Since the time in 1912 that National Steel Car it has faced the challenges but they have managed to rise above all of them. The growth of the company it got experienced a few years later after it was founded and that is in the 1920s. After the company struggled so much to get out of the threat of bankruptcy it had to be sold. In 1960, Dofasco purchased the National Steel Car, but that did not help because they didn’t grow but remained stagnant. After a while, Dofasco had to sale the company, and that’s when Gregory James Aziz bought the company. Gregory Aziz is offering his services to the company as the chief executive officer, chairman, and president.
In London, Ontario becomes the businessman and entrepreneur, and before he became the owner of National Steel Car, he offered his services to other companies. He got his college education from Ridley College and the degree in economics that he got from the University of Western Ontario. After graduation, Gregory James Aziz didn’t look for work but be decided that he was going to help his family in the family-owned business. With the knowledge that he had gained in university, he oversaw the expansion of the company, and they grew to become the exporters of products all over Europe and South America.
After a while, he felt that the family-owned business was not fulfilling and he left to work at a different company. That’s when he joined the financial institution that he worked so hard to ensure that in the executive ladder he was at the top. During his term at the financial institution he made a lot of money, and with that, he saved too so that to have enough to spend on the business plan he was thinking off. After he saw the post that National Steel Car was being sold he thought hard about buying the company and he finally decided it was a good idea. View Related Info Here.
The ownership was transferred after they were done with all the paperwork. The priority that Gregory James Aziz had was that he would be able to retain the employees and help them see that working was only benefiting them at the end. Greg Aziz later had to raise the number of employee’s, and he added 2000 more to 1000 that he had. With that annually, the company was producing the 12.500 rolling stocks.