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Gregory Aziz’s Efforts To Revive National Steel Car Bears Fruits

Gregory J Aziz is the chairman and chief executive officer of the National steel car. National Steel car is a Canadian engineering and manufacturing corporation that deals with the manufacture of tank cars and railroad freight cars. It is the biggest manufacturer in the North America region. The company not only manufactures. The process involves three crucial stages of product development. They design, engineer and manufacture the products. National steel car has been operational for more than one hundred years. It was started in 1912. The first investors in the corporation were, Sir John Morison and Basil Magor of Magor Car Corporation. The corporation was under the National Industries Inc.

 

 

National steel car was very successful in the first few years of operations. NSC was formed at a time when the business was booming with orders from all over. Big railways corporations were in the process of setting up their systems and demand for products was high. National Steel Car got huge orders from Canadian Pacific Railways and Canadian Northern Railways. These orders made the corporation start on a high and never faced the challenges of startup businesses. In 1919, the corporation was privatized and changed the name to National Steel Car Corporation Limited.

 

 

The good performance of National Steel Car would continue through the first two decades with no glitch. Challenges would be met in the 1930s. There was huge economic depression which affected business in the manufacturing sector. National Steel Car had not diversified its operations and was found off guard by the economic crisis. The corporation had concentrated on one line of business, and that meant, when the orders are down, the company would be faced with the challenge of sustainable operations. Faced with a shortage of orders, the company had to find alternative means of staying in the game. They came up with a decision to manufacture motor boards and bus bodies. Refer to This Web Page for More Info.

 

 

Greg Aziz

 

In 1994, the corporation was facing a risk of closing down due to a shortage of orders. The company needed an urgent change of leadership. Greg J Aziz then, working in the investment banking sector bought the company with the aim of transforming its operations and once more making it the best corporation in the region. He bought National Steel Car from Dofasco.

 

Gregory J Aziz pumped money into the corporation. He changed the production systems of the corporation, and within a few years, National Steel Car was booming with activities. The production rate had gone up and was doing more than twelve thousand annually all the way down from 3500 when he took over.

Source: https://www.steelcar.com/

Philanthropist, Banker and Food Expert-Greg Aziz

 

He did not begin his career in the car industry, instead of after his graduation from Ridley College as well as University of Western Ontario for his Degree in Economic. After his graduation, Gregory James Aziz joined a family food business, Affiliated Foods where he served for an extended period. After his career in the food business, Greg went to serve in the financial and banking industry between late 80’s and early 90’s. Mr. Greg was determined to achieve in his life and during his tenure in the family business he took the organization to higher heights, and the company expanded to distribute their services as well as products to Eastern Canada and the United States of America.

 

Gregory J. Aziz was born in London, and in the 1990’s he moved to the United States of America to look for a job in the banking and the financial industry. While working in the banking sector, he was given a responsibility of serving in the development and the strategy department. While still working in the industry, Greg got an opportunity to purchase a car industry known as Dofasco, and when he took over the management of the organization, he changed the name of the car firm to National Steel Car. A go-getter in nature and a lover of cars and freight, Greg Aziz altered the face of the car company in a new way. A firm which only hired about 600 staff members would end up recruiting over 3000 members. The manufacturing of the group also increased, and Greg was able to raise the number of cars that were being manufactured per year. Previously the National Steel was manufacturing about 3500 vehicles but after he took over the management they were now manufacturing about 120000 cars. Go To Their Page Here.

 

James Aziz is the Chief Executive Officer of the freight company which has turned into a leader in car manufacture and engineering in the United States of America. Aziz values his clients and has been working towards ensuring that he meets and even exceeds their demand in the car market. He does not attribute the success of the car group to himself or even his interest instead he prides the victory and the achievement of the firm to dedicated team which has been on the forefront to ensure that the business is on the move with new models as well as the development of the cars. Greg is also a humanitarian who together with his wife Irene have been sponsoring various organizations including; the Royal Agriculture Winter Fair among others.

Louis Chenevert: A Legendary Icon in Leadership

Louis Chenevert is the former CEO of the United Technologies Corporation. When he led UTC, Chenevert believed clever investments are what gave companies power and success. Under Chenevert’s leadership, UTC took a risk in investing in their employees during an economic recession. However, calling it a success would be an understatement. The program has provided 39,000 employees degrees from the scholarships acquired. This is an incredibly generous offer, giving people access to education.

Chenevert did not just think about the short-term, but the long-term as well. This contributed significantly to the company’s success. He worked tirelessly from the time he had joined UTC in 1993, and his efforts couldn’t have been more rewarding in 2006 when he was appointed CEO. He drove the company to glory beating powerful industries that had been ahead of him as he claimed a higher position.

Born in Quebec in the year 1957, Chenevert’s childhood was like any other. He wanted to make something better for himself and sought education as his way in. He attended HEC Montreal acquiring a bachelor’s degree in production management.

His career at UTC molded him to what he is today, handing him popularity among other companies and establishing him as a role model in the aviation industry. His thriving had begun with his remarkable skills and intelligence which he had put to practice in his department that had earned a huge profit. He had managed to impress the company in the gains his investments had made.

Chenevert proved his flexibility when he had the aerospace engineers moved to save the company resources and put their skills to credible use. Chenevert is proud of the results his efforts have brought about, and he continues to inspire.