three primary streams: capital equipment sales of CNC machine tools and friction stir welding machines (priced on a custom quote basis with individual units ranging from approximately £1.4 million for a TG350E to over £5 million for multi-machine orders), in-house precision component manufacturing sold directly from facilities in the UK, USA (Spartanburg, SC), and China (Chongqing), and aftermarket services including planned preventive maintenance, OEM spare parts, process optimization, machine tool upgrades, and machine relocation. The company sells through a global enterprise field sales organization supported by regional sales directors and a network of agents and distributors covering Europe, North America, China, Japan, India, Taiwan, and South America. PTG is a privately held subsidiary of the CQME Group of Companies, with no public listing, and serves enterprise customers in industrial refrigeration, air compression, electric vehicle manufacturing, railway rolling stock, power transmission, aerospace, and oil and gas fluid transfer.

Name

Precision Technologies Group

Legal name

Precision Technologies Group Limited

Website

https://holroyd.com

Company type

Private

Founded year

1860

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Precision Technologies Group (PTG) designs and manufactures high-precision CNC machine tools and friction stir welding equipment for helical components, serving compressor, refrigeration, EV, railway, and aerospace manufacturers globally from facilities in the UK, USA, and China.

Ownership category

akta.pro rank

Product category

Industrial Machine Tools

NAICS

Machine Tool Manufacturing (333517), Metalworking Machinery Manufacturing (33351), Metalworking Machinery Manufacturing (3335)

SIC

Machine Tools, Metal Cutting Types (3541), Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)

akta.pro secondary industries

Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC), Spindles & High-Speed Drives (Machine Tool Spindles, High-speed Motors) (IMAGACAL)

Keywords

• Precision machine tools
• Friction stir welding
• Helical component manufacturing
• Gear grinding machines
• Rotor milling machines

Headquarters

HQ city

Milnrow

HQ country

United Kingdom

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Machine Tool Sales: Sale of precision CNC machine tools including rotor milling machines (EX Series), rotor grinding machines (TG Series), gear grinding centres (HG Series), and friction stir welding machines (Powerstir). Machines are sold globally to industrial manufacturers.
2. Precision Component Manufacturing: Manufacturing and sale of ultra-precision helical components including compressor rotors, pump screws, supercharger screws, blower screws, and vacuum screws. Production facilities in UK, USA, and China.
3. Service, Maintenance and Spare Parts: Planned preventive maintenance (PPM) programs, OEM spare parts and consumables, process optimisation, machine tool upgrades, and machine relocation services.
4. Technical Consulting Services: Advanced technical consulting services for manufacturing optimisation and process development.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Precision Technologies Group (PTG) designs, manufactures and supplies high-precision CNC machine tools for helical component production, including rotor milling machines, rotor and thread grinding machines, gear and worm gear grinding centres, and Powerstir friction stir welding (FSW) machines. The group also manufactures ultra-precision helical components (compressor rotors, pump screws, supercharger screws, blower screws, vacuum screws) at facilities in the UK, USA and China, and provides lifecycle service, spare parts and process optimisation support.

Product overview

Precision Technologies Group (PTG) is a machine tool manufacturer and precision component producer comprising three core divisions: PTG Holroyd Machine Tools (rotor, gear, thread and pump-screw milling and grinding machines), PTG Powerstir Friction Stir Welding (FSW machines for automotive, aerospace and rail), and Holroyd Precision Rotors (ultra-precision helical components manufactured in UK, USA and China). The product portfolio spans CNC rotor milling machines (EX Series), helical rotor grinding machines (TG Series), gear grinding centres (HG/GT Series), tool management systems (CS Series), and friction stir welding equipment (Powerstir). Services include preventive maintenance, spare parts, process optimisation, and machine upgrades. The company operates manufacturing facilities in the UK (Rochdale), USA (Spartanburg, SC), and China (Chongqing, Shanghai).

Differentiator

Problem solved

Functional benefit

Brands

• Powerstir: Range of friction stir welding machines for joining aluminium and other alloys used in automotive, aerospace, and rail transport applications.
• Holroyd Profile Management System (HPMS)

Products and services

• Powerstir Friction Stir Welding Machines Friction stir welding machines that enable manufacturers in automotive, aerospace and high-speed rail to produce lightweight, high-strength joints in aluminium and other alloys. Range includes standard and dual weld-head models.
• PTG Holroyd Rotor, Gear and Thread Milling & Grinding Machines

Quantifiable outcome

• 40-60% reduction in machining times for rotor production
• +5 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature8 records

Partnerships

17 partnerships are on record, tiered core and minor.

