The year of 1994 marked the resurrection of the Canadian manufacturer National Steel Car and its definitive comeback to the industry of railroad freight car manufacturing. In 1994, Mr., Gregory James Aziz purchased it, and under his leadership, National Steel Car is here to stay for many a decade to come.
With 105 years of operation behind its back, National Steel Car has had some ups and downs know what it means to stagnate for years. The company entered the business over one hundred years ago with a bang and attracted many investors from all around Canada. National Steel Car swiftly moved up the ladder and assumed its place in leadership.
The company flourished, and its workforce increased steadily for many years until the onset of the Great Depression. After that, National Steel Car had no choice but to give up the crown as it no longer had the same popularity as before. Clients could rarely afford the manufacturing of brand new railroad transportation cars, and the corporation was forced to downsize drastically. The ranks of the workforce decreased from a few thousand to a few hundred.
Years later the Second World War broke out, and that called for the production of thousands of railroad freight cars. National Steel Car was no longer on the rocks and was once again hard at work making its way to the top. The workforce started increasing again, and so did its capabilities of production. That was the last period for prosperity for the Canadian company. Read This Article to learn more.
Until Mr. Gregory J Aziz bought the business in 1994, National Steel Car was neither growing nor depleting. It was in a constant state of stagnation, and the prospect of flourishing once more was low. The company needed an overhaul, and so many aspects of the businesses need a change that its former owner Dofasco sold it off after a few years of ownership. Dominion Foundries and Steel, also known as Dofasco.
Mr. James Aziz modernized the business from the ground up. He hired more people and expanded the production capabilities of the manufacturer. What is more, National Steel Car started paying attention to the community and became involved in charitable events. The business is now a regular patron of community events and other charities. Greg Aziz and his wife are sponsors of the Royal Agricultural Winter Fair.
Mr. Gregory James Aziz is the President, Chairman, and Chief executive officer of the corporation. Under his leadership, the business has been thriving for more than twenty years, and it will continue to expand.