One would not talk about the success of National Steel Car without mentioning Gregory James Aziz’s contribution towards making the corporation great. The company is one of the major railroad freight and car manufacturing companies globally. It was established in 1912 and is situated in Hamilton, Ontario. It is a subsidiary of the National Industries Inc. and is headed by Greg J Aziz. Click Here for more information.
The history of National Steel Industries
The corporation was founded by many investors led by Sir John Morison Gibson. Basil Magor was tasked with leading the National Steel Car project. When the newly established plant in Ontario became functional, Magor became the general manager of National Steel Car Company Limited. During the firm’s first few years, it surpassed the expectations of the investors.
The firm began manufacturing in 1913, just when the Canadian rolling stock orders were at its peak. Considering the perfect timing, the company received a significant number of car box orders from the Canadian Pacific Railway and an array of other orders from Canadian Northern railway. In 1991, Robert Magor and Donald Symington (of Magor Car Corp and Baltimore respectively) submitted an offer to the company which the other investors agreed to. It was renamed the National Steel Car Corporation Limited under new management.
Business was good, and the National Steel Car was doing great until the depression period during the 1930s. During this time, the company was doing badly regarding diversity as compared to its competitors. At some point, it opted to produce bus bodies, motor trucks, and outboard motor boats. World war two renewed its strength, and the company has been doing well ever since.
In 1962, Dofasco bought the National Steel Car. The company was to decline later, forcing Dofasco to give up its control. Hamilton Corporation National Industries, owned by Greg Aziz, bought the firm in 1994. Being the good manager he is, Greg was able to increase the production capacity from 3,500 to 12,500 rail cars annually and grow the workforce from 500 to 3000 employees by the year 2000.
Gregory James Aziz philanthropy
Through the National Steel Car Corporation, Greg has been able to sponsor many philanthropic activities, especially within the Hamilton community. They include the Theatre Aquarius, the united way, the Hamilton opera, the Salvation Army and other local charities. They also hold a Christmas party annually where the past and present employees come together to celebrate the company’s achievement. James Aziz and his wife Irene sponsor the Royal Agricultural Winter Fair, which is Canada’s most prominent agricultural fair.