NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Business / Companies / Construction

Fletcher's man of steel has history on his side

Anne Gibson
By Anne Gibson
Property Editor·
19 Oct, 2007 04:00 PM5 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Steel runs in the family for Paul Zuckerman of Fletcher Building. Photo / Kenny Rodger

Steel runs in the family for Paul Zuckerman of Fletcher Building. Photo / Kenny Rodger

KEY POINTS:

Steel runs in American Paul Zuckerman's family.

After the Great Depression hit the New Jersey industrial belt, his grandfather Harry Zuckerman founded the Abbey Metal Corporation specialising in recycling scrap metal, choosing the name to be first in the Yellow Pages.

A couple of decades later, Harry's two
sons Arthur and Burt took over the business, recycling old military parts, medical equipment and office products.

"It's just a small family business with 10 employees but I got involved in steel as a child," says Zuckerman, Fletcher Building's steel division chief executive, from his Penrose office.

He has a framed collection of Superman books, as well as valuable Spiderman and original Captain America comics, locked in his desk drawer.

"You know the saying - man of steel," he says, referring to Superman.

"I might not appear to be your typical iron worker but I did get involved in steel as a child through my family's business in New Jersey."

His father, Arthur, is now retired but Abbey in Moonachie, New Jersey, still recycles metal.

This year Zuckerman was appointed to head Fletcher's steel division, which had annual sales of $1.1 billion in the year to June 2007, operating earnings of $80 million and funds of $496 million.

Two months ago, he took responsibility for a workforce of 3305 people, with brands Pacific Steel, Pacific Wire, CSP, Cyclone, Fletcher Reinforcing, Fletcher Easysteel, Pacific Coilcoaters, Diamond and Stramit.

The position was created when the company split steel out of its building products division.

Last year, Fletcher decided to replace the division's chief executive Andrew Reding with two chief executives. Zuckerman was appointed to head steel, which has three businesses: long steel products which convert scrap metal into reinforcing rod and bar, a rollforming business and steel merchandising.

Zuckerman said he had been spending a lot of time learning about Fletcher since he started.

"The track record of this business has been to grow globally and make large acquisitions, which is attractive to me because that's exactly what I've been doing. I've been going around the world, looking at growing global businesses."

Zuckerman said his biggest challenge was to bring growth to the division, particularly in light of global consolidation in the sector.

"Fletcher Building is a building and construction company. The question for us is how do we participate in the steel industry and there's no simple answer," he said.

His office on Great South Rd has an iconic steel work of art on the wall. Ralph Hotere's untitled 1984 stainless steel corrugated sheet on hardboard is an abstract work which Zuckerman loves for its earthy tones.

His career has been almost totally dedicated to steel businesses, aside from a short spell as a university administrator.

Before the Fletcher job, he was president of BlueScope Steel for China, a position he took up in 2005. In the past year, that business completed three major capital projects and a large part of it was restructured. He lived in Shanghai's Hongqiao, one of the city's older and more established expatriate communities.

"Shanghai is a wonderful place to live. The downside is you are a stranger in that land and you know you are going to be leaving at some time. You are always an outsider," he says, despite having taken Mandarin classes and his children being relatively fluent in the language.

His role at BlueScope was very different from his one with Fletcher's steel division.

"Fletcher's steel business is more complex. BlueScope in China only had a flat rolled business for roofing and wall applications. But Fletcher has seven businesses with a whole range of different steel activities."

In 2003, he was appointed vice-president of BlueScope's marketing and business development in Australia and it was while living there that the family travelled to New Zealand for holidays, which made the latest move easy.

He had an academic spell from 2001 to 2003, when he was chief administrative officer of humanities for the University of California at Los Angeles.

From 1994 to 2001, he worked at global steel giant BHP, appointed president of BHP Coated Steel USA.

This role involved him working closely with trade unions and he said the management team built the business from a single coil paint line into what is now Steelscape.

Steel, he believes, has spawned a global industry, a sector without borders which has a big effect on people's everyday lives.

"We use it to make cars, appliances and all types of structures. It starts out as iron ore which we get from the ground and we use heat and other processes to turn it into steel. Best of all, when we're finished with it, it is fully recyclable.

"I find the whole process wonderful. It's an amazing material and an exciting industry. I think steel has got a great history and a great future ahead of it."

Paul Zuckerman

* Position: Steel division chief executive, Fletcher Building.

* Age: 43.

* Family: Wife Nicole, children Jack, 8, Natilie, 6, Sarah 3.

* Career: PPG Industries, BHP Steel, University of California, BlueScope Steel in Australia and China.

* Education: Master's in business administration, finance and marketing from Ohio State University. Bachelor of science and chemistry from Syracuse University, United States.

* Interests: Certified scuba diving instructor, skier and keen traveller.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.
Save

    Share this article

Latest from Construction

Premium
Property

'Struggle' - TV series producers on problems filming around Queenstown

26 Jun 11:00 PM
Premium
Property

NZ's biggest new supermarket gets green light

25 Jun 03:01 AM
Premium
Business|companies

Air NZ tech boss tipped for top job, Amazon’s huge Auckland construction site silent, Chorus’ multi-billion rural grab, more DIA cuts - Tech Insider

24 Jun 10:22 PM

Kaibosh gets a clean-energy boost in the fight against food waste

sponsored
Advertisement
Advertise with NZME.

Latest from Construction

Premium
'Struggle' - TV series producers on problems filming around Queenstown

'Struggle' - TV series producers on problems filming around Queenstown

26 Jun 11:00 PM

Brad Pitt just visited but film-makers tell how hard it is to make shows in Queenstown.

Premium
NZ's biggest new supermarket gets green light

NZ's biggest new supermarket gets green light

25 Jun 03:01 AM
Premium
Air NZ tech boss tipped for top job, Amazon’s huge Auckland construction site silent, Chorus’ multi-billion rural grab, more DIA cuts - Tech Insider

Air NZ tech boss tipped for top job, Amazon’s huge Auckland construction site silent, Chorus’ multi-billion rural grab, more DIA cuts - Tech Insider

24 Jun 10:22 PM
Premium
Most of Ōrākei retirement village to be demolished, new $336m village to rise

Most of Ōrākei retirement village to be demolished, new $336m village to rise

24 Jun 05:00 PM
Engage and explore one of the most remote places on Earth in comfort and style
sponsored

Engage and explore one of the most remote places on Earth in comfort and style

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP