It is hard to imagine that just more than two decades ago, National Steel Car was a company in decline. Today, the company is the largest railroad freight and tank car manufacturer. Just how did National Steel Car turn around its fortunes? To most people, the simple Answer is Gregory James Aziz.
National Steel Car was acquired by National Industries Inc., a company owned by Gregory J Aziz, in 1994. Gregory subsequently became the Chairman, President, and CEO of National Steel Car. Through his visionary leadership, National Steel Car increased the number of cars it produced annually from 3,500 to 12,500 within a few years. This raises the question of what made Greg Aziz special such that he could turn the fortunes of an ailing company. This may be answered by looking at his autobiography.
Gregory James Aziz was born on April 30, 1949 in London, Ontario. Aziz pursued his college education in Ridley College, St. Catharines, Ontario, Canada. He thereafter joined the University of Western Ontario (UWO), London, Ontario, Canada. James Aziz was being groomed to take over the family business, Affiliated Foods. In 1971, soon after completing his university education, Greg Aziz joined Affiliated Foods.
Gregory Aziz saw the potential that Affiliated Foods had. He aspired to make the company international, which would have provided it with huge growth potential. Gregory J Aziz was determined to make a move beyond the Canadian borders and make Affiliated Foods one of the largest importers of fresh foods in the globe. By the time Greg Aziz left Affiliated Foods, it had expanded its distribution network across North America. The company imported fresh foods from Europe, Central America, and South America.
Greg Aziz quit Affiliated Foods in the late 1980s and moved to New York where he worked as an investment banker. In 1994, Greg saw the opportunity to purchase National Steel Car from Dofasco. After the purchase, National Steel Car became a subsidiary of National Industries Inc., a company owned by Greg Aziz. Greg Aziz became the Chairman, President, and CEO of National Steel Car.
After assuming the leadership of National Steel Car, Aziz implemented measures that reduced the inefficiencies and increased the productivity of National Car. Greg Aziz appreciated the rich history of National Steel Car. Therefore, he was not contented with making National Steel Car one of the largest railroad car engineering and manufacturing company in Canada. He wanted National Steel Car to become one of the largest railroad car engineering and manufacturing company in the world. Go Here for additional information.
Currently, it is the largest railroad car engineering and manufacturing company in North America, which shows that Greg Aziz is on his way towards achieving his goal.