Lessons from Barry Zekelman
Barry Zekelman took over his family's struggling steel business at 19 and used acquisitions and a strict focus on domestic manufacturing to build North America's largest independent pipe and tube producer. This profile collects the billionaire CEO's public views on trade policy, steel market mechanics, and the practical realities of running heavy industry.
Part 1: Taking the Helm
- On Turning Tragedy into Opportunity: "Probably one of the most unlucky events in my life turned out to give me my life. The fact that my father passed away ended up giving me the life I have today. Had he not passed away, the business wouldn't have survived." — Source: [YouTube: Barry Zekelman]
- On Absorbing Early Experience: "I was a dishwasher for $2.65 an hour... soaking up all those experiences in life gives you a perspective on what's going on around you." — Source: [YouTube: Barry Zekelman]
- On Embracing Youth: "I would love to be 19 again, I really would. So embrace it, go enjoy it, don't waste it, and take every opportunity that comes your way." — Source: [YouTube: Barry Zekelman]
- On Sudden Responsibility: "When you inherit a struggling company at 19, you don't have the luxury of a slow learning curve; you have to figure out how to stop the bleeding immediately." — Source: [Zekelman Industries]
- On Outworking the Crisis: "At the beginning, it wasn't about grand strategies. It was simply about outworking the debt and proving to everyone that we could keep the doors open." — Source: [Forbes]
- On Earning Respect: "You can't demand respect just because your name is on the building. You have to be the first one in and the last one out to prove you belong there." — Source: [The Jacob Viewer Show]
- On Family Partnership: "Turning Atlas Tube around wasn't a solo act. It required leaning completely on my brothers, Alan and Clayton, to build a unified front." — Source: [Zekelman Industries]
- On The Power of Momentum: "Objects in motion tend to stay in motion. I want to keep it that way for sure, especially when you're fighting to save a business." — Source: [YouTube: Barry Zekelman]
- On Retaining Control: "We partnered with private equity to grow, but eventually, buying back 100 percent of the company was about securing our own destiny and doing things our way." — Source: [Forbes]
Part 2: The People-First Philosophy
- On Workforce Empowerment: "It all starts with people. I don't care what equipment you have. I don't care what customers you have. If you don't have a happy, engaged, empowered workforce, you'll never be in the lead." — Source: [Zekelman Industries]
- On Wages During Hard Times: "In over 34 years of running this company, we have never once cut a worker's wages. You have to stand by your people if you expect them to stand by you." — Source: [YouTube: Barry Zekelman]
- On Equipment Versus People: "You can buy the best steel and the most advanced machinery in the world, but it means absolutely nothing if the person operating it doesn't care about their job." — Source: [Zekelman Industries]
- On Building a Team: "Leadership is big... you're never going to do it on your own. You have to be able to build a team and have people believe in you and follow you like the pied piper to help make your dream come true." — Source: [YouTube: Barry Zekelman]
- On Shared Success: "When the company wins, the teammates have to win. Growth isn't sustainable if the people doing the heavy lifting don't see the benefit." — Source: [Coffee with Craner]
- On Leadership Integrity: "Integrity on the factory floor means doing what you said you were going to do. If you break that trust, you lose the culture entirely." — Source: [Zekelman Industries]
- On Communication: "You have to walk the floor. You cannot run a manufacturing business from a spreadsheet in a distant office." — Source: [The Jacob Viewer Show]
- On Physical Safety: "Nothing we produce is worth a teammate getting injured. Safety isn't a metric to hit; it's the absolute baseline of operating." — Source: [Zekelman Industries]
- On Localized Impact: "A strong manufacturing plant doesn't just provide jobs; it anchors an entire local community and creates a micro-economy." — Source: [Fastmarkets]
- On Employee Retention: "People don't leave companies; they leave bad environments. If you treat them like family, they stay and fight for the business." — Source: [Zekelman Industries]
Part 3: The Mechanics of Manufacturing
- On Manufacturing's Importance: "We don't have one dollar of GDP that happens in this economy without steel." — Source: [Business Journal Daily]
- On Domestic Capabilities: "We need to rely on what we can build here. A country that cannot manufacture its own essential materials is a vulnerable country." — Source: [Fastmarkets]
- On Creating Problems to Solve: "Sometimes I create my own problems so I have something to do. If everything is running in a steady state and perfect, I tend to create problems so I have something to solve." — Source: [YouTube: Barry Zekelman]
