Category: Railroad

GREGORY AZIZ TREMENDOUS TRANSFORMATION OF THE NATIONAL STEEL CAR COMPANY

1Gregory James Aziz is one of the most recognizable business leaders in the whole of North America. He is the current chairman, president and chief operating officer of National Steel Car Company. Gregory J Aziz has transformed the company into the leading engineering and manufacturing company dealing with railroad freight cars in and out of North America’s domain. He acquired National Steel Car from Dofasco in 1994 and set out to transform it to its former glory days.

 

James Aziz early career days and forays into the business world saw him join his family food business, Affiliated foods right after graduation. His time with Affiliated Foods was auspicious as it was able to expand its market domain becoming the leading importer of fresh foods from markets abroad. Afterward, he proceeded to work in the investment banking sector within New York serving in different capacities. All these experience served to help him purchase and manage National Steel Car.

 

The growth of National Steel Car has been nothing short of tremendous as it has grown by leaps and bounds. Greg placed great emphasis in on the engineering, team building, and employee management. These three aspects have played a crucial role in getting the company to where it is at the moment. The massive investment Greg put in the company saw it grow its production to over 10,000 units down from just 3000 units. The company’s staff number also increased sharply from 600 to over 2500.

 

Away from management, Gregory Aziz has also been primarily involved in Philanthropy and community build ups where has supported various groups and charities including the Salvation Army, United way and Hamilton Opera among others. He together with his wife sponsor the Royal Agricultural Winter Fair one of Canada’s leading and biggest agricultural fairs.

 

Gregory Aziz was born in London, Ontario in 1949 and attended Ridley College before joining the University of Western Ontario to study Economics. At the moment, he resides with his wife and two daughters in Toronto. See This Article for additional information.

 

In a nutshell, Gregory Aziz has managed to offer good leadership throughout something he says has helped him deliver. He also acknowledges the role of his employees in the company’s success.

 

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Business Strategist Gregory Aziz and National Steel Car

Business strategy is a hard thing to master. Not only do you have to know about the business and industry, but you also have to think of thousands of different possible outcomes that may result in the decisions you make. You also need to consider the effect of these decisions on several stakeholders, including the owners of the business, the employees, the customers, the suppliers, and many more. Because of all these different things to think about, there are only a few minds in business that have truly mastered this ability, and one of those people is Gregory James Aziz.

 

Gregory J. Aziz is currently the CEO and Chairman of National Steel Car, a railroad rolling stock manufacturer located in Hamilton, Ontario. Aziz has spent the greater part of his life picking companies up out of the mud and delivering them to places of great distinction in their respective industries. He has shown his ability time and time again of being able to work with the business environment to create a new strategy that enables the businesses to thrive.

 

1 When he purchased National Steel Car in 1994 under the name Imperial Steel Car, Greg Aziz did not know what he was getting himself into. The company had been around for nearly a century, but after going through several dips in the business due to the increase of trucking transportation over rail transportation, National Steel Car was not in a good place. Previous owners wanted to recoup their losses instead of trying to bring NSC back to life, so they stripped the company of capital and sold and resold it several times over. This created a messy internal structure and a company without the means to build railcars to the specifications needed by modern railroads. Aziz changed all of this.

 

Knowing that the industry now required more high-quality railcars less than low-cost railcars, Aziz put the focus of the company on engineering and design. Aziz knew that if he was able to deliver a few high-quality cars at a modest price to customers, he would be able to win several of them back and gain a new customer base. He also knew that this would open the door to more sales in farther parts of Canada, as well as gain recognition in the United States. This strategy worked, and National Steel Car is back on top in the industry.

 

Greg Aziz is one of those special people that are able to take something that seems like it is going to die and bring it back to life. His secret weapon is a well-manicured business strategy. Read This Article for additional information.