Clonmel man Patrick Joy has been named as the EY Entrepreneur of the Year 2013 at a gala awards ceremony held in Dublin.
Patrick Joy established Suretank, the world’s largest manufacturer of cargo-carrying units for the offshore oil and gas industry. Holding a 62 per cent global market share, it is also the leader in the transport tank industry. It employs 600 people and has revenues of more than €68 million.
Suretank headquarters are based in Dunleer, County Louth.
Mr Joy, the founder and chairman of Suretank, was presented with the Entrepreneur of the Year title by Mike McKerr of Ernst & Young.
“I’m absolutely flabbergasted. I must thank my employees at Suretank. Without them, the business would not be where it is today,” Mr Joy said after receiving the award. In a message to aspiring entrepreneurs, he said: “You have to have ambition. You have to believe in yourself. No matter what you do in business, you’re going to have knockbacks.”
Mr Joy said he could not have achieved the success he has without the belief in his business from his family and early stage investors, who included Pat O’Hare.
“I worked for Pat in the late 1980s. He said to let him know if I was ever setting up a business, and so I did. He is a bookmaker from Newry and he said investing in my business was the best bet he ever placed.”
As for the future, Mr Joy said he was expecting fewer meetings and a slightly easier working day: “I’ve just taken over as chairman and taken on a CEO,” he said.
He beat competition from fellow finalists Brian Hogan of KSG and Kieran Fitzpatrick and Maurice Curran of Barracuda FX to be crowned overall winner. Earlier in the night, Mr Joy was named winner of the International category. He will now go on to represent Ireland at the World Entrepreneur of the Year awards in Monte Carlo next June. Patrick is a member of the Joy family who ran a pharmacy in O’Connell Street. His mother Pam still lives in Silversprings and Patrick is a former pupil of the High School in Clonmel.