National Steel Car has been an integral part of the fabric of Canada’s business sector since 1912. For over 100 years the company has thrived throughout Canada and has brought thousands of jobs in the manufacturing sector. Since the early years of railroad, National Steel Car has been a house hold name in Canadian manufacturing greatness.
In 1994 National Steel Car was purchased from its former owner, Dofasco. Working on the purchase was relatively young investment banker Gregory J. Aziz. The purchase had significance. It transformed National Steel Car back into a power house company in Canada and also allowed the company to expand its footprint, becoming one of the leaders in railcar manufacturing in all of North America, with an additional presence in the United States and Mexico.
From 1994 to 1999 National Steel Car invested heavily in onboarding additional engineering and manufacturing capabilities. The goal was to revamp its continued reputation as the leader in railroad freight car manufacturing. The project was successful and the company went from manufacturing around 3,500 cars per years to over 12,000 just 5 short years later. Additionally, the leadership decided to invest in their company and employees and added over 2,400 new jobs to Canada in the manufacturing and engineering sectors.
Gregory James Aziz, one of the investment bankers who worked on the purchase, then went to National Steel Car where he worked his way up to the position he is in now. Today, he holds the positions of CEO, President and Chairman of the Board. He is accredited with playing a large role in bringing the company to the soaring heights they have reached. See Related Info Here.
Greg Aziz has always has had a strong head for business and for driving growth within a business. After graduating from the University of Western Ontario with an economics degree, he joined his family’s wholesale food company, Affiliated Foods, where he focused on business development. During the time Aziz worked with Affiliated Foods it grew to become a global importer of fresh foods and a global exporter of those fresh foods to the United States and Eastern Canada.
Greg Aziz then turned to the investment banking world in New York, where his fate aligned with National Steel Car through his work on the purchase of the company. National Steel Car has never ceased to adapt and thrive in an industry that is turbulent at best. Their consistent use of new technology has given them a reputation as a leader that will continue to thrive.
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