Gregory James Aziz is a Canadian businessman who grew up in London, Ontario. He holds a degree in economics which he earned while attending the University of Western Ontario. After graduating he joined his family’s food distribution business. During his time with this business he was instrumental in greatly increasing the size of the company. It became a company that imported food from international sources and then distributed to customers across both Canada and the United States. See This Article.
After a number of years, Greg Aziz moved to New York City and joined the banking industry. He was very successful in these positions and garnered quite a bit of wealth. It was in 1994 that he learned about National Steel, Car, a company that designs and builds railroad freight cars. At the time that company was in dire straits after previously had been one of the most successful such companies in North America. Gregory J Aziz saw a great opportunity and bought the company, becoming its Chief Executive Officer and the Chairman of the Board of Directors.
Within six years, Greg James Aziz was able to radically change the fortunes of National Steel Car. He refocused the company on designing high-quality cars by hiring a team of highly qualified engineers. He also boosted the amount of rail cars they were able to deliver to their customers each year. When he entered the company it only built 3,500 cars a year. Six years later it was producing 12,500 cars.
The rebirth of National Steel Car had under the leadership of Greg Aziz was a boon to the Hamilton, Ontario community. He was responsible for bringing in a lot of high paying, good jobs at both his company and suppliers in the area. National Steel Car is once again one of the premier companies in its industry in the world due to his careful yet bold management of the firm.
Gregory James Aziz helps the community in other ways as well. He supports a number of Hamilton nonprofits including the Theatre Aquarius as well as the Hamilton Opera. He also supports national charities like the Salvation Army and the United Way. He and his wife, Irene, also donate money to support the Royal Agricultural Winter Fair each year. This annual event features a royal horse show, agriculture, entertainment, and a large variety of foods presented at the fairgrounds in Toronto, Canada.
If it is a matter of excellence, then no other company in Canada can outdo the performance of the National Steel Car. This is a corporation that has been operating in the country for over one hundred years now. National Steel Car was formed in 1912 by Sir Morison and Basil Magor, two great investors at the time. Over the years it has managed to stay in the manufacturing industry without ever collapsing. It is an achievement for a corporation in the manufacturing sector to hold together for over a century. Many corporations in the sector get overtaken by events in term of technology or economic depressions that hit the industry once in a while.
The operations of the corporation have never been always smooth. After starting operations in 1912, the company took off at high speed, with clients from all over North America making orders for car boxes. Some of the clients included Canadian Northern Railways and the Canadian Pacific Railways. The operations of the corporation went on well on as the market at the time was favorable to such corporations. There was a huge demand for railroad freight cars as the railways’ sector was at the time growing rapidly as a means of transportation in the region.
One of the major setbacks for the corporation would come in the 1930s. The business was performing poorly, and the orders for the corporation had gone too low for it to remain functional. What the management of the company at the time did to avoid a collapse of the company was to revert to some other manufacturing activities such as bus bodies building. The company lacked diversification at the time, and now that the railroad freight cars were not selling, then it was faced with a monumental challenge. The breakthrough would come later in the 1940s when the Second World War triggered growth in the industry once again. See More Info Here.
Gregory James Aziz is the CEO and the chairman of the national steel car. He has held this position since 1994 when he purchased the company. Greg Aziz is an economist and such he is well versed in the matter of reviving businesses that have been through economic challenges.
When he took over the corporation, it did not take many years for him to realize the output he needed. National Steel Car started producing over 12000 thousand cars every year. It also got recognition through the TTX SECO award for best quality products.
See Also: https://www.facebook.com/gregaziz1