Entrepreneur onto Sure Thing with Storage Tanks

Patrick Joy, founder of Suretank and EY Entrepreneur of the Year. Photograph: Dara Mac DónaillSuretank has become the world’s largest manufacturer of tanks and cargo-carrying units– but it hasn’t all been plain sailing.

It has been a busy 12 months for Tipperary man Patrick Joy. He sold a 67 per cent stake in his company Suretank for €35 million, he was crowned EY Entrepreneur of the Year, and he stepped down from his position as chief executive of the Louth-based manufacturer.

Suretank, meanwhile, established a new facility in Brazil, opened a new headquarters in Dunleer and secured a multimillion euro contract in the US.

Tomorrow, Joy will battle it out against company directors from more than 50 countries for the title of World Entrepreneur of the Year at a gala event in Monaco.

Whether he wins the award or not, he is a worthy recipient, considering he has built a €72 million-a-year company from scratch. The Irish-headquartered firm is the world’s largest manufacturer of tanks and cargo-carrying units.

Its trajectory to that position wasn’t all plain sailing for Joy though. Among the bumps along the way was a four-month period from November 2008 when no new orders were received.

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