At present, National Steel Car is one of the leading manufacturers of rail cars in Northern America and across the globe. The company started in 1912 and started as a flourishing business that went beyond the expectations of its investors and founders. The only setback that happened was when the Great Depression began in 1929 and took place most of the 1930s. At that time, the company was unable to secure large orders to defray the company’s monetary needs and meet the diversified requirements of existing and potential clients. In 1960, Dofasco, a steel mining firm located in Ontario bought National Steel Car.
Greg James Aziz is the present President, Chairman, and Chief Executive Officer of National Steel Car. He was schooled at Ridley College and took his Economics Degree from the Western Ontario University. Then he worked with the family’s business, Affiliated Foods in 1971. The family business is an international food importer of food from countries in South America, Central America and Europe, and has distributes the imported produce to major wholesale outlets located in Easter Canada and the whole of the United States.
Subsequent to working for their family venture, Gregory Aziz left for New York City and found employment with numerous banks in the city. When 1994 came, he purchased National Steel Car from its then current owner DOFASCO. After he acquired the company, Gregory Aziz found out that despite the excellent engineering skills present in the company it could only produce 3,500 cars in one year. Wanting to make National Steel Car a leading rail freight car in Northern America, he added more capital to get the company off the ground, and at the same time hired more employees. Go Here for more information.
By 1999, National Steel Car is already able to yield 12,000 cars yearly and the number of its workers grew from 600 to around 3,000. The excellent engineering ingenuity and innovative capabilities of National Steel Car has earned the ISO 9001:2008 certification and the TTX SECO award consistently.
Greg Aziz states that the ultimate assistance he and his company can give to the community of Hamilton and the surrounding areas is to consistently provide employment that has good pay and benefits. And to show gratitude for the community that has been with National Steel Car through the years, Greg Aziz and his family sponsors numerous local charities including the food drive activities of the local food banks within the vicinity of Hamilton, Ontario.
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Gregory James Aziz is an amazing member of his community and a skilled businessman. Not only does his participation in a lot of philanthropy through his company, National Steel Car, but he and his wife Irene are major sponsors of the Royal Agricultural Winter Fair. National Steel Car is a major employer in the community of Hamilton, Ontario as well. The freight car engineering and manufacturing company may be one of the world’s best, but Aziz and his team do not forget about the people around them. Every year, the company hosts a large Christmas party for over 3,000 employees and their families. This gives them a chance to show their workers how much they truly appreciate them.
In addition to their company charity, National Steel Car does a food drive during its Christmas party to help those that are less fortunate. Aziz and his company are also patrons in the community for the Theatre Aquarius, The Hamilton Opera, the Salvation Army, the United Way, and a host of other charities locally. They take their position in the community very seriously, because it is in part responsible for their success. Every single worker matters to CEO Gregory Aziz. Since he took over the company in 1994, the National Steel Car family has been his passion.
Greg Aziz was born in London, Ontario in 1949. He joined the family business, Affiliated Foods, in 1971 after receiving a degree in Economics from the University of Western Ontario. This was where Aziz started to cut his teeth in the business world and where he earned his very first successes. When he first came across National Steel Car, it was not the bustling business that it is today. The company had been on the decline for several years and the owner, Dofasco, was looking to unload it.
James Aziz saw potential in the company. He wanted to turn it into something that the entire community could be proud of. He purchased it and immediately started hiring people. He took the time to train them, pushing for higher quality products and well as better training. Eventually, he turned the small 600 worker facility into the booming business that it is today. While Aziz may be a successful global titan now, he has never forgotten about where he came from. This is one of the reasons why he and his company are so philanthropic in this area. If there is one thing that Gregory Aziz knows, it is that success starts with the community. Read This Article to learn more.
The Great Depression is a period in the history of the world characterized by a disastrous economic meltdown which swept the globe during the 1930s. In North America, the stock market crashed, and the value of investments plummeted. This phenomenon gravely affected businesses, and thousands of small and medium sized enterprises became bankrupt and closed down. As a result, millions of people were left jobless, and they had a hard time feeding their family because there is no income coming in. The Great Depression spread all over the world like a pandemic, leaving economists in shock as they never imagined the event to become this disastrous. Luckily, the global economy normalized after the devastating Second World War, and most companies started all over again. However, some companies managed to endure the economic meltdown in the 1930s, and one of them is the National Steel Car, a Canadian rolling stock manufacturing firm.
The National Steel Car was founded in Hamilton, Ontario in the year 1912. Private individuals from Hamilton established the company because they have seen that rolling stocks would be in demand once the construction of the Trans-Canadian Railway ends. The founders of the National Steel Car were right – rolling stocks became in demand, and the business for the company is doing great. The founders never imagined that the golden age they experienced in the 1920s would become a total opposite in the next decade. As the Great Depression swept every city and country across the globe, the National Steel Car struggles to survive. They manufactured different kinds of products, aside from rolling stocks, just to stand still. The founders of the company never imagined that the National Steel Car would experience this kind of crisis, but they never surrendered and continued on operating. Go Here For additional information.
It was during the end of the Second World War when the National Steel Car managed to bounce back. The company was purchased by Dofasco in the 1960s, and almost 30 years later, another crisis hits the rolling stock manufacturing industry. Dofasco sold them because they thought that keeping the National Steel Car would be a gamble, and the company fell into the hands of Gregory James Aziz. Gregory J Aziz is a financial entrepreneur, and he explained that he wanted to get his hands on to the National Steel Car because of its rich history, and because he wanted to turn the struggling company into one of Canada’s most successful. Greg Aziz successfully transformed the National Steel Car into one of Canada’s most successful companies today.
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