Gerry Price, chairman and CEO at Price Industries, has been named the 2024 International Distinguished Entrepreneur Award (IDEA) recipient.
“It is an honour on the 40th anniversary of our event to present the 2024 International Distinguished Entrepreneur Award to Manitoba’s own Gerry Price,” says Arni Thorsteinson, chair of the IDEA Committee and president of Shelter Canadian Properties Limited. “Bringing together excellence in both engineering and business, Gerry has transformed Winnipeg’s Price Industries Ltd. into a dominant global organization that continually pushes the boundaries of innovation. Gerry’s unwavering commitment to his team and community makes him an exemplary recipient of this award.”
Founded in 1949 as E.H. Price Limited, the company was purchased by Gerry and Barb Price in 1986. Today, Price Industries is found on five continents and employs more than 4,500 people. The company will also celebrate its 75th anniversary in 2024.
Price is a University of Manitoba alumnus, holding Bachelor of Science (1970) and Master of Science (1972) degrees in Mechanical Engineering, and an Honorary Doctor of Laws (2017). The Price family is also a donor to the university, providing $20 million to the Faculty of Engineering which now bears his name.
The 2024 IDEA Dinner celebrating Price takes place on May 30, 2024.
