How Gregory Aziz Rejuvenated Legendary Canadian Railcar Company National Steel Car

1National Steel Car Chairman and CEO Gregory James Aziz was born in London, Ontario on April 30, 1949. The Hamilton, Ontario based company is the largest railroad freight car engineering and manufacturing company in Canada. National Steel Car supplies various railway freight and tank cars to Canadian and American railway operators and commercial rail operators. The company was founded in 1912 under the name Imperial Steel Car but the name was changed to National Steel Car shortly thereafter.

 

National Steel Car quickly became an industry leader in rolling stock and has the distinction of maintaining a top 3 position in Canada during its entire existence. Greg Aziz acquired the company in 1994 from its then owner Dofasco, and quickly set into motion a plan that would see the company well prepared for operation into the new century. National Steel Car has seen a massive expansion of its operations and production capabilities under Greg James Aziz. The company’s workforce has been increased from 500 to 3000 employees. This has coincided with a massive production increase from 3,500 to 12,500 railcars annually.

 

Greg James Aziz attended school at Ridley College and the University of Western Ontario, majoring in economics. After college, he joined Affiliated Foods, his family’s wholesale food business. In the late 80s and early 90s he worked in the investment banking sector in New York. He purchased National Steel Car in 1994 and immediately set to work attaining the vision he had for rejuvenating the company. National Steel Car’s current success is a direct result of Greg Aziz’s vision.

 

In making certain that National Steel Car was ready to move into the 21st Century, Greg Aziz emphasized the strengths that the company already possessed. Strong engineering capabilities that were already in place were paired with an emphasis on team building. Gregory J Aziz also made significant human and capital investments. Due to these measures, National Steel Car was able to expand its manufacturing capability from 3,500 cars per year in 1994 to 12,000 cars per years by 1999. The human investment included expanding the company’s payroll up to 3000 employees.

 

Greg Aziz’s vision for the growth of National Steel Car and his emphasis on engineering and manufacturing excellence has allowed the company to become the industry leader in new railcar innovation. Greg Aziz’s reputation for showing great appreciation and respect for his employees motivates his teams of technologists and engineers to create some of the most innovative designs in the railcar industry.

 

Greg Aziz has stated regarding his teams of employees that, “The cornerstone of this great company is our people. We are immensely proud of what we have achieved together. National Steel Car today is more dynamic, diverse, innovative and values-driven than ever before.” With a leader like Gregory James Aziz at the helm, it is not hard to see why National Steel Car is a leader in the railcar industry. Refer to This Article for more information.

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