National Steel Car: Canada’s Pride

National Steel Car, a company based in Hamilton, Ontario, is the largest manufacturer of rolling stocks or train cars in Canada. The company was established in the early 1900s and has consistently belonged to the top three leading rolling stock manufacturers in the country. Today, the National Steel Car is known to be a division of the National Industries, Inc., and it is being led by Gregory James Aziz, also known as Greg Aziz. Gregory J Aziz is currently serving as the company’s chairman and chief executive officer.

 

The company was founded by John Morison Gibson and other investors in 1912. They wanted to become the largest rolling stock manufacturer in Canada, so the group of investors purchased a warehouse in Hamilton and started to build their plant. National Steel Car experienced tremendous growth during their first few years, and reach a record number of orders one year after their establishment. Several private companies started to order rolling stocks from the National Steel Car, and their business boomed until the 1930s. When the Great Depression hit, orders reached an all-time low, and the National Steel Car is threatened by bankruptcy. They have to resort in manufacturing additional vehicles and machines aside from rolling stocks, and when the Second World War erupted, the National Steel Car volunteered to build war machines and war vehicles.

 

They managed to bounce back after the war, and the rolling stocks that they are building started to be exported outside Canada, particularly in the United States. Dofasco, a steel manufacturing Canadian company, purchased the National Steel Car in the early 1960s, but the company suffered poor management, forcing the owners to sell the National Steel Car to someone who can run the business with confidence and a bright outlook in the market. Gregory James Aziz purchased the company and did his best to put it back on track. Go Here for related information.

 

Despite the sacrifices and the hardships that Greg Aziz has to experience, he managed to increase the company’s revenue in just a short period. They also have to hire additional employees because the number of orders is growing. Today, the National Steel Car manufactures over 12,500 train cars every year. They have become a Canadian icon and considered to be one of the last rolling stock manufacturers in the country. Currently, they have some clients coming primarily from the United States, purchasing train cars for travel and shipment.

 

View Also: https://remote.com/greg-aziz

Leave a Reply

Your email address will not be published. Required fields are marked *