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Suretank open new headquarters in Louth

Friday, March 07 17:06:03

Suretank, an Irish engineering group specialising in the global oil and gas industry, today opened its new corporate headquarters in Dunleer, Co Louth.

The multimillion euro investment at the Group's head office, supported by Government through Enterprise Ireland, marks an important stage in the company's history.

Suretank is ramping up its programme of organic and acquisition led growth to strengthen its reach in the market and positioning as the world's leading provider of engineered solutions to the offshore oil and gas industry.

The company has created 50 new jobs at its site in Dunleer in the last 12 months bringing the total number of employees in Ireland up to 185, with approximately 700 employees employed globally.

Patrick Joy, founder and chairman of Suretank, said: "This is an important day for us and one that we are delighted to be able to share with our customers. Without them we wouldn't be here. We're very proud of our achievements over the last 20 years and our new corporate centre is befitting of the high quality engineering solutions provider that Suretank is today. This is an opportunity to showcase our people, capabilities and expertise."

Significant change has taken place within Suretank in recent months as it looks to expand into new markets and continue to grow. HitecVision, a leading investor in the international oil and gas industry, became the majority shareholder in the business in July 2013 and John Fitzgerald joined the company as the newly appointed Chief Executive Officer.

Commenting on his ambitious plans for the future Fitzgerald said: "We have a very clear organic and acquisition led growth strategy to help us achieve our vision to become the world's leading provider of engineering solutions to the offshore oil and gas industry. Our focus will be on developing new market territories and deeper market penetration in our markets in Asia, Africa and the Americas, whilst continuing to focus on our customers in the North Sea with an absolute attention to customer care. Acquisitions will be targeted to areas that offer product extension possibilities and new market positions. We will continue to champion product development and innovation initiatives."

The Minister for Jobs, Enterprise and Innovation Richard Bruton officially opened the new building, accompanied by Fergus O'Dowd TD for Louth.