National Steel Car: Surviving the Challenges from the Past

It cannot be denied that the National Steel Car is one of the most durable companies in Canada today. Gregory James Aziz presently manages the company, but before he got hold of the company, the National Steel Car faced several challenges, some of these have taken them on the brink of bankruptcy, but the company knew how to stand up and rebuild. The National Steel Car today is one of Canada’s fastest growing companies, thanks to the efforts of Gregory James Aziz in introducing the company to a larger market. He is also the reason why overseas companies are now starting to consider the rolling stocks made by the National Steel Car as their primary source for train cars.

 

 

The National Steel Car was founded more than one hundred years ago. Several investors wanted to know how they can benefit from the Trans-Canadian Railway Project that the government is spearheading. One of the brilliant members of the group suggested that a manufacturing plant for rolling stocks be built because it will become in demand in a few years’ time. The investors immediately constructed the National Steel Car, and their customers grew instantly in just a short period. The public has considered the early 1920s decade as the golden age of the National Steel Car.

 

 

However, due to the combined problems brought about why the Great Depression, two World Wars, and several stock market crashes, the management of the National Steel Car felt that it would be much better if the company closed down. However, one of the managers at the company stated that Dofasco is willing to purchase them. Dofasco is a steel producing company, and they purchased the National Steel Car in 1969. The new management overseeing the performance of the National Steel Car noticed that they would have a hard time making the company grow, so after keeping the company for 24 years, they decide to let it go. See This Page to learn more.

 

 

Gregory James Aziz is the new owner of the company, and he purchased the National Steel Car from Dofasco in 1994. Contrary to what Dofasco is thinking, the National Steel Car keeps on becoming the leading company in the field of rolling stock manufacturing. The National Steel Car has been transformed by the leadership of Gregory James Aziz, who believed that the company would be able to rise from its ashes and become a competitive company. The National Steel Car keeps on improving and innovating.

 

Related: http://www.lacartes.com/business/Greg-Aziz-National-Steel-Car/191944