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The National Steel Car is one of the largest rolling stock manufacturing companies in Canada. They proved to be the leader in the rolling stock manufacturing industry, and their experience of more than 100 years adds to their positive reputation. The company is presently under the ownership of Gregory James Aziz, who is also serving as the present chairman, president, and chief executive officer of the National Steel Car. Experiencing their Golden Age during their early years, the National Steel Car went through ups and downs as time went by, being on the brink of bankruptcy twice. Without the help of Gregory J Aziz, the National Steel Car might have faded into the horizon.

 

In 1912, the National Steel Car was founded by a group of investors in the city of Hamilton, Ontario, Canada. The company grew tremendously after its foundation because of the high demands of rolling stocks. During this period, the Trans-Canadian Railway is still under construction, but companies which will pioneer passenger rail road transport is already ordering bulk from the National Steel Car. The company reached its peak success in the late 1920s and the early 1930s, and during this period, so many orders are coming in every day, and they are manufacturing a lot of rolling stocks annually. However, the National Steel Car did not expect that the coming years would become difficult for them. As the Great Depression started, companies and businesses around the world closed down because of the economic meltdown. The fate of the National Steel Car turned around, and the once strong and in demand company faces bankruptcy. They had to resort in creating other products, just to survive the Great Depression.

 

The National Steel Car managed to survive the economic meltdown that paralyzed businesses around the world, and during the Second World War, they were contracted by the government of Canada to manufacture war machines and vehicles. They used this opportunity to bounce back, and the revenue of the National Steel Car has seen a comeback. They would experience steady growth until the late 1980s, when the industry faced another challenge. Get More Information.

The company, now under Dofasco, is facing another threat of bankruptcy. Dofasco decided to sell them in order for National Steel Car not to become a liability to the Canadian steel manufacturing company. Greg Aziz purchased the National Steel Car in 1994, and he contributed a lot to make the company rise again. The company has seen new opportunities at the end of the rolling stock manufacturing crisis. Their annual production of rolling cars grew to 12,500, and the number of employees grew to 3,000. The National Steel Car also received an ISO 9001:2008 certification, along with multiple excellence awards. Gregory James Aziz promised that he will transform the National Steel Car to become a global player in the years to come.

More On: https://www.bloomberg.com/research/stocks/private/person.asp?personId=39124620&privcapId=35787198

Introduction

Contributing to the state of the economy is one of the most important things that an individual can do to the community. The contribution can be a very hard thing depending on the initial training and culture of the areas, but it can also be one of the most honorable things in the society. Gregory James Aziz has tried his best to be one of the people to change the state of Canada. The entrepreneur has done a lot in his capacity to ensure that there is something good in the society.

The journey to being an entrepreneur

From the time that he was a child, Gregory Aziz had an interest in owning a business. Aziz was raised in a family of entrepreneurs, and this helped him to develop his love for entrepreneurship. As a child, Greg Aziz watched as his family handled the food processing company. He always thought that he could do something about the situation, but he was incapacitated. After his primary and high school education, Gregory James joined the University of Western Ontario to study economics.

The contribution to the society through the family business

After the graduation, Gregory James Aziz returned to his parents to help them develop the company. The parents had no problem with the state of the company until Gregory gave them the idea of expansion. After his input, the company increased its production from the Hamilton market to the entire North America. The number of employees had to be increased, and the taxes had to be paid to the Canadian government, and this improved the state of the economy. With more employees in the company, the state of life became better. The government had reduced pressure on the employment rate in the country. Find More Information on This Link.

Improving the state of the society through the National Steel Car

Gregory J Aziz increased the number of employees from 600 to over 3000 in five years. The improvements were made through the expansion of services and the provision of excellent products. The addition of the number of employees helped the Canadian Government in easing the rate of unemployment in Canada. Equally, as there was an expansion in production, the company paid more taxes. The involvement of the other companies across the world increased the revenues that were paid to the government and, therefore, adding unto the country’s collection of taxes. With his entrepreneurial skills, James Aziz has become a big name in Canada because of his enormous contributions to the economy.

