How Gregory Aziz Restored National Steel Car To Its Former Greatness

National Steel Car is a railcar designing and manufacturing company based in Hamilton, Ontario in Canada. The company was founded over 100 years ago, in 1912. It’s not just the largest railroad car company in Canada but in fact one of the largest in the world. The leader of this company, as both the chief executive officer and chairman, is Gregory James Aziz.

1909308_1405440073054185_660900271_o

National Steel Car started out as a very successful company. When the great depression hit, however, National Steel Car started to lose money in comparison to its competitors. Eventually it was bought by another company, Dofasco. Dofasco did alright with the company, but it was a declining business. Around 1990 Gregory James Aziz was working on Wall Street when National Steel Car came to his attention. He researched the company and saw that it was a great opportunity to buy and revive. So, in 1994 Dofasco sold the company to Greg Aziz’s company, National Industries Inc.

Once Greg James Aziz owned National Steel Car he set about returning the company to its former greatness. In just six years he boosted employment at the firm from 500 employees to over 3,000. He also greatly expanded its production capacity. When he took over they made about 3,500 rail cars each year. By 2000 they were building 12,500 cars each year. His company now supplies railroad car operators, both railway and commercial, throughout the United States and Canada.

Greg Aziz was born in 1949 and is a graduate of Ridley College. As a Canadian, he attended the University of Western Ontario where he earned his bachelor’s degree in economics. This educational background has served him well at National Steel Car and in his career prior to buying this company.

 

Gregory J Aziz also finds satisfaction in helping other people. He is a philanthropist who has helped the Hamilton community in a number of ways. One such was being by serving as a sponsor for a number of community stalwarts. He has given money to the Hamilton Opera and Theatre Aquarius so that people can enjoy the culture of Canada. He also supports organizations that help those in need, especially after disasters, such as the United Way and the Salvation Army plus several Hamilton charities. Beyond this, he holds a Christmas party each year at his company where beforehand his company holds a big food drive from which much is donated to local food banks in the region. Find More Related Here.