• National Physical Laboratory (NPL)coreStrategic or Co-development PartnerLead partner in £22.6m AMPI innovation initiative funded through UK Research and Innovation's Strength in Places Fund. PTG Holroyd CEO Dr Tony Bannan OBE participates as industrial advisor. NPL manages the programme and delivers metrology support.
• University of Huddersfield - Centre for Precision TechnologiescoreStrategic or Co-development PartnerPart of AMPI consortium for advanced machinery research and development, focusing on precision technologies.
• SiemenscoreTechnology or IntegrationTechnology partner providing Sinumerik ONE CNC systems. Enables digital twin capabilities through 'Create my virtual machine' and 'Run my virtual machine' software. PTG was first UK machine tool manufacturer to implement this technology. Awarded PTG Digital Transformer award at EMO Hannover 2023.
• RenishawcoreTechnology or IntegrationTechnology partner for Sprint 3D scanning probe integration. PTG Holroyd's HG350-WG is the first machine of its kind to use Renishaw Sprint 3D scanning probe alongside Sinumerik ONE CNC for rapid precision scanning.
• Fives LandisminorStrategic or Co-development PartnerPartner in AMPI consortium for advanced machinery manufacturing.
• Wayland AdditiveminorStrategic or Co-development PartnerPartner in AMPI consortium for advanced machinery manufacturing.
• CR SolutionsminorStrategic or Co-development PartnerPartner in AMPI consortium for advanced machinery manufacturing.
• Rochdale Development AgencyminorStrategic or Co-development PartnerRegional economic development partner supporting AMPI initiative and PTG's presence in Rochdale.
• Advanced Machinery & Productivity Initiative LtdcoreStrategic or Co-development PartnerFounding member and operator of AMPI innovation institute based in Rochdale.
• University of Leeds - Institute of Design, Robotics and OptimisationminorStrategic or Co-development PartnerAcademic partner in AMPI consortium contributing expertise in robotics and optimisation.
• University of Manchester - Departments of Materials and Electrical and Electronic EngineeringminorStrategic or Co-development PartnerAcademic partner in AMPI consortium providing materials and engineering expertise.
• University of Salford - Centre for Autonomous Systems & Advanced Robotics (ASAR)minorStrategic or Co-development PartnerAcademic partner in AMPI consortium focusing on autonomous systems and robotics.
• CQME Group of CompaniescoreOthersPrecision Technologies Group is part of the CQME Group of Companies, an industrial manufacturing group.
• British Gear Association (BGA)minorOthersIndustry association membership for gear manufacturing sector.
• The Manufacturing Technologies Association (MTA)minorOthersIndustry association membership for UK manufacturing technologies sector.
• FVA (Forschungsvereinigung Antriebstechnik)minorOthersGerman research association membership for drive technology.
• DVS (German Welding Society)minorOthersGerman welding society membership for FSW expertise.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• SAMPUTENSILI (Stadler group): Italian-based manufacturer of gear cutting tools, gear hobbing and shaping machines, and grinding machines. Direct competitor to PTG Holroyd in gear manufacturing equipment with similar customer base across automotive and industrial gear producers.
• Gleason Corporation: US-headquartered global leader in gear technology, producing machines for gear manufacturing (milling, hobbing, grinding, honing) and gear metrology. Competes with PTG Holroyd's HG Series gear grinding centres, particularly in the precision gear and transmission component segments.
• KAPP Group: German specialist manufacturer of precision gear grinding machines for soft and hard machining of gears. Direct competitor in the gear grinding technology space where PTG Holroyd's HG Series competes, with comparable focus on high-precision gear finishing.
• Klingelnberg Group: German-based manufacturer of gear cutting, grinding, and measuring machines for precision cylindrical gears, bevel gears, and worm gears. Direct competitor in the gear/worm gear grinding centre market where PTG's HG350-WG competes, with overlapping customer base in industrial gear and power transmission manufacturers.

Broad incumbents

• ESAB Corporation: Global welding and cutting equipment manufacturer with a broad portfolio including robotic welding and joining systems. Adjacent competitor to PTG Powerstir in industrial welding applications, particularly for aluminium fabrication in rail, shipbuilding, and heavy industrial markets.
• FFG (Fair Friend Group): Taiwan-headquartered global machine tool conglomerate with European brands (Schaudt, Mikrosa, Studer) producing grinding and machining equipment. Competes broadly in the precision grinding market where PTG Holroyd's TG Series rotor grinding machines operate.
• Makino Milling Machine: Japanese-headquartered manufacturer of horizontal and vertical machining centres, EDM, and precision CNC machine tools. Competes for high-precision machining capex across aerospace, automotive, and industrial manufacturers overlapping with PTG's enterprise customer base.
• DMG MORI: Japan-Germany headquartered global leader in CNC machine tools with broad portfolio across milling, turning, and additive manufacturing. While not a direct competitor in helical component specialisation, competes for enterprise manufacturing capex spend and could expand into PTG's niches.
• EMAG Group: German machine tool group manufacturing turning, grinding, and gear cutting machines for a broad range of industrial applications. Competes with multiple PTG product lines (gear grinding, rotor machining) while offering a much wider portfolio across automotive, aerospace, and energy customers.

Emerging players

• TWI Ltd (The Welding Institute): UK-based research and technology organisation that invented Friction Stir Welding and continues to develop and license FSW technology globally. Both partner with and compete with PTG Powerstir, as PTG licenses and integrates TWI FSW expertise into its commercial machine portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ptgholroyd
• Facebookfacebook.com/423992564350114
• LinkedInlinkedin.com/company/holroyd-precision-ltd

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Precision Technologies Group