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Zekelman Industries is a Canadian company owned by the Zekelman family, including billionaires Barry, Clayton, and Alan Zekelman. They own Atlas Tube, a steel tubing manufacturer in Canada and the US.


History

Atlas Tube was founded in 1984 by Harry Zekelman. A majority stake was sold to the
Carlyle Group The Carlyle Group is a multinational private equity, alternative asset management and financial services corporation based in the United States with $376 billion of assets under management. It specializes in private equity, real assets, and ...
in 2006 for $1.5 billion CND. In 2006–2008, the
Carlyle Group The Carlyle Group is a multinational private equity, alternative asset management and financial services corporation based in the United States with $376 billion of assets under management. It specializes in private equity, real assets, and ...
purchased John Maneely Co (founded in 1877) for $550 million, then purchased Atlas Tube, and Sharon Tube (founded in 1929), forming them into JMC Steel Group under DBO Holdings. Carlyle and Zekelman nearly sold them to
Novolipetsk Steel Novolipetsk Steel, or NLMK, is one of the four largest steel companies in Russia. NLMK's share of domestic crude steel production is about 21%. It primarily produces flat steel products, semi-finished steel products and electrical steels. NLMK a ...
(NLMK) for $3.5 billion in 2008, but the deal fell through in late 2008, with DBO/Carlyle suing NLMK for breach of contract. DBO/Carlyle and NLMK settled their lawsuit in 2009, with NLMK paying $234 million. Picoma became part of JMC in 2009. Carlyle sold a majority stake to the Zekelman family in 2011. The company name was changed to Zekelman Industries in 2016.


Subsidiaries

Zekelman subsidiaries and locations include: * Atlas Tube,
Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...
,
Illinois Illinois ( ) is a state in the Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolitan areas include, Peoria and Rockf ...
;
Plymouth, Michigan Plymouth is a city in Wayne County, Michigan, United States. The population was 9,370 at the 2020 census. The city of Plymouth is surrounded by Plymouth Township, but the two are administered autonomously. Plymouth is a western suburb of Metro ...
;
Blytheville, Arkansas Blytheville is the county seat and the largest city in Mississippi County, Arkansas, United States. It is approximately north of West Memphis. The population was 13,406 at the 2020 census, down from 15,620 in 2010. History Blytheville was foun ...
;
Harrow, Ontario Harrow is a community located in the town of Essex, Essex County, Ontario, Canada. History First known as ''Munger's Corners'' after John Munger, the first postmaster, the town was renamed by John O'Connor in 1857 for the exclusive Harrow Sch ...
; and
Oak Bluff, Manitoba Oak Bluff is an incorporated community located in the Rural Municipality of Macdonald, Manitoba, Canada. It is situated seven kilometres southwest of the City of Winnipeg, between Manitoba Highway (PTH) 3's intersections with PTH 2 and PTH ...
; naming of the Atlas Tube Centre * Hayes Modular,
Austin, Texas Austin is the capital city of the U.S. state of Texas, as well as the seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 11th-most-populous city ...
* Picoma,
Cambridge, Ohio Cambridge is a city in and the county seat of Guernsey County, Ohio, United States. It lies in southeastern Ohio, in the Appalachian Plateau of the Appalachian Mountains 74 miles east of Columbus. The population was 10,635 at the 2010 census. ...
* Sharon Tube,
Farrell, Pennsylvania Farrell is a city in western Mercer County, Pennsylvania, along the Shenango River. The population was 4,258 at the 2020 census. It is part of the Youngstown–Warren metropolitan area. History Once dubbed "The Magic City," Farrell sprang up pr ...
and
Niles, Ohio Niles is a city in southern Trumbull County, Ohio, United States, situated at the confluence of the Mahoning River and Mosquito Creek. The city's population was 18,443 at the 2020 census. It is a suburb of the Youngstown–Warren metropolitan a ...
* Western Tube,
Long Beach, California Long Beach is a city in Los Angeles County, California. It is the 42nd-most populous city in the United States, with a population of 466,742 as of 2020. A charter city, Long Beach is the seventh-most populous city in California. Incorporate ...
, acquired in 2017 * Wheatland Tube (created as a subsidiary of John Maneely Co in 1931),
Sharon, Pennsylvania Sharon is a city in western Mercer County, Pennsylvania, United States. The city, located along the banks of the Shenango River on the state border with Ohio, is about northeast of Youngstown, about southeast of Cleveland and about northwest ...
and
Wheatland, Pennsylvania Wheatland is a borough in Mercer County, Pennsylvania, United States, along the Shenango River. The population was 583 at the 2020 census. It is part of the Youngstown-Warren metropolitan area. Wheatland suffered catastrophic damage on May 31, ...
* Z Modular, based in Chicago; also
Birmingham, Alabama Birmingham ( ) is a city in the north central region of the U.S. state of Alabama. Birmingham is the seat of Jefferson County, Alabama's most populous county. As of the 2021 census estimates, Birmingham had a population of 197,575, down 1% fr ...
; Killeen, Texas;
Chandler, Arizona Chandler is a city in Maricopa County, Arizona, United States, and a suburb in the Phoenix-Mesa-Chandler Metropolitan Statistical Area (MSA). It is bordered to the north and west by Tempe, to the north by Mesa, to the west by Phoenix, to the ...
; and
Kitchener, Ontario ) , image_flag = Flag of Kitchener, Ontario.svg , image_seal = Seal of Kitchener, Canada.svg , image_shield=Coat of arms of Kitchener, Canada.svg , image_blank_emblem = Logo of Kitchener, Ontario.svg , blank_emblem_type = ...
, created in 2016


