Some twenty-three companies, with a combined asset base of US$116 million and an annual turnover of approximately US$85 million, report to Mr. Williams. These businesses include Farming, Manufacturing, Property Development, Warehousing, Equipment Rental, Electrical Engineering, Electrical Contracting, Yacht Charter, Well Drilling, Water Desalination,Garbage Recycling and Solar Power– some of these in joint ventures with other companies. Born in Barbados in July 1942, “Bizzy” as he is affectionately known, holds a Honours degree in Electrical Engineering from the University of the West Indies.
His ability to expand and control such a range of companies has gained him the 2000 Ernst & Young Caribbean Entrepreneur of the Year Award and in 2001, the Ernst & Young World Entrepreneur of the Year Award for Multiple Business Creation, which he won in Monte Carlo from participants drawn from a total of 19 countries. An avid sailor, Mr. Williams launched Tiami (his acronym for This Is A Moving Investment) Catamaran Cruises in Barbados – a concept that spawned a multi-million dollar business in Barbados, St. Lucia and St. Kitts, employing over 150 people and providing tours each day for hundreds of visitors to the islands – one of the enduring examples of his creativity and business acumen. Williams Industries Inc. is owned by 368 Barbadians and St.Lucians who are members of the Williams Industries Inc. team.
The company has as its main objective, the development of a business concept which amounts to a long-term plan that gradually transfers ownership from the original founders to the long-serving people who have worked to build the company. This is an excellent illustration of concerting the providers of labour to owners of capital. Williams Industries Inc. perceives itself as a 50:50 joint venture between capital and labour. The company also has a policy of seeking out partners in business who have technology that the company does not but who need Williams Industries Inc.’s local knowledge and ability to get things done in Barbados to make joint ventures successful.