Speaking to around 530 invited guests at Dublin’s Croke Park, Mr Kenny praised joint managing directors Mike and Pat Glennon for their pragmatism.
"They are not afraid to make decisions in difficult times and make an impact on the Irish economy," he said.
"I wish the Glennons and their workforce every success. They are proud of the imprint they’ve made on the country, and we’re very proud of them."
Mike Glennon both acknowledged the contribution of staff and customers to the company’s success, especially following the fire at its Longford mill in 2004.
"We would like to thank our loyal customers who have supported us through the highs and lows of our sector," said Mike Glennon. "We have been very lucky to have customers who believe in us and were prepared to take a leap of faith that we would deliver."
He said that Glennon Brothers’ staff had invested "blood, sweat and tears" in the business and had helped the company navigate through many challenges.
Pat Glennon said Ireland had the ingredients for a world class forest products industry and he urged the government, in is discussions on the future of Coillte’s harvesting rights, not to forget the sector’s impact on the Irish economy.
"It supports over 12,000 jobs in rural areas and contributes €2.2bn annually. It is imperative that you involve the processing sector in your discussions, to avoid damaging this vibrant and important sector," he said.
