Balmoral Group Boss Jim Milne Receives Knighthood

Jim Milne, Chairman and Managing Director of Balmoral Group, was awarded the honor of Knight Bachelor in the Queen’s Birthday 2022 Honours List for services to business and charity, and is now officially Sir James S Milne CBE, DL, DHC, Hon DBA, Hon FRIAS.

Balmoral is a UK-based engineering company specializing in offshore buoyancy, insulation, and protection solutions for the offshore energy industry.

Following the acceptance of his knighthood, he said: “I am deeply honored and quite taken aback to have received such humbling recognition from Her Majesty The Queen in this very special year for her.

“For as long as I can remember I have strived to be the best I can be and, I think, have encouraged others to do and think the same way.

“I am very fortunate in that I have been surrounded by a loving family all my life and they have given me the strength and freedom to pursue my commercial, charitable and personal dreams. The good Lord has been watching and guiding me too, of course.

Sir James is often quoted as saying that he hasn’t come a long way in life as his company’s corporate headquarters are located less than a mile from where he was born and brought up on the family farm, just outside Aberdeen city at that time.

Like all business people, he has experienced numerous highs and lows, both on a commercial and personal level and, somehow, has always bounced back, Balmoral said in a statement announcing Milne's knighthood.

“You can draw your own conclusions from this”, he says. “You might think I’m either a genius, completely mad or, perhaps more realistically, somewhere in the middle.”

He is a firm believer that the way to get on in life is to take calculated risks, make mistakes and learn from them - and admits to making quite a few in his time.

Lettuce and MushroomsCredit: Balmoral Group

He said:: “I do believe, however, that I was a born entrepreneur; growing lettuce and mushrooms; buying, renovating and selling cars while at school before acquiring an 84 x 21ft ex-RAF hut from Kinloss to start up my first glassfibre manufacturing operation on the family Home Farm of Tullos.”

Nowadays, Balmoral Group operates from a 45-acre site in Aberdeen and has engineering and manufacturing facilities in Newcastle, South Yorkshire and South Wales, all run by dedicated and committed individuals which he feels is so important.

"I’m a great believer in people. If you have good people, look after them; I can certainly say we have an abundance of good people at Balmoral that have supported me and the company exceptionally well.

“85% of what we produce in the UK is exported worldwide. From our offshore energy products for the hydrocarbon and renewable sectors, to our anaerobic digestion and water/wastewater products, you will find Balmoral products on every continent in the world.

“Quality products supported by a problem-solving approach and a commitment to world-class service is a powerful and profitable mix.”

Milne is joint founder and chairman of Friends of ANCHOR, a charity established in 1997 that supports Aberdeen’s cancer and haematology care unit, as well as financing many ground-breaking research programs.

“I am very proud of the charitable work that I have been fortunate enough to be involved in around the world. This is not something that I normally comment on but I have to mention Friends of ANCHOR.

“Since 1997 Balmoral has funded all the fundraising team and administrative costs of Friends of ANCHOR. The charity, in its 25th year, is on course to reach a record project target of £2m that will help make the difference in Aberdeen’s new cancer care center due to open in 2023. This is an absolutely fantastic effort by the FoA team and their volunteers.”

He will turn 82 years of age this year so it’s been quite a journey for the boy that left school at 14 with no qualifications and the youngest of nine of a family.

Sir James concluded: “I am a very proud man today and will take time to reflect on the achievements that have led to this tremendous honor.
“I know that my whole family will be equally proud, those that are with us and those that, sadly, are not.”