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National Steel Car is a bit of a legend in Canada. Located in Hamilton, Ontario the company has been around for over one hundred years. It was founded in 1912 by a group of prominent business men in Ontario, as Imperial Steel Car Inc. Their goal was to bring railroad car manufacturing to Canada and make Canada North America’s premier destination for that manufacturing.

 

Today, that goal has been accomplished thanks to the hard work of Gregory James Aziz and his leadership team. In 1994, Greg Aziz had been working as an investment banker in New York City. During that time he managed several accounts successfully and had a great career in the investment world. It was during this time that he managed the purchase of National Steel Car back from a previous owner. The deal went so well that National Steel Car recruited Gregory J. Aziz to work as part of the company’s leadership team. He has then held many leadership positions including Chief Operating Officer.

Gregory Aziz is currently the Chief Executive Officer, President and Director of the Board for National Steel Car. During his time there he has made incredible accomplishments that have pushed the company forward to achieving the company’s goal of becoming the leader in rail car manufacturing in all of North America. He is known as an innovator. He is also known as someone who always utilizes the latest technology to push his company forward. In the industry of building rail cars, technology and adaptation are typically one of the last things to be utilized by a company. Greg Aziz has helped National Steel Car earn the reputation as the leader in innovation in the industry by always utilizing technology and making it a priority for the company. Get More Information Here.

National Steel Car is always very well known for the amount of philanthropy work the company does for the community of Hamilton and for the entire region of Ontario. Among other things, National Steel Car is best known for its annual holiday event. During the event all employees, both past and present, are invited to bring their families and to celebrate the holidays and eat, drink and enjoy the company of others. Due to the fact that National Steel Car employs to many people in Hamilton, the event serves as a giant town gathering where people unite to celebrate the holidays. Greg and his wife also regularly sponsor the Royal Agricultural Winter Fair and is known to support Theater Aquarius, Hamilton Opera, United Way, Salvation Army and various food banks.

 

National Steel Car has been around for over 100 years and has spent the majority of its life servicing the railroads of central Canada. This company has produced rolling stock and cars for some of the major railroads in Ontario. It builds hoppers, coal cars, boxcars, and several other types of cars that railroads need and use every day. This company survived the great depression and bounced back without a hitch. In the age of truck transportation, however, the company began to struggle. It could no longer find customers, and because it changed hands so often between different owners and private equity firms, it was impossible for management to get on the same page with the owners. Luckily for NSC, businessmen and investors like James Aziz exist.

 

In 1994, Greg Aziz purchased National Steel Car from the private equity firm that had purchased it only years before. Aziz had spent his early years bringing his family’s food distribution business, Affiliated Foods, into prominence in the North American markets. He was hoping that he could bring what he learned from that experience, as well as his natural business talent, into the railroading world.

 

The first thing Aziz noticed was that there was no clear goal or focus of the company. Having been parts of acquisitions for years, there were no owners planning on staying around long enough to put in a strategic plan. Aziz changed this. Gregory Aziz made his decision clear that the focus of the company would be on engineering. With so many new regulations coming out every year dictating how certain types of rolling stock should be built and what safety standards they must have, it only made sense to focus on this pivotal area. He also wanted to guarantee that customers would not have an obsolete or illegal train car after just years of buying it.

 

His next order of business was to improve the means of production in the plant, spending millions on new capital projects and employees. He hired over 2,000 additional workers, and he was able to increase the capacity of the plant from just 3,500 cars per year to over 12,000. He used his knowledge of business and ability to find customers to use this capacity increase to build out sales. Refer to This Article for related information.

 

Under his watch, National Steel Car went from just a local player that had been around for years to a major supplier of every railroad on the Continent. Many companies buy their rail cars including among others Dow Chemicals, Waste Management, Inc., Canadian Pacific Railway, CSX, and Union Pacific. NSC continues to boast sales over $200 million each year, and they owe everything to their CEO, Gregory James Aziz.

 

Related: https://ca.linkedin.com/in/gregaziz