How Greg Aziz Took National Steel Car Into the 21st Century
The freight car building business is considered an old industry where innovation is a rarity. One executive, however, took one of Canada’s premier freight car builders to new levels of innovation late in the last century. Today, James Aziz‘s leadership at National Steel Car is seen as an inspiration to many in the business world.
Gregory J Aziz began at the family business almost five decades ago. Working at Affiliated Food in 1971, Mr. James Aziz helped his family’s wholesale food business stay successful during the recession of the 1970s. Over the next decade and a half, Greg Aziz took the family business from a regional concern into an international wholesaler. This experience in growing a business would be a harbinger of things to come for Mr. Aziz.
In the 1980s, Mr. Aziz left the family business Affiliated Foods and started working for various investment banks in New York City. This valuable experience would help Greg James Aziz get the know-how he needed to acquire and run his own company. And that experience would come in handy when Mr. Aziz put together a team to acquire Canada’s National Steel Car in 1994.
At the time, National Steel Car was facing challenging times. Mr. Aziz, however, had grand plans for the Canadian freight car builder. In 1994, Mr. Aziz took control of the company and laid out plans to innovate the company’s products and expand their manufacturing capabilities. What would follow would be one of the great turnaround stories in the history of the transportation business.
When Mr. Aziz took over National Steel Car, the company was manufacturing only 3,500 freight cars per year. A few years later, Mr. Aziz would raise that figure to 12,000 units. This ramp up in production also led Mr. Aziz to staff up the company to 3,000 employees from just 600 a half a decade ago. By the end of the 20th century, Mr. Aziz had nearly tripled the size of the company. See This Page to learn more.
Today, National Steel Car is the premier freight car builder in North America. With the largest freight car building facility on the continent, National Steel Car is the go-to builder for rail transport companies. As National Steel Car continues on into the 21st century, the company will continue to take the lead in the freight car building industry.
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