Canada

The Growth Of The National Steel Car Under CEO Gregory Aziz

National Steel Car is one of the oldest companies in North America. It was started in 1912 as a railroad freight cars manufacturing company. Since it was founded, the company has been running efficiently over the years. It, however, had to deal with the challenges that were facing the economy at various stages. Its toughest test was in the 1930s when the company had to change the products so that it could stay in business.

 

1National Steel Car is located in Hamilton, Canada and it is the biggest company in the area. It is boosting economic development in the area by creating employment opportunities to hundreds of people in the area. When Greg Aziz was buying the National Steel Car, the company had about 600 employees. In 5 years of his leadership, he had already demonstrated good results as employees in the firm had grown to over 2000.

 

Gregory Aziz bought the National Steel Car in 1994 and has helped in building the company from a small level it was to now that it is leading in North America. Before he bought the company, he was working as an investment adviser with various investment banks in the country. Gregory Aziz studies economics in the university and is therefore conversant with the management of companies that are performing badly and helping them resuscitate their business operations. Refer to This Article for additional information.

 

Gregory Aziz trusted in his abilities to run the company before he purchased the National Steel Car. He knew that even though the company was performing badly at the time, he had the knowledge needed to push growth in the firm to a higher level. Greg Aziz unleashed his business skills in this company, helping it become a top manufacturing company in the whole of North America.

 

Greg James Aziz was born in Ontario. He was passionate about business from a very young age. He joined the University of Western Ontario and studied a degree in economics. After his studies, he joined a family-owned food business which he helped to build from a wholesale shop operating in Ontario to a global company importing foods from other continents and exporting to the United States as well as supply to other parts of Canada. The growth in the food company, which was known as Affiliated Foods, prepared Greg Aziz for bigger tasks in future. He took up the task at the National Steel Car with high spirits knowing that he could do the same thing.

Gregory Aziz’s Journey On How He Transformed National Steel To Become The Biggest Manufacturer Of Railroad Cars In Canada

The current Chairman of National Steel Car, Gregory Aziz is a vibrant diligent man who worked his way to the top diligently. Gregory James Aziz was born in 1949. He studied the Ridley College and went ahead to do his majors at the University of Western Ontario. His career began in 1971 when he started working at Affiliated Foods, a company that was owned by his family.

During Greg Aziz’s tenure at Affiliated Foods, the firm experienced tremendous growth in sales and expanded its operations into numerous other places. The firm was able to import food products from countries in Central America, Europe and even South America. With its presence having being expanded, Affiliated Foods was able to distribute the food products to all the fresh food outlets in Eastern Canada and the U.S.A.

James Aziz worked at Affiliated Foods for 16 years and he, later on, moved to New York. Between the 80s and early 90s, Greg J Aziz worked on several banking opportunities in New York. It was in 1994, that he put his resources together an organized the acquisition of National Steel Car. His main aim was to restore the company’s lost glory of being one of the largest producers of railroad freight cars in Northern America.

Based in Hamilton, Ontario, National Steel Car is the biggest producer of rolling stock in Canada. It is currently under the leadership of Gregory J Aziz who is the President, Chairman and the Chief Executive Officer of the company. The firm was started in 1912 by John Morrison in partnership with several other investors. Business was booming for the firm as it received orders from numerous corporations, including the Canadian Pacific Railway. This was so until the 1930s when the company faced stiff competition from its competitors. It was World War II that revived its business.

 

In 1962, Dofasco made an offer and it acquired National Steel Car. In 1994, the company was then bought by Greg Aziz’s company, Hamilton Corporation. This might have been a really good move for the firm since James Aziz has made numerous changes to help the firm grow. Within six years, through his strategy, the firm’s workforce was able to grow from 500 employees to over 3000 employees. Before Gregory J Aziz took over, National Steel Car was producing 3500 rail cars annually, but by 2000 the firm started producing 12500 rail cars every year. It is with no doubt that Greg Aziz is good at what he does and the firm is destined for greatness under him. Find Additional Information Here.

 

Learn More: https://www.steelcar.com/