National Steel Car: How Gregory Aziz Resurrected the Company

National Steel Car is the leading railroad freight car and rolling stock manufacturing company in the world. They are also the largest manufacturers of rail cars in Canada, and their engineering capabilities are considered to be one of the best in the country. The present president, chairman and chief executive officer of the National Steel Car is Gregory James Aziz, who is a Canadian businessman and entrepreneur. The headquarters of the company can be found in the city of Hamilton, Ontario, the same exact location where it was established a century ago.

 

During its early days, the National Steel Car managed to create several rolling stocks for private transport firms and the Canadian government. They reached their peak during the late 1920s, when rolling stocks became in demand. However, as the Great Depression began, the National Steel Car experienced decline with the orders, and they have to manufacture other products in order for them to survive the economic meltdown which was causing societal collapse in other parts of the world. They managed to bounce back after the Second World War, and in the 1960s, the National Steel Car was purchased by Dofasco, a Canadian steel manufacturing company. The National Steel Car was then purchased by Greg Aziz in 1994 to save it from bankruptcy.

 

Gregory J Aziz grew up in the city of London, Ontario, and he finished college with a degree in Economics. He helped with their family business after graduating, and he was one of the key persons in their family business that contributed to its success. Gregory James Aziz then decided to leave their family business and worked in the financial industry during the 1980s. He saved a lot of money while working in the financial industry, and when he heard about the National Steel Car being sold by Dofasco, he immediately contacted them to arrange the purchase. The National Steel Car was purchased by Gregory James Aziz in 1994, and he promised that he will restore the company’s glory, similar to what it experienced in its early days. Get More Info Here.

 

The employees working with the National Steel Car before Gregory James Aziz purchased the company were retained, because he believes that their expertise will help the company grow. As years go by, the number of employees rose from 600 to 3,000, and the rolling stock production grew from 3,500 annually to more than 12,500 annually. Under Gregory James Aziz, the National Steel Car was also awarded with an ISO 9001:2008 certification, and they became one of the most successful rolling stock manufacturers in the world, offering their products to Canada and the United States.

 

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