Political involvement

Zekelman Industries provides steel tubing to the US-Mexico border wall. A Zekelman Industries subsidiary, Wheatland Tube, donated $1.75 million to the
America First Action The America First Policies Institute (AFPI) is a nonprofit 501(c)(3) think tank that was founded in 2021 to promote former U.S. President Donald Trump's public policy agenda. The organization was founded by Brooke Rollins, who serves as presid ...
super-PAC to elect
Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of P ...
, a financial maneuver considered questionable for a foreign citizen. Barry Zekelman dined with Donald Trump at a private Trump Hotel DC dinner by America First Action. Zekelman lobbied Trump regarding steel tariffs, the border wall, and trucking regulations. As a foreign business executive trying to buy influence through spending on American elections, the Campaign Legal Center (CLC) filed a complaint against Zekelman with the Federal Election Commission in 2019. In April 2022, the F. E C. fined Zekelman $975,000 in the case, one of the biggest penalties it has ever assessed.


Barry Zekelman

Barry Zekelman owns a million-dollar cigarette boat named ''Man of Steel''. He also has owned several
superyacht A superyacht or megayacht is a large and luxurious pleasure vessel. There are no official or agreed upon definitions for such yachts, but these terms are regularly used to describe professionally crewed motor or sailing yachts, ranging from to ...
s named ''Man of Steel''; he previously owned a 2005 Heesen 3700 named ''Man of Steel''. He replaced this with a steel-hulled Heesen in 2008, the largest they had built at the time. It was sold and renamed ''Inception''. The third "Man of Steel" superyacht was an aluminum-hulled Heesen purchased by Zekelman in 2019; it was previously named the ''Satori'' and then the ''Septimus''. A third boat, described as a lake boat, is also named ''Man of Steel''. In October 2021, it was confirmed that Zekelman was the purchaser of Steven Spielberg's former 282 ft yacht ''Seven Seas'', built by
Oceanco Oceanco is a privately owned custom yacht builder, based in the Netherlands, that builds full displacement yachts in the range since 1987. It is owned by Mohammed Al Barwani, an Omani billionaire. History Oceanco came into existence in 1987, w ...
in 2010, which he renamed ''Man of Steel''.


See also

*
Franklin Center (Chicago) The Franklin Center is a 60-story supertall skyscraper completed in 1989 as the AT&T Corporate Center to consolidate the central region headquarters of the American Telephone & Telegraph Company (AT&T). It stands at a height of and contains ...
*
List of wealthiest families Various lists of the richest families in the world (excluding royal families or autocratic ruling dynasties) are published internationally, by ''Forbes'' as well as other business magazines. There is a distinction between wealth held by identifi ...


References

{{reflist Business in Canada