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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Gregory Aziz’s Vision Was Once Only A Desire for Rescuing A Falling Company

Presidents whether presiding over nations or silently watching their companies conquer the world leave office by mandatory or voluntary retirement, unpopular vote, step down or worse die in office. Gregory Aziz has not experienced such misfortune because of excellent leadership that spans more than two decades. He is a servant leader.

 

Also known as James Aziz, his employees know him as a man that did not let the train leave the station without him twenty-four years ago. He believes that his employees are his biggest asset because without them the company would be reduced to nothing. National Steel Car is his chessboard, and no one can pronounce ‘checkmate’ better than him when it comes to moving people to areas they are best suited for in the company. He does not discriminate against employees with a low skill set instead he sets them up with mentors who help nurture their talents.

 

National Steel Car has been recognized as the leader in railcar engineering all thanks to Greg Aziz and his quest for excellence. The company did not always enjoy the success it enjoys today because at one time during the great depression, it almost closed its doors. It managed to stay afloat by manufacturing trucks and bus bodies. Those days are long gone, and today the company produces boxcars, coil cars, flat cars, gondolas hoppers, intermodal and tank cars. The company continues to hold an impressive manufacturing pace in the rail industry.

 

Gregory J Aziz is a man that believes in being courageous for what he believes in even if he was standing alone. It is this courage that enables him when it is time for signing a contract and respecting deadlines. The simple formula has allowed the company’s ability to attract and maintain big names in the railroad industry such as Canadian National Railways and Ontario Northland Railway.

 

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The discipline he maintained during his years as an economics student at Western University is what keeps him at the top during the day to day activities. He respects his work and the people he works. Greg Aziz’s passion for business began at home where growing up in London meant that he worked in the family business from a young age. Before joining National Steel Car, he worked in investment banking. Gregory Aziz was not always the successful man that is the face of business in North America today. He was once just a banker with a dream. James Aziz’s purposed to purchase the company he now chairs, then threatening to fall in the gutters but today a successful venture. He made it. View Related Info Here.

 

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Gregory Aziz Leading National Steel Into The Future Of Excellence

 

Early Years

For many years, Gregory James Aziz joined his family business, which is a food business, Affiliated Foods. It was in 1971 that James Aziz joined his family and he helped his family expand to international markets with their food distribution services. Affiliated Foods was expanding to Europe, South America, Eastern Canada and Central America. After nearly two decades of helping his family at Affiliated Foods, Gregory Aziz started finding opportunities in the banking sector in New York in the 1980s and 1990s. Finally, in 1994 his business acumen and confidence had risen high enough to be the head of the acquisition of National Steel Car from the company Dofasco. After faithfully serving his family Gregory Aziz began looking for other business opportunities abroad and in the States.

Development of National Steel Car

Immediately after National Steel Car was acquired from Dofasco, Gregory Aziz began transforming and expanding the National Steel Car company into an internationally successful and recognized Canadian Steel Car Manufacturing Company. Gregory Aziz has always led National Steel Car to produce the highest standards of engineering and manufacturing capabilities. At the time of its acquisition, National Steel had 3,500 cars. Today National Steel Car surpassed that number to 12,000 in 1999. Also, the number of employees has grown five-fold from 600 to 3,000 employees.

ISO Standards

Gregory Aziz has pursued the highest standards of manufacturing for National Steel and today it is the freight car manufacturer that is completely ISO 9001:2008 certified. This distinction of highest standards has been National Steel Car for 18 years. Lastly, National Steel Car has been consistently honored since 1996 with the TTX SECO award, which is 18 of the awards years in existence.

Biography

The present Chairman and President of the National Steel Car company is Gregory J Aziz. Th National Steel Car company is the preeminent manufacturers of freight cars in the world. National Steel Car designs, manufactures and distributes throughout the world. National Steel Car’ manufacturing facility is located in Hamilton, Ontario. Gregory Aziz was born on Aril 30, 1949 in London Ontario. Gregory James Aziz attended the University of Western Ontario. See Related Link for more information.

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National Steel Car Crosses The Border

Almost every single Canadian knows of the company called National Steel Car. Being based in the province of Ontario it has expanded to include all the provinces that make up the great country of Canada. Many generations have lived and died working for National Steel Car and turning it to the gigantic Corporation that we see today. With all of this loyalty behind it, it is no wonder that National Steel Car is over 100 years old.

 

The company received TTX SECO award for quality, for over a decade and recognized the growth of the company awarding it the ISO 9001:2008 certification.

 

To celebrate this achievement of conducting business for over 100 years, chief executive officer Greg Aziz posted a ceremony to honor the entire workforce at National Steel Car. Chief executive officers of yesteryears were brought back to the company so that they could speak on the trials of the past and the victories of the future. Gregory James Aziz used this as a platform to discuss where National Steel Car would go in the future. Gregory James Aziz’s vision was for National Steel Car to continue building on its innovation and create a modular rail car that a customer could change in accordance with their personal needs.

