National Steel Car – Industry Leading Freight Car Manufacturer Owned By Gregory Aziz
April 24, 2018
Gregory James Aziz is the CEO and Chairman of National Steel Industries and National Steel Car Limited. He was born in London, Ontario, Canada in 1949. During his career, Greg Aziz has held prominent rolls in the food distribution industry and the investment banking industry.
Aziz’s most life-altering work has been at National Steel Car, where he prevented the company from going under and saved hundreds of people their jobs.
After gaining his education from Ridley College and the University of Western Ontario, he joined up with his parent’s company called Affiliated Foods. At the time, the company was importing food products to Canada; when Aziz had finished his time at the company, Affiliated Foods was an international importer, gaining partnerships with companies in South America and Europe.
Greg James Aziz left the family business to pursue a life in New York City, serving as an investment banker. Aziz made enough money during his time in New York City to move back home to Ontario and purchase National Steel Car. See This Article for additional information.
Shortly after Aziz purchased the company the entire industry fell into a downward spiral. When the dust was settled, only 4 Canadian freight car producers remained, and National Steel Car was at the top of the list. Aziz accomplished this by securing much needed funding and investments and changing the production line up. Greg Aziz may have ended production on a number of different freight cars, but total annual production eventually went from 3,000 to 12,000. Employee numbers increased by fivefold.
Now National Steel Car is an industry leader, providing freight cars to companies throughout Canada and the United States. National Steel Car produces cars used by CSX, the biggest train company in North America.
It may have taken the company, which was founded in 1912, nearly a hundred years, but they are now the biggest freight car producer in all of North America. Even though Gregory James Aziz has only been a part of the company for a couple of decades, National Steel Car has become a success to their long-term commitment to excellence in engineering.
View Source: https://www.steelcar.com/