- On Capacity: "You have to invest in capacity before the market fully demands it. If you wait until everyone is asking for it, you're already too late." — Source: [The Fabricator]
- On The Steel Supply Chain: "Our job is to make the supply chain invisible to the end user. They should just know the steel is there when they need it." — Source: [CNBC]
- On Market Resilience: "I'm very bullish. Everyone I've talked to, the volumes are pretty good. I think there are some great things going on in the steel industry." — Source: [Steel Market Update]
- On Scale: "To be the largest independent pipe and tube manufacturer requires you to constantly look for ways to strip out inefficiency at scale." — Source: [Forbes]
- On Continuous Improvement: "You can never assume your current process is the final process. There is always a faster, safer, or more efficient way to move steel." — Source: [Zekelman Industries]
- On Industrial Momentum: "We are heavily invested in American manufacturing because we believe the momentum is shifting back to domestic production." — Source: [Fastmarkets]
Part 4: Leadership & Ambition
- On Flying Close to the Sun: "You don't get to be great unless you can fly really close to the sun and not get burned." — Source: [YouTube: Barry Zekelman]
- On Measuring Success: "I've never chased it in dollars. I've measured success in how good we are, how satisfied our customers are." — Source: [YouTube: Barry Zekelman]
- On Customer Satisfaction: "Actually, one of my lines is I don't want to ever have a satisfied customer, I want them to want more." — Source: [YouTube: Barry Zekelman]
- On Willpower: "Don't bet against will and willpower and team effort." — Source: [YouTube: Barry Zekelman]
- On Relentless Progress: "If you aren't moving forward, you're actively falling behind. There is no neutral gear in business." — Source: [The Jacob Viewer Show]
- On Decision Making: "You have to be willing to make the hard call quickly. Prolonging a bad decision is worse than making a slightly imperfect one." — Source: [Coffee with Craner]
- On Competitive Drive: "I hate losing more than I like winning. That fear of letting the team down is what keeps you awake and driving." — Source: [YouTube: Barry Zekelman]
- On Trusting Intuition: "Data is critical, but at the end of the day, you have to trust your gut when assessing a market opportunity." — Source: [Forbes]
- On Staying Restless: "The moment you think you've figured it all out is the moment someone else is preparing to eat your lunch." — Source: [Zekelman Industries]
- On Relying on Others: "True ambition is realizing your own limitations and finding people who are better than you at the things you aren't good at." — Source: [YouTube: Barry Zekelman]
Part 5: Navigating Trade & Policy
- On "Fortress North America": "Canada needs to realize that while we may not like what's going on, it is reality... Canada better wake up and learn how to play in it or we're going to be in deep trouble." — Source: [YouTube: Barry Zekelman]
- On USMCA Negotiations: "I'm a businessman. And if I'm negotiating those deals and I'm sitting in the middle of these two countries, why on God's earth would I make a deal that lets Mexico and Canada have a beneficial deal with me?" — Source: [YouTube: Barry Zekelman]
- On Canadian Procurement: "The best price for material does not always equal being 'best for Canada.' And the only way to see the dirt is to shine a big light on it." — Source: [Steel Market Update]
- On Environmental Hypocrisy: "Here we are trying to make our country green... and we're buying the dirtiest steel in the world, shipping it halfway across the world to put in our green energy. It's actually really crazy, it's asinine." — Source: [YouTube: Barry Zekelman]
- On Government Action: "We need governments to stand up and enforce the trade laws that are already on the books to stop dumped steel from destroying our markets." — Source: [Fastmarkets]
- On Domestic Defense: "You have to protect your domestic industries. If you let foreign countries hollow out your manufacturing, you lose your independence." — Source: [Fox Business]
- On Free Versus Fair Trade: "I'm all for free trade, as long as it's fair trade. But when foreign state-sponsored enterprises dump product below cost, that's not free trade." — Source: [MetalMiner]
- On National Security: "Steel is a national security issue. You cannot defend a nation or build its infrastructure relying on countries that don't share your interests." — Source: [Fastmarkets]
- On Raw Materials: "We have the resources, the energy, and the capability in North America. There is no excuse for outsourcing our industrial base." — Source: [CNBC]
- On Global Competitiveness: "North American workers can compete with anyone in the world, provided the playing field is actually level." — Source: [Windsor Star]
Part 6: Modernizing Construction
- On Modular Potential: "We are fundamentally changing how buildings are made. We aren't just supplying steel; we are building for manufacturability." — Source: [The Fabricator]