Everybody in the company was excited about this vision when they were also a little trepidatious. Gregory James Aziz told that the only had five years to complete this project. Before now they had achieved many great things but this would be the hardest the ever had to try. However, they were up for the challenge.

 

They began moving toward building the modular railcar by training the people on the skills necessary to bring about this invention. This meant many workshops and seminars were hosted in order to get the team to the level it should be.

Once the training had occurred each person was given a job description which contained the specific ways they were contributing to making sure the modular railcar was a complete success. Go Here for additional information.

 

Once every person had the job description they needed it was time to overhaul the processes of the company. Gregory James Aziz brought in efficiency experts who completely changed and transformed the systems inside of National Steel Car. Communication became easier and authority was delegated. This allowed for people to get answers to their questions quickly and they were aware of the person they were supposed to ask.

 

Gregory James Aziz would step down from National Steel Car fully believing that this great company would continue conducting its business without him.

 

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Obsidian Energy On Right Track Again

Following the survival of several devastating setbacks that included an internal accounting scandal, crisis surrounding company debt, and a crash in the price of commodities Penn West Commodities, LTD. sought to change their image and name when becoming known to the world as Obsidian Energy LTD.

David French, the man entrusted to be the company Chief Executive Officer as it undergoes the needed transformation, explains that the Calgary based oil company only executed the name change after receiving approval from shareholders of the company. French feels that this was an important gesture in order to make it known that the company would no longer be operating as if there is no shareholder or public accountability.

The problems for Penn West began in 2014 when the company went public with the information that an accounting error had resulted in the misclassification of hundreds of millions of dollars’ worth of expenses. The mistake made it necessary for Penn West to provide new financial reports for a three-year period beginning 2012. Go To This Page for additional information.

A class action lawsuit was also settled with shareholders

 

Now Obsidian Energy has made a number of shrewd moves to restore the health of the company. Sales of assets made it possible for the company to lower their debt from a high of $3 billion to $384 million.

The company has also adopted a sleeker method of operations as the number of employees working from the company is down to 300 from a high of 1,400. The company also reports that it will now focus on four vital production areas where it once conducted business in 30 areas. The company has also reduced its production of oil by nearly 80% and now produces 28,000 barrels per day.

French says the name Obsidian was chosen to reflect the company’s ability to be sharpened and honed in a way similar to the volcanic glass that is now its namesake.

The company was at the apex of its success and was even among the sixty most prominent firms in the Toronto stock Exchange and was also a Canadian Royalty Trust (CANROY).

 

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NSC Is In Excellent Shape

Gregory James Aziz has been able to keep himself in the 1% of America by applying his own unique trade. He has been able to take businesses that otherwise would go bankrupt and turn them into either multibillion-dollar or multibillion-dollar companies. Since often owns a stake in each of these companies, he has become filthy rich through it.

 

National Steel Car was in desperate straits and they knew they needed somebody like Greg James Aziz to come into their company and change things around. They offered him the role as chairman of the board and also the top spot as the chief executive officer of their Corporation. After analyzing the company, he felt he would be able to turn them around and agreed to take on the position.

 

Greg Aziz began with the first task necessary to unite a company and create a fire in their boats. He cast the vision. This vision was that National Steel Car would not only be efficient, but it would return back to its innovative and creative roots that led it to the prominent spot it held in the very beginning. He told them he wanted to create railcar to dominate the industry. This railcar would be able to go faster and carry more weight the competition, it would be friendlier toward nature, and it would be customizable by anybody who purchased it.

 

This vision, once thought impossible, spread throughout the ranks at National Steel Car and soon everybody was on board. In order to help move the company to its goal faster, Gregory James Aziz brought in three specialists professors and had them on retainer to could teach his company workers the skills necessary to make this railcar.

 

Gregory James Aziz then began granting authority throughout National Steel Car rather than consolidating it at his office. He understood that his job was to create more leaders so that the company could continue function if anything happened to him. By giving everyone else of authority, decisions could be made quicker with less cost and greater effect. Refer to This Article for related information.

 

Greg Aziz help the vision spread by celebrating any and all victories that occurred at National Steel Car. This led to the people feeling emboldened and empower by the chief executive officer and lead them to finishing the railcar in just under three years.

 

Shareholders agree that National Steel Car will continue to grow immensely.

 

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Gregory Aziz Success Story

1Gregory James Aziz is the icon behind the National Steel Car. It’s a company that has earned an excellent reputation as the leading freight car engineering, manufacturing, and commitment to quality in new car innovation across the world, since January 1994. He is the chairman, president, and the Chief Executive Officer of the company which is located in Hamilton, Ontario. He also serves as the chairman of the National Industries Inc.

 

Gregory J Aziz Educational Background

 

Gregory Aziz, also known as Greg, was born in London, Ontario. Later in 1949, he started his education and excelled. Greg majored in Economics at the Western Ontario University in London. In 1971, he joined Affiliated Foods, which is a family business whose interest was in the importation of fresh foods across the world, and distribution in markets across the United States and Eastern Canada. The family food business grew significantly for the 16 years that he worked there.

