When Gregory James Aziz became CEO and president of National Steel Car, the once great steel car company was near collapse. Founded in 1912, the company was hit hard by the depression and was unable to recover its past glory until Gregory Aziz came on board to steer the company to new heights.
In 1994, he was fortunate to come across an investment opportunity of a lifetime that eventually culminated in him buying National Steel Car. By then, the company was a shell of the great railroad car manufacturing company it once was.
Greg James Aziz’s family owned Affiliated Foods, a fresh food import company, and he started working there in the early 1970s as a fresh food wholesaler. It was during this time he sharpened his business skills, which would prepare him for future challenges. Through hard work and successful strategies, the family was able to transform Affiliated Foods from a local company into a global industry. The food supplies company became the leader in North America and in Europe and South and Central America as well in less than 20 years.
When Greg Aziz purchased National Steel Car, it was with the idea of restoring the Canadian company to its former greatness. The veteran businessman understood the huge challenges that awaited him but went ahead undaunted. He immediately saw that innovation had stopped, and to revitalize National Steel Car, he would need to assemble a professional team of engineers and financial experts.
Once he had a top team, he began moving millions of dollars into research and development. Then he presented his engineers with a huge challenge. He wanted them to produce a car that was stronger, faster and produced fewer gas emissions than any car to date. The engineering department told him it wasn’t possible. He told them to try and that their jobs were at stake. In less than five years, the engineers produced a car that was capable of going twice as fast, twice as far and close to 100 percent more gas efficient. Get More Information Here.
This achievement would reap huge rewards when in 2012 the United States and Canada would pass rail industry environmental regulations. As soon as the laws were in effect, all other companies had travel restrictions, while his company could travel across the entire country. With his vision of excellence, Greg Aziz was the only one to see this coming.