Ei Electronics Chief Receives IMR Life Time Achievement Award
Michael (Mick) Guinee, Chairman, CEO and Co-founder of Ei Electronics, which is one of Ireland’s leading indigenous electronics manufacturing and exporting companies, has received the IMR Life Time Achievement Award. Ei Electronics is also one of the largest employers in the Mid-West region.
Ei Electronics can trace is origins back to 1963 when it was founded in Shannon, County Clare, by General Electric of the US as its Irish subsidiary.
Mick Guinee is a native of Mallow, County Cork, and is an engineer by profession, having completed his Bachelor of Engineering degree at UCC, followed by a Masters degree in Industrial Engineering (MIE) at UCD.
He started his professional career with General Electric in Dundalk before being appointed Managing Director of General Electric’s Ei Company at Shannon in 1983. Mick Guinee successfully led an MBO of the business with fellow Founder Directors, Dr Mike Byrne and Jim Duihanan, to establish Ei Electronics in 1988.
Mick Guinee and his team have skilfully developed Ei Electronics to become a global leader in the design and manufacture of residential fire and carbon monoxide detection products. The company currently employs over 850 people and exports to more than 30 countries worldwide.
With sales in 2019 of €250 million, the company has overseas sales and marketing subsidiaries located in the UK, Germany, France, Poland and the US.
The company’s success is based on a culture of Quality, Service and Product Innovation over 30 years. Maintaining 100% of manufacturing and co-locating other key functions such as R&D, Sales and Marketing and Finance in Shannon have been central to the company’s continued growth throughout its history.
Ei Electronics’ major contribution to the regional economy in Ireland was recognised last year when the company won the ‘Best Large Business Contributor to the Region’ Award, from Limerick Chamber of Commerce.
Indeed, with 750 people now working at its Shannon head quarters, Ei Electronics is one of the largest employers in the region.
CAPTION:
Michael Guinee, Chairman, CEO and Co-founder of Ei Electronics, being interviewed by Vincent Wall (on the left) after receiving the IMR Life Time Achievement Award.
