Gregory Aziz: Turning It Around With National Steel Car

 

A baby and a business have a lot in common. They both require the parents to put in a lot of love and nurturing at the beginning. They also need a lot of help before they are ready to stand on their own two feet. It can be very nerve racking to watch them grow up and even then, the parents fear that they will faith. While the analogies for these similarities could go on for days, the picture is quite clear. Businesses need someone that is willing to put in the time necessary to make sure that they grow into something profitable. The success of this business doesn’t just affect the founder, it changes the lives of the workers, community, and even national economy when companies are able to grow into a thriving testament of all their accomplishments.

 

Gregory James Aziz knew that he was getting into a lot when he took on National Steel Car. While he felt a desire to own the company from the very first time that he saw it, there were still substantial risks involved in taking on a company of its age and financial status. It was also a huge concern that the rail industry did not attract the same mass level of clients that it once had. Rather, the clientele for this community was limited and the competition was very fierce. Gregory Aziz took on this challenge knowing that he would have to use every trick in his closet to make National Steel Car competitive once again.

 

Quality was one of the ways that Greg Aziz wanted to ensure a victory over other manufacturers in his field. National Steel Car was one of only a few railway freight car manufacturers left in Canada. This company was meant to supply all North America with their products. The problem was that while Dofasco, the previous owner of National Steel Car, had been letting the company simmer on the back burner their competitors had strengthened. National Steel Car need a leader that understood the supply and demand of economics. Luckily Gregory Aziz held a degree in economics from the University of Western Ontario. He used that knowledge to completely turn the company around and now it is one of the best in the industry. National Steel Car began life in 1912 but it experienced an exuberant rebirth in 1994. The company has talented businessman Gregory Aziz to thank for that.

 

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