 

See: http://www.lacartes.com/business/Greg-Aziz-National-Steel-Car/191944

 

Having been troubled about how people lived when he was young, Greg always wondered if things could be changed. There were several rich people who enjoyed being called rich. People amassed a lot of wealth which they did not even require. Such things troubled Greg Aziz. He always thought that he could do something about it when he grew up. At the University of Western Ontario, James Aziz saw several struggling students, and he supported them to the extent that he could. The need to uplift humanity became his major thought, and he desired to change the situation.

The motivation to improve the state of the food company

One major thing that motivated Greg Aziz to improve the state of the family business was the need to create more employment to the people around. He struggled hard to ensure that more people could get jobs in order to raise the status of the families. After his graduation, James Aziz could not help people directly. He did not have sufficient funds to improve the status of the people. At the family business, Aziz was appointed to oversee all the operations which gave him the power to make certain important changes. Such developments gave him an opportunity to assist people regardless of their economic statuses.

Naturally, it is impossible to help all the people. The company could have the capacity to absorb all the residents, and Greg James had to leave to look for better opportunities. Having understood that the food import company was his parents’, James Aziz wanted something of his own. In 1984, Gregory went to the United States to understand more about the corporate investment before having a venture of his own.

Giving back to the community through the National Steel Car

When it comes to development and the provision of employment, the National Steel Car is one of the most important companies in Canada. The company has provided jobs for different individuals both directly and indirectly. Among the jobs that have been providing, the residents of Hamilton have benefitted the most since the company is built on that land. Thousands of the Hamilton residents have been employed in the company and, therefore, improving the state of the economy. The company has equally provided opportunities to work with other companies. About eight companies in Canada have improved their services because of the link they have with the National Steel Car. These eight companies have employed more people within Canada to help them with their operations. Get More Information Here.

Gregory Aziz is an acclaimed personality in the vehicle manufacturing sector. Currently, the exec is the President and CEO of the National Steel Car, a freight car manufacturing enterprise. National Steel Car is one of the businesses that put the United States on the global map on innovation and manufacturing. The company has remained profitable during a time when most manufacturing industries are being disrupted and thrown out of business. Gregory Aziz’s birth place was in Ontario, London. Greg was brought up in a middle-income homestead and went through some of the most renowned institutions such as the Ridley College and the University of Western Ontario. Gregory majored in Economics and got a chance to put his skills to work by running the family business immediately he left college.

 

Gregory’s business acumen was displayed as soon as he started running the family business. His strategies and management style led to an increase in sales and a rise in the company profits. For a long time, Gregory has been resourceful to every business he touches. When he left the family business, he decided to delve into the sector of financial services and investment. He accumulated a wealth of knowledge working with various financial institutions in the United States.

 

Gregory J Aziz quit his job in the financial sector in the mid-90s and decided to join National Steel Car. At the time of his entry to National Steel Car, the enterprise was still owned by Dofasco. His first order of business at the company was facilitating the acquisition of National Steel Car from Dofasco, a job that the man did so well. Over time, Gregory Aziz has managed to foster innovation to keep National Steel Car’s vehicles aligned with the demands of the freight cars of the 21st century. One of the most remarkable achievements of National Steel Car that Gregory Aziz has facilitated is the sharp growth in sales in the company. Today, National has quadrupled its annual car sales from those it used to move annually in the year 1994. Read More Here.

 

Thanks to Gregory Aziz’s commitment and passion for his job, National Steel Car has become a market leader in the field of railroad freight cars manufacturing. The company is known globally as one of the most competent freight car manufacturers. Greg’s strategy of ensuring that the cars that leave the manufacturing facility are of the highest available quality has enabled the enterprise to stay ahead of its competitors.

See: https://www.behance.net/greg-aziz