Through the years, businesses experience several changes. Some are getting a new milestone, and some are not able to highlight it; some are evolving, and some are setting back; some manages to make a comeback, while some vanish into oblivion. The National Steel Car is a company that exhibits the character of resiliency, being able to get through several challenges throughout their 100-year existence. The company was established in Hamilton, Ontario by a group of wealthy investors in the year 1912 under the name Imperial Steel Car, and by the next five years, the business will experience a boost in their sales of rolling stocks.
The early years of the 1920s would later be known as their golden age because the business prospers and so many companies are extending their arms to become partners with the National Steel Car. The company is also experienced order shortages because they could no longer accommodate new orders from their clients. This period in the history of the National Steel Car has solidified their foundation in the industry, and it helped them endure the Great Depression which has crippled a lot of businesses in the United States.
When Dofasco took over in 1962, the National Steel Car has already exhibited traits of a company that is slowly getting back on track. However, the steel-makers have seen a possible collapse in the rolling stock industry, and as a precautionary measure, they sold the National Steel Car to businessman and entrepreneur Gregory James Aziz.
He served as the president, chairman, and CEO of the National Steel Car, and through his extensive knowledge and skills on how to properly handle the business, the National Steel Car managed to get back on track and became one of the most competitive and profitable Canadian companies to date. The National Steel Car also increased the number of rolling stock production, allowing them to export more products overseas. Click Here to learn more.
The United States is where most of their products end up, and American transport companies are using each rolling stock for freight or passenger transport. According to Gregory J Aziz, many American companies wanted to get hold of their products because of its high quality and positive reputation in the market. This year, Gregory J Aziz stated that he is looking for more business partners, and it is the reason why he keeps an open contact to transportation firms in Europe and Asia because they might be interested in getting a unit from the National Steel Car in the future.
Learn More: https://www.crunchbase.com/person/gregory-aziz