How Greg Aziz Turned Around National Steel Car

Greg Aziz is a Canadian businessman who is from London, Ontario. He is a graduate of Ridley College and the University of Western Ontario, the latter at which he earned a bachelor’s degree in economics. Once he graduated he joined his family’s business. This was a wholesale fresh food company that imported food from all over the world. They then sold this food in bulk to wholesale markets both in Canada and America. He worked for this company from 1971 to 1987.


New York City was the next stop for Gregory James Aziz. He became an investment banker on Wall Street. It was while he was researching different investment opportunities that he came across a Canadian firm called National Steel Car Limited. At the time it was owned by another company, Dofasco. Dofasco had let National Steel Car languish and lose market share in the railroad industry for a number of years. Gregory J Aziz was intrigued by the company and thought he could restore it to the greatness it once had. As a result, he bought National Steel Car, moved to Hamilton, Ontario, and took over as the chairman of the board, president, and chief executive officer. Go To This Page for additional information.


Over the next five years, Greg Aziz greatly expanded operations at National Steel Car. HE quadrupled the number of railroad cars they manufactured each year. He also went on a hiring spree, increasing the employee headcount to 3,000 from just 600 five years prior. Under his stewardship, National Steel Car became the only company in the industry to be certified ISO 9001:2008, a certification they have held for almost 20 years. It was also granted the TTX SECO award for 13 years in a row.


By investing in his company over the year, National Steel Car has been successful in the industry. Their railroad cars are designed in-house, and his factory uses cutting-edge technology to build them. Beyond his company, Gregory J Aziz also invests in the broader community by being a philanthropist. He often holds food drives at National Steel Car, for instance, which is delivered to food banks in and around Hamilton. There are two cultural institutions in Hamilton that he has also been a long-time sponsor of, which are the Hamilton Opera and the Theater Aquarius. Additionally, he gives money to other local and national charities.


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