Minority-owned: Ed Mayorga, R and E Electronics Inc.

AuthorEldridge, Lisa
PositionEntrepreneur of the Year

As a kid, Ed Mayorga rented the basement of his parents' Ohio tavern and restaurant to open up Eddie May's TV & Radio Repair Shop. By seventh grade, he had two people working for him. His knack for electronics was a ticket out of his poor neighborhood. In 1974, the Hispanic Mayorga, then an Air Force engineer, scraped together $3,000 to buy a failing Wilmington company that installed sound systems, such as school pagers. This year, R&E Electronics will post $14.5 million in...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT