advertisement | Eaton Steel A Few Good Men The third-generation of Eaton Steel has been taking notes from his elders on more than how to run the family business. BOB ROSSBACH By Lynne Konstantin dKW͗DĂƌŬ͕:ĞīĂŶĚ'ĂƌLJ'ŽŽĚŵĂŶ͘ KddKD>&d͗dŚĞƉŽůůŽYƵĞŶĐŚΘdĞŵƉĞƌ &ƵƌŶĂĐĞ͕ĂŶĞdžĂŵƉůĞŽĨĂƚŽŶ^ƚĞĞů͛ƐƵƐĞŽĨ ƚŚĞĮŶĞƐƚŵĂĐŚŝŶĞƌLJĂǀĂŝůĂďůĞ͘ KddKDZ/',d͗&ŽƵŶĚĞƌƐůĂŶĚKnjnjŝĞ 'ŽŽĚŵĂŶďƌĞĂŬŝŶŐŐƌŽƵŶĚĂƚƚŚĞŝƌKĂŬWĂƌŬ ůŽĐĂƟŽŶ͕ƐƟůůƚŚĞĐŽŵƉĂŶLJ͛ƐŚĞĂĚƋƵĂƌƚĞƌƐ͘ Eaton Steel 10221 Capital St. Oak Park, MI (248) 398-3434 www.eatonsteel.com W hen our father died,” Mark Goodman says, “there were four people at the shivah I didn’t know. I introduced myself and asked their involvement with my dad. Each one told me that my father had put them through college. “And my mother never knew.” From the Torah and Maimonides to modern philanthropic foundations, tzedakah — giving aid to the needy or worthwhile causes — is an integral part of Jewish life. And, Judaism teaches the belief that donors benefit from tzedakah as much or more than the recipients. For the Goodman family, this is a way of life. Mark and Gary Goodman’s father, Albert (Al) Goodman, founded Eaton Steel Bar Co. in 1953. During WWII, Al had been a metallurgist for Ford Motor Co.; after the war, he began buying leftover steel from one factory and sell- ing it to another from the back room of the family’s sporting goods store in Downtown Detroit. Al and his brother, Ozzie. ran the busi- ness while their father, Joe, helped in the office. Today, the company continues to thrive and grow under the helm of Al’s sons, Mark and Gary, who are co-CEOs, and Mark’s son, Jeff, who is president and a metallurgical engineer. Throughout Al’s tenure, even while still growing his company, he was always looking out for others — in part to help his business, but primarily because it was the right thing to do. “My grandfather taught my dad and uncle a lot of things,” Jeff says. “Small things, but important. I would hear sto- ries of him buying his employees tires so they could get to work. He’d give them money if they’d quit smoking cigarettes. And we try to follow his lead.” The third-generation family business now operates as an integrated supplier of special bar-quality steel as well as pro- ducing its own steel. Based in Oak Park, Eaton Steel has grown to more than 300 employees working for seven main com- panies, including Hercules Drawn Steel Corp., Apollo Heat Treating & Processing, Atlas Trucking, Atlas Logistics and Titan Metallurgy. “It’s gotten big, but it’s small enough that we can operate with the set of values and the family atmosphere that we think is important,” Jeff says. In a recent expan- sion, the company added a 5,000-square- foot health club and wellness center replete with trainers, Zumba and yoga classes, showers and more. “We expect our people to be account- able,” Jeff says, “but if they make a mis- take, we try to assess what they need — whether it’s training that we provide or something else. “We live in the real world,” he says. “All of our employees have families, there are illnesses — things that pop up in life. If you have a family crisis, you have to take care of that, and we will take care of you.” Likely because of the “family atmo- sphere” the company’s owners work hard to perpetuate, there is a low rate of employee turnover. “I’m 40 years old,” Jeff says. “It’s humbling to work with people who have been with the company longer than I’ve been alive.” The company also offers a pension and profit-sharing, allowing employees to “walk away with large sums of money,” Jeff says. “It’s very gratifying to us to have someone who has given all those years of service be able to retire with dignity and financial security.” Staying ahead of the times also is a priority. “We have an intern program; we go to different colleges,” Gary says. “We are always looking for people with fresh skills. We try to figure out where the future is taking us, and how to embrace it.” In an extremely competitive busi- ness, Mark and Gary had the foresight to ensure Eaton had commodities that set them apart. “As we grew and made money, we reinvested in ourselves,” Mark says. “We insisted on the finest manufac- turing products we could buy. We are try- ing to add value to everything we sell.” “And every time we do that, something that’s new for us, there’s risk involved,” Jeff says. “Part of running the company, of being entrepreneurial, is being afraid but doing it anyway.” The family’s philosophy of tikkun olam (repairing the world) extends beyond the walls of Eaton Steel. The entire extended Goodman family have been longtime members of Temple Israel in West Bloomfield, where they have set up a college fund that assists for four years of college, provided grades are maintained. The family also contributes to Magen David Adam, Israel’s national medical, emergency and ambulance ser- vice, as well as the Friends of the Israel Defense Forces, the Holocaust Memorial Center, the Chesed Project, Hebrew Free Loan, Jewish Vocational Service, Detroit Institute of Arts, Detroit Zoo, Detroit Symphony Orchestra and Michigan Humane Society. “That’s our attitude toward being human beings,” Mark says. “We are not isolated. We don’t live in a bubble.” Adds his son, “It’s nice to be able to be in the position of giving philanthropi- cally. But it comes off of decades of hard work. I’m proud of the great things we do now, but it’s only possible because of all the Saturdays and late hours and stress that my father, uncle and grandfather have put in. “My grandfather started with noth- ing,” Jeff says. “He, my dad and my uncle worked like animals. I saw it — my favor- ite thing when I was a kid was going to work with them on Saturdays. I’d watch them build relationships with customers.” The same priority the family places on real customer service is the intrinsic value placed on employees, the commu- nity and beyond. “We always encourage people to con- tinue their education, and we contribute financially,” Gary says. “We don’t ask for an employee agreement. Like our father always said, you’re giving a person the ability to solve problems — whether for us or not, you’re participating in tikkun olam. You’ve done a mitzvah to make their life better.” Y jn July 18 • 2017 29