2013-08-27 15:06:06 - Shannon-based Fine Gael Senator Tony Mulcahy says this week's announcement by Ei Electronics of plans to increase its workforce to 500 by the end of 2013 is a significant boost to the indigenous manufacturing sector in the town and surrounding region.
The company, which is a leading fire safety products developer and manufacturer, intends to create 20 new jobs during the final four months of the year. 15 of the jobs will be created locally at the company’s Shannon Free Zone facility with a further 5 jobs being created overseas.
Senator Mulcahy said: "As one of the Shannon Region's main employers, Ei Electronics is sending out a positive message to the wider manufacturing sector that this part of the country remains a good place to do business in despite the downturn in the domestic economy."
He continued: “I believe that the continued development of new services from Shannon Airport and the potential for air cargo business development at the facility have had a
significant bearing on the company's investment decision. Quality connectivity to international markets is key to exporting companies which continue to buck the trend in terms of growth in recent years. As an Irish company, I think Ei Electronics has shown the way for other indigenous firms to continue to invest in their operations and in doing so play a central role in rebuilding the local, regional and national economy.”
Meanwhile, Senator Mulcahy has urged members of the public to show their appreciation for the Ei Electronics’ contribution to the local economy by attending an open day being held at the company’s Free Zone facility this Sunday (1 September) as part of its 50th anniversary celebrations.
He explained: “As the largest indigenous company in the Region, the people of Clare, Limerick, Tipperary and surrounding counties owe a great deal to EI Electronics. Many thousands of people have worked at Ei, covering 3 generations, while the company has also provided considerable business to suppliers. The Open Day gives these past employees and people associated with the company the opportunity to come back and meet up with former colleagues as well as those who currently work at the facility.”
The event begins at 11am and will run until 6pm.