Being founded in 1912, the National Steel Car had faced a number of challenges through the years. They experienced growth from the early 1920s, but after the catastrophic Great Depression, the company struggled to get out of the threat of bankruptcy. The company was purchased by Dofasco in the 1960s, but their growth remained stagnant. In the late 1980s, another crisis affected the whole rolling stock manufacturing industry, prompting Dofasco to put a sale tag on the National Steel Car. The company was later sold to Gregory James Aziz, who currently serves as the chairman, president and chief executive officer of the National Steel Car.
Gregory James Aziz is a businessman and entrepreneur from London, Ontario, and prior to becoming the owner of the National Steel Car, he used to work for different companies. He graduated from Ridley College and the University of Western Ontario, receiving his degree in economics. After graduating, Gregory J Aziz decided to help in their family business, which is a food manufacturing facility. He used the skills he learned at the university to help the business grow. With his knowledge and expertise, their family business managed to expand its operations, and they have become food importers of products coming from South America and Europe. The food products are being delivered to key Canadian cities, and they are also sending some of their products to the United States.
Gregory James Aziz decided to leave their family business and work in a different industry. His parents supported his plans, and he decided to work for a financial institution. He worked hard until he climbed the executive ladder, and he earned a lot of money during his term at the financial institution. He saved a lot of money to be used on a business that he is thinking about, but after he read the report that Dofasco is selling the National Steel Car, he changed his mind and thought about buying the company. Go Here for more information.
Gregory James Aziz signed the deal with Dofasco, and the ownership was transferred under his name. His first priority was to retain all of the employees, and encouraged them to work hard for the sake of the company. He also employed an additional 2,000 plus employees, raising the number of workers for the National Steel Car to 3,000. Under his leadership, the company managed to produce more than 12,500 rolling stocks annually, and they have been awarded with the ISO 9001:2008 and other recognition.