When Greg Aziz led a group of investors to purchase National Steel Car in 1994 from Dofasco, it was an investment decision laden with operational and financial optimism as well as sentimentalism. For several decades, the company was a symbol of national pride and prestige. The company was a market leader when it comes to railroad freight cars and freight engineering technologies not only Canada but globally.
Located in Hamilton, Ontario, National Steel was a leading employer of the local population and a key driver of local and national economies. Therefore, the move to purchase National Steel Car by Gregory James Aziz and his partners was aimed at not only restoring the company to rightful place within the industry but also restore national pride and provide a source of livelihood for the local population.
Following the purchase, Gregory J Aziz embarked on an ambitious plan to transform the company’s fortunes. It was a goal that they achieved within five years of taking over the company. Through the visionary leadership and management acumen of Mr. Greg Aziz as its president, CEO, and chairman, National Steel Car’s productivity increased close to four folds. With a revamped production capacity, the company produced over 12,000 railroad freight cars compared to 3,500 when Mr. James Aziz took over the company. With increased productivity came the need for improving the company’s employee base. The company base shot to 3,000 workers within the five years, up from a paltry 600 when Greg Aziz led the takeover.
A New Era of Success
Under the leadership of Greg Aziz, National Steel Car has transformed into a global market leader when it comes manufacturing of railroad cars and research and development of leading manufacturing and engineering ideas. The company has invested in innovative technologies that have seen it become an award-winning global brand. Two years into Greg Aziz’s tenure as the company’s senior most executive, the company was honored with the prestigious TTX SECO Award for recognition of its high-quality products. Since then, the company has won the coveted prize annually. The company has received the ISO 9001:2008 for eighteen consecutive years due to its commitment to innovation.
The new era at the company has also been marked by increased engagement in the local Hamilton community especially when it comes to supporting local charity initiatives and development projects. The company organizes an annual food bank drive in addition to the Christmas Party that brings together former and current employees of the company and their families. It also sponsors the local Salvation Army, Hamilton Opera and the Theatre Aquarius among others. Go Here for more information.