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Mr. Zekelman, a
Canadian citizen who owns a steel tube manufacturing company that donated $ 1.75 million to the political action committee supporting Mr. Trump, pushed the president on what he saw as the top two challenges facing his company: cheap steel tube imports from Asia and new federal rules
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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
45:
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
50:(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.
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jet to fly to the
Bahamas to visit his 121-foot superyacht, which he named "Man of Steel" in a nod to his role as chief executive of Zekelman Industries, North America's largest steel-tube manufacturer.
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The company, with 2,100 employees in the United States and Canada, operates through its
Wheatland and Atlas Tube divisions and has estimated 2008 sales of around $ 3-billion.
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Barry
Zekelman, a Canadian billionaire whose business is mostly in the United States, is not a guy who likes to lose — or go slow. On days off, he likes to race his
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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.
214:. The third "Man of Steel" superyacht was an aluminum-hulled 49.8 m (163 ft) Heesen purchased by Zekelman in 2019; it was previously named the
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Zekelman
Industries provides steel tubing to the US-Mexico border wall. A Zekelman Industries subsidiary, Wheatland Tube, donated $ 1.75 million to the
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210:. He replaced this with a steel-hulled 50 m (160 ft) Heesen in 2008, the largest they had built at the time. It was sold and renamed
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dinner by
America First Action. Zekelman lobbied Trump regarding steel tariffs, the border wall, and trucking regulations.
170:, a financial maneuver considered questionable for a foreign citizen. Barry Zekelman dined with Donald Trump at a private
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is a
Canadian company owned by the Zekelman family, including billionaires Barry, Clayton, and Alan Zekelman. They own
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525:"He's One of the Biggest Backers of Trump's Push to Protect American Steel. And He's Canadian"
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Atlas Tube was founded in 1984 by Harry Zekelman. A majority stake was sold to the
468:"Carlyle Will Get $ 234 Million Settlement For Failed Deal With Novolipetsk Steel"
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593:"Donations Steered to Trump Super PAC by Canadian Are Found to Be Illegal"
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226:. In October 2021, it was confirmed that Zekelman was the purchaser of
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443:"Wheatland Tube's owner merging with Atlas Tube in $ 1.5 billion deal"
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Wheatland Tube (created as a subsidiary of John Maneely Co in 1931),
564:"Tape Made Public of Trump Discussing Ukraine With Donors"
222:. A third boat, described as a lake boat, is also named
202:; he previously owned a 2005 36.8 m (121 ft)
26:, a steel tubing manufacturer in Canada and the US.
386:"Carlyle steel unit sale to Russian firm collapses"
277:"Business sale makes Zekelman a billion-dollar man"
671:"Price Drop on Heesen Motor Yacht Man of Steel"
341:"UPDATE 1-Carlyle says to sell JMC Steel stake"
310:"Windsor's man of steel bends to market forces"
61:Zekelman subsidiaries and locations include:
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414:"Former Atlas Tube part of Novolipetsk deal"
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186:Barry Zekelman owns a million-dollar
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441:Roknick, Michael (25 October 2006).
134:Z Modular, based in Chicago; also
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493:"Locations | Zekelman Industries"
279:. 18 August 2008. Archived from
178:penalties it has ever assessed.
38:in 2006 for $ 1.5 billion CND.
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230:'s former 282 ft yacht
194:. He also has owned several
707:The Carlyle Group companies
257:List of wealthiest families
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238:in 2010, which he renamed
252:Franklin Center (Chicago)
130:Wheatland, Pennsylvania
119:Long Beach, California
155:Political involvement
109:Farrell, Pennsylvania
79:Blytheville, Arkansas
161:America First Action
126:Sharon, Pennsylvania
647:superyachttimes.com
622:superyachttimes.com
497:Zekelman Industries
339:Reuters Editorial.
136:Birmingham, Alabama
87:Oak Bluff, Manitoba
20:Zekelman Industries
702:Business in Canada
675:Boat International
418:The Globe and Mail
370:has generic name (
314:The Globe and Mail
148:Kitchener, Ontario
121:, acquired in 2017
75:Plymouth, Michigan
41:In 2006–2008, the
283:on 18 August 2008
150:, created in 2016
144:Chandler, Arizona
91:Atlas Tube Centre
48:Novolipetsk Steel
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281:the original
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168:Donald Trump
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65:Atlas Tube,
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57:Subsidiaries
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618:"Inception"
597:nytimes.com
568:nytimes.com
542:Ferrari 488
529:nytimes.com
390:Reuters.com
234:, built by
204:Heesen 3700
196:superyachts
113:Niles, Ohio
696:Categories
680:8 February
652:8 February
627:8 February
573:25 January
534:25 January
502:8 February
477:8 February
452:8 February
447:The Herald
423:8 February
395:8 February
350:8 February
319:8 February
263:References
232:Seven Seas
24:Atlas Tube
212:Inception
166:to elect
164:super-PAC
658:Septimus
360:cite web
246:See also
220:Septimus
101:Picoma,
71:Illinois
602:8 April
287:24 June
236:Oceanco
67:Chicago
30:History
216:Satori
206:named
198:named
190:named
146:; and
85:; and
682:2020
654:2020
629:2020
604:2022
575:2020
536:2020
504:2020
479:2020
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425:2020
397:2020
372:help
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321:2020
289:2022
128:and
111:and
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