Ei Electronics have entered “a new milestone”, the CEO of the Shannon employer has said following confirmation it is to hire 200 people over the next twelve months.
On Friday, Ei confirmed it was to create 200 jobs at the official opening of a brand new 10,000 square metre facility in the Shannon Free Zone. An Taoiseach, Micheál Martin (FF) was the guest of honour for the intimate event.
CEO, Mick Guinee who in 1988 led the buy-out of the company which was then General Electric outlined that the expansion underpins a strategy of maintaining 100% of manufacturing in Shannon, in addition to the co-location of other key functions on a single site. Following this buy-out, Ei became a fully-fledged Irish company and it is now one of the most significant employers in the Mid-West region.
He described the announcement as “another milestone in Ei’s long history”. He said, “Today we embark on our next phase of growth, on the site in Shannon we have occupied for over 55 years. This building is a testament to the dedication of very many people over several decades, built on a strong culture of loyalty, respect, commitment and long service”.
An Taoiseach, Micheál Martin (FF) visited the Shannon company on Friday afternoon to officially open the extension for Shannon’s largest employer. The three storey, 10,000m2 building adjoins its existing headquarter and includes additional manufacturing capacity, R&D, and office space, and significantly expand its current production capacity over the coming years.
“I’m pleased to be here to witness first-hand the continued expansion of Ei Electronics, one of Ireland’s largest and most successful manufacturing and electronic companies. For over five decades the company has been a remarkable contribution to Shannon and the Mid-West region and its ambitious plans for future growth and job creation are very welcome. Ei Electronics is an outstanding Irish-owned company creating solutions with a global reach,” the Taoiseach stated.
Enterprise Ireland CEO, Leo Clancy was confident that the new facility in Shannon “means a bright future for an excellent company that is a great example of Irish innovation and advanced manufacturing”.
Last year, Ei Electronics had a turnover of approximately €320m, it has 1,100 employees worldwide. The company is 100% Irish owned and ranks as one of Ireland’s largest indigenous manufacturing and exporting electronics Companies. It occupies a 32,000m2 campus in Shannon where all business functions are headquartered; R&D, Sales and Marketing, Manufacturing, Customer Service and Finance and Admin.
