The Way Gregory Aziz Returned National Steel Car To Its Former Glory

 

Gregory James Aziz is the Chief Executive Officer, President and Chairman of National Steel Car, having bought the company back in 1994. National Steel Car is among the leading railroad freight car companies in the world, being located in Hamilton, Ontario. Currently, it is among the few remaining Canadian rolling stock companies.

Gregory James Aziz was born in London, Ontario in April of 1949. He went to Ridley College and later on majored in economics at the University of Western Ontario. He worked for Affiliated Foods starting in 1971, which was his family’s wholesale food business. The company grew dramatically over the following 16 years, and became a worldwide importer, taking in food from South America, Central America and Europe, and distributing it to major markets in Eastern Canada and the United States.

In 1994, after working on investment banking opportunities in the late 1980s and early 1990s, he purchased National Steel Car and focused on transforming the once great company into a leading manufacturer. Thanks to Gregory James Aziz’s dedication, National Steel Car is the only railroad freight car company in North America to be certified ISO 9001:2008.

National Steel Car was established in 1912, having a total of 106 years of rich history. It founded by Sir John Morison Gibson who led a team of investors. The company was a success ever since the beginning, as 1913 was the year when Canada saw an all-time high of rolling stock orders, which meant the company was launched at a perfect time. They received a large number of box car orders from the Canadian Pacific Railway, and also various orders from the Canadian Northern Railway. Business remained healthy until the depression, when the company started to struggle. Go To This Page for related information.

After World War II, business picked up and the company remained in a healthy stated. In 1962, National Steel Car was acquired by Dofasco, but by 1990 they effectively gave up on the declining company. In 1994, the company that Greg Aziz owned, National Industries Inc., bought National Steel Car and tried to save the company. The production capacity was increased by the year 2000, from 3,500 to 12,500 rail cars produced every year. In addition, the workforce was increased as well, the company now having 3,000 employees, compared to the initial 500. The company operates to this day, being a supplier of various rolling stock to both Canadian as well as American customers, primarily commercial rail operators and railways operators.

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