In the year 1912, a famous Canadian politician and industrial developer established a new company to build railcars. John Morison Gibson with the help of Basil Magor put together a deal that would become National Steel Car.
The first years of the new company were a spectacular success thanks to a sudden boom in Canadian rolling stock orders in 1913. Now, more than 100 years later, National Steel Car remains one of North America’s premier suppliers of railway vehicles.
National Steel remained a solid performer, albeit with ups and downs over the decades – but when banker and businessman Gregory James Aziz purchased the company in 1994, a new era for the company began. National Steel Car was about to undergo its most remarkable transformation in history under the guidance of Mr. Aziz.
James Aziz was determined to take what had become a somewhat rusting, underachieving, Canadian manufacturer and remake it into one most robust and leading railroad rollingstock manufacturers in North America.
In just 5 years, Greg James Aziz oversaw the expansion of railcars built from 3,500 per year (numbers at the time Aziz bought the business) to some 12,000 cars per year by 1999. A stunning achievement in just five years! Over the same period, employment at National Steel Car grew from 600 workers to a payroll of about 3,000.
National Steel Car is headquartered in Hamilton, Ontario, a location close to the heart of Mr. Aziz, whose friends sometimes call him James Aziz. He was born in nearby London, Ontario in 1949. He grew up and studied Economics at the University of Western Ontario.
Gregory J. Aziz gained real-world business development experience after joining Affiliated Foods his family business in 1971. This was localized wholesale food distribution operation which Aziz transformed into a worldwide importer of fresh foods.
Mr. Aziz moved on to the world of banking working in various capacities among the rigorous and challenging financial environment of New York. Here he gained vast experience in finance, adding to what he had learned about business dynamics in the food industry.
Long eager to build his own company, Aziz organized the purchase of National Steel from Arcelor Mittal Dofasco. The rest is history. Today National Steel car continues to expand and excel, leveraging advanced engineering and riding a laser-like focus on superior quality and excellence in producing the safest, most advanced rollingstock vehicles in the world. Click Here for Related Information.