- On The Housing Crisis: "You cannot solve the current housing and infrastructure deficits using traditional construction methods. We need an assembly-line approach." — Source: [Forbes]
- On Manufacturing Buildings: "Z Modular is about taking the unpredictability of a construction site and moving it into the controlled environment of a manufacturing plant." — Source: [Zekelman Industries]
- On Cost Certainty: "When you build modules in a factory, you eliminate weather delays, reduce waste, and provide absolute cost certainty to developers." — Source: [Zekelman Industries]
- On The Limits of Traditional Construction: "The traditional way of stacking bricks and sticks on site is too slow, too dangerous, and too inefficient for modern demands." — Source: [The Fabricator]
- On Stacking Modules: "We are building fully finished, steel-framed rooms that snap together like Lego blocks, cutting project times in half." — Source: [Forbes]
- On Speed to Market: "In real estate development, time is money. By running site work and factory construction simultaneously, we dramatically accelerate the timeline." — Source: [Zekelman Industries]
- On Quality Control: "Building in a factory means precision. Every weld, every joint is inspected in a controlled environment, resulting in a vastly superior final product." — Source: [The Fabricator]
- On Disrupting Real Estate: "We have invested heavily in Z Modular because we truly believe it is the necessary disruption the commercial real estate market has been waiting for." — Source: [Zekelman Industries]
Part 7: Advancing with Technology
- On Supporting Data Centers: "The amount of steel that's being used in data centers is massive, and they're just getting started." — Source: [Steel Market Update]
- On The AI Revolution: "We are embracing the AI revolution in manufacturing. We use bots to shift orders between plants and anticipate what our customers need before they ask." — Source: [The Jacob Viewer Show]
- On Tracking Inventory: "Technology allows us to peer into our inventory in real-time, optimizing the supply chain so that capital isn't tied up in idle steel." — Source: [Zekelman Industries]
- On The Green Energy Boom: "Building solar and wind farms requires immense structural support. The green energy transition is fundamentally a massive steel project." — Source: [Fastmarkets]
- On Modernizing Mills: "A modern steel tube mill is not a dark, dirty factory. It is a highly automated, technologically advanced operation run by skilled technicians." — Source: [Fastmarkets]
- On Logistics Automation: "Moving millions of tons of steel efficiently requires digital logistics systems that can route trucks and trains flawlessly." — Source: [Zekelman Industries]
- On Data Visibility: "You can't manage what you can't see. Technology gives us the visibility to pull costs out of the system safely." — Source: [The Jacob Viewer Show]
- On Predictive Demand: "By analyzing purchasing patterns, we can manufacture ahead of the curve, ensuring our customers never face a stock-out." — Source: [Zekelman Industries]
- On Tech as an Enabler: "Technology doesn't replace the worker; it equips the worker to do their job safer, faster, and with higher precision." — Source: [YouTube: Barry Zekelman]
Part 8: Philanthropy & Legacy
- On Community Obligation: "When you find success in a community, you have a strict obligation to reinvest in the people and institutions that supported you." — Source: [Charitable Impact]
- On Safety Education: "Through our foundation, we prioritize safety and injury-prevention education because protecting children in our communities is paramount." — Source: [Charitable Impact]
- On Medical Research: "Funding prostate cancer research isn't just charity; it's an investment in solving real human problems that affect our families." — Source: [Cause IQ]
- On Empowering the Next Generation: "Bringing the next generation into the business means teaching them the value of the work, not just handing them a title." — Source: [Zekelman Industries]
- On Structural Transition: "Promoting leadership from within the ranks allows me to focus on the macro strategy while ensuring the day-to-day culture remains intact." — Source: [Zekelman Industries]
- On The Meaning of Wealth: "Wealth isn't a scoreboard. It's a tool that allows you to secure your family's future, grow the business, and help your community." — Source: [Coffee with Craner]
- On The Long Game: "We don't manage this company for the next quarter. We manage it for the next generation." — Source: [Zekelman Industries]
- On Civic Duty: "Supporting local police and fire services is our way of ensuring the towns where our teammates live remain safe and strong." — Source: [ProPublica]
- On The Ultimate Goal: "At the end of the day, I want to be known as someone who built a great company, stood by his people, and left the industry better than he found it." — Source: [The Jacob Viewer Show]