National Steel Car: Proud Canadian Locomotive Manufacturer

The company, National Steel Car is currently supervised by their chairman, president and CEO, Gregory James Aziz. The company was founded in the city of Hamilton, Ontario, in 1912 by a group of wealthy investors. They wanted to create a company that would benefit from the Trans-Canadian rail project that the government is constructing, and the National Steel Car soon became an instant hit. Many people have started investing in the company, and the number of orders soared high. The National Steel Car managed to create partnerships, and they even made a deal with the Canadian Government. It was the golden years of the National Steel Car, but they never imagined what would happen next.

 

1909308_1405440073054185_660900271_oDuring the 1930s, the economy of the world crashed. National Steel Car never survived the economic crash, and they started to become bankrupt. The company saw a decline in orders, and they resorted into making different products aside from rolling stocks just for them to survive. The business was revitalized during World War II, and they have been in a healthy state ever since. In 1962, the company was purchased by Dofasco, a Canadian steel company, but they decided to leave the company when they noticed that its revenue is declining. National Steel Car went into the hands of Gregory J Aziz in 1994, and he promised to revitalize the business and beat the previous revenue records that they had.

 

Under the leadership of Gregory J Aziz, the business started to flourish. National Steel Car managed to hire an additional 2,500 employees from the original 500 that remained. The production capacity of the company also rose significantly, growing from only 3,500 train cars up to 12,500 train cars per year. Presently, National Steel Car is manufacturing train cars and supplying them for the Canadian and American market, both for industrial and commercial use. Gregory J Aziz stated that the success of the company under his hands is the result of hard work and perseverance that a company on its knees can still bounce back and become successful. Click Here for Related information.

 

Gregory James Aziz has been recognized as the savior of the company. Under his leadership, the company managed to receive several awards and recognitions, and they even had the chance to export their product overseas. The company received TTX SECO award for quality, for over a decade. Gregory James Aziz stated that the company will keep its promise of creating high quality rolling stocks, and would like to make new partnerships from around the world.

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