 

Greg James Aziz Success Story Begins

 

Gregory James Aziz gained experience by working for different investment banks across New York. The experience he got was essential in acquiring and managing his own company, National Steel Car. In the year 1994, Gregory J Aziz purchased the National Steel Car from Dofasco; his main goal was to transform the company to be the best railroad freight car manufacturer. The company has since expanded to manufacture more railroad freight and tank cars annually, creating more employment opportunities, paying attention to the customer’s needs, and having a deep sense of purpose to the company’s core values.

 

The determination and pursuit have seen the company become the only railcar company to be certified ISO 9001:2008 in Northern America and regularly awarded the annual TTX SECO since 1996. These achievements have made National Steel Car more innovative, dynamic, diverse, and customer-oriented than ever before. This success has been made possible by support from customers, loyal and dedicated staff, and the great relationship the company has with the suppliers. See This Page for related information.

 

National Steel Car has been very committed to sponsoring the Hamilton community and assisting in other numerous local charities. The company has also participated in programs such as the incentive energy which was supported by Horizon Utilities. This program has helped the company in the reduction of its carbon footprint, thus lowering its operating expenses. Greg Aziz and Irene his wife are also sponsors of the most famous agricultural fair in Canada.

 

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The Gregory Aziz’s Factor In The Revival Of National Steel Car

1National Steel Car is a leading manufacturing company in North America. Its manufacturing plants are located in Hamilton, Canada. The company deals with engineering and manufacturing of railroad freight cars. It started operations in 1912 under the name Imperial Steel Car. Sir Morison and other entrepreneurs were the initial investors in the company. They had started NSC to take advantage of the huge demand for rail products at the beginning of the last century. The company did so well in the first few years that the management of the company found it prudent to expand its business operations even further. They plowed back the profits they were making in the company.

 

In the early years of the last century, there was a huge demand for rail products from this company. National Steel Car was receiving huge orders from private railways corporations in the region. In the first two decades, business was so good that National steel car continued to be a top manufacturer. Challenges would be met in the 1930s following the economic depression that hit the region. Demand for rail products went down, and the company had to venture into vehicles manufacturing. The industry later regained after the beginning of the Second World War 2. See This Page for related information.

 

Dofasco steel manufacturing company bought national steel car in the 1960’s. They managed National steel car up to 1994 when they sold it to the current CEO Gregory James Aziz. Since 1994, the National Steel Car has never been the same company it was. There have been major changes in the management of the company. The results are also different from how they were in the previous decades. National Steel Car was performing far much better than it did before. Greg Aziz had injected a new spirit of performance in the company. He had brought new business ideas that worked perfectly.

 

Gregory Aziz remains a leading company in Canada due to the impact Gregory James Aziz brought in the company. Greg had always been business-minded from a very young age. In the university, he studied a degree in economics. After his degree, he helped his parents expand their family food business to be the biggest in the region. Besides, he had spent years working in the investment banking industry. His previous engagements in the business sector proved vital for his success with the National Steel Car. National Steel Car is now a leading company in North America because of the energy that he has injected into the operations of the rail products company.

 

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The Achievements Of Gregory Aziz

National Steel Car is considered a success today. But this would not have been possible without the effort put in by Gregory J Aziz who is the pioneer behind this company. He is responsible for the development as well as the accomplishment of National Steel the Car. Currently, he is serving as the CEO as well as the leader of this organization. It is the biggest producer of railroad cargo autos in the world today. National Steel Car has its home office in Hamilton, Ontario. Gregory James Aziz is well-qualified and experienced to lead this organization. He has studied at the University of Western Ontario. He has impressed all with his insight, aptitudes as well as initiative that have empowered him to lead this organization and make it successful.

 

His accomplishments are visible at Affiliated Food. This is his family business which he joined after finishing his education. This indicates that he has a lot of experience in dealing with the operations of a company. During his tenure, he developed and expanded the business. From being a domestic firm, it turned into an international firm of repute. It was importing items from nations in Europe and South America and exporting them to USA and Canada. In this way, the company expanded.

 

National Steel Car Company is all about development through innovations. Already, it is certified ISO 9001:2008 in North America. This is the only railroad cargo auto maker that has received this accreditation. The company has also achieved the excellent honor of TTX SECO in 1996.

 

A lot of credit goes to Greg Aziz as he has driven several innovative practices here. He believes in supporting his employees. He makes sure that their voices are heard in the company. This is why his employees consider him as the best boss they have ever had. His ventures are being adopted by several other organizations. In addition, he believes in philanthropy that has enhanced the quality of life in this place. The organization plans a Christmas party for the employees and their families. Read related articles here.

 

In this way, Greg Aziz is promoting National Steel Car Company and ensuring that quality is maintained in the manufacture and development of railroad cargo auto at all levels. It is already the biggest company in North America in this sector. Greg Aziz had planned to buy this company and make it the largest in Canada. He has managed to achieve this feat.

 

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