NSC CEO Greg Aziz The Man To Watch

The current Chairman and CEO of National Steel Car, Greg Aziz is a world-renowned and a highly respected business leader. He has guided his company to 13 consecutive wins of the coveted prestigious TTX SECO Awards, and he is also responsible for the awarding of an ISO certification that made NSC the only company of its kind to hold this kind of honor.

Having spent 16 years at his father’s company, Affiliated Foods, which he helped grow to a global leader in food imports with supply chains all across Europe and Northern America, Greg Aziz moved to New York. In the Big Apple, he dabbled in investment banking where he not only successfully expanded his clients’ interests; he also grew his portfolio for the better part of a decade.

Not satisfied with working for others, he took a gamble, and in 1994 he returned to Ontario and bought National Steel Car from Dofasco. At the time, the railcar manufacturer was in a crisis, with legal action and hefty fines contributed by the company’s tendency to focus on low-cost and obsolete technologies. From a measly 3,500 units, Greg Aziz increased the annual production capacity to an incredible 12,500 units, to sustain this growth; the company hired additional 2,000 employees up from a pitiable workforce of 500.

By concentrating on engineering, National Steel Car was able to produce cost-effective railcars that are considered some of the safest freight cars in the world. With innovation and introduction of modular cars that were easily customizable according to client needs catapulted NSC to the top. Currently, the company is considered the largest rolling stock manufacturer not only in Canada but across Northern America. Get Related Information Here.

 

Away from business, National Steel Car is deeply involved in the community welfare of the people of Hamilton where their headquarters are located. The company is a primary sponsor of the Hamilton Opera, the theatre Aquarius and also the Salvation Army. The equestrian community in Hamilton is also big beneficiaries of the philanthropy of the Aziz Family who have sponsored several classes at the Royal Winter Fair Horseshow.

 

With the recent orders from CN Rail, the future of National Steel Car is only getting better and with the wise leadership of its current CEO, the company is set to rise to even greater heights. Outside of the executive office, Gregory Aziz is a father and husband. His wife Irene and their daughters Natalie and Karina reside live in Toronto Canada.

 

See: http://gregaziz1.strikingly.com/

Tracking Businessman Greg Aziz Through Career

1Having been born in 1949 in Ontario, Canada, Gregory James Aziz is a native. Before his life at National Steel Car, which he has guided to the next level, the down to earth business leader first worked with the family business, Affiliated Foods. After earning a degree in Economics from the University of Western Ontario, he went to work at his father’s food distribution company. For sixteen years, he brought changes into the business. First, he got suppliers from Europe and South America; then he introduced exotic foods to the groups’ portfolio. It was while working here that his family realized that he was a businessman to be reckoned with.

 

New York was his next stop, where he dabbled in investment banking and for ten years, he found ways to invest both his clients’ and his portfolios. In 1994, Gregory J Aziz went all out and bought National Steel Car, a rolling stock and railroad car manufacturer based in Hamilton, Ontario, his home. At the time, the company was experiencing a crisis, and it had changed hands so many times that it had stagnated. The railcar business, in general, was also facing a bleak time. Not only was the company suffering losses, but it was also fighting off legal actions, and fines from regulatory bodies that had it on its knees. Refer to This Article to learn more.

 

Gregory J. Aziz had to find a way to turn the fortunes of the company around. He first changed the earlier culture of putting the focus on low-cost production, which was the main cause of the lawsuits and fines. He directed funds into National Steel Car and made massive investments in capital projects and this raised the production capacity. This translated into two thousand new jobs with the focus shifting to engineering, safety standards were raised, and the balance with cost-effectiveness was achieved.

 

Having turned around the failing corporation, it was now time to start working on new orders, thanks to the efforts of Gregory J Aziz, National Steel Car recently received an order of 350 new lumber cars from CN Rail. The new seventy-foot plus cars are to be manufactured locally in Hamilton with deliveries expected to begin as early as September and close by the end of the year. There were hints that there might be a possibility of acquisition or leasing of more cars with load capacities in excess of 100 tones. The vehicles are being sought to help meet a demand for forest products that have been growing across North America.

 

Learn More: https://www.crunchbase.com/person/gregory-aziz