In 1994, one section of the railroad industry went through a major restructuring. For years, the railroads had been in decline, giving way to other forms of transportation that offered more destinations and pickup locations for customers, as well as promises of faster and more efficient deliveries. This hurt the railroads that had been forming the backbone of North America for years. Luckily, in 1994, Gregory J Aziz, a prominent businessman and investor, made a huge change and brought one company back from the brink of destruction.
Greg Aziz had been interested in business ever since he graduated from the University of Western Ontario. Born and raised in Canada, he was always aware of the importance that the railroads played, and he knew that he would one day become an integral part of that industry. He started his business career, however, in the food industry at a company his family owned.
Not knowing what to expect, his colleagues were blown away when they discovered the talent that Gregory J. Aziz brought to the table. He managed to work with new suppliers and customers for Affiliated Foods, expanding the distribution network of the Company from central Canada into the United States. He even helped the company expand their network into Europe and South America, importing more highly-sought-after foods than ever before. He truly was a Master of Business. After spending some time investing his money and saving up, he wanted a new challenge. Gregory J Aziz thought back to his days interested in the railroads and decided that he would purchase National Steel Car in 1994.
National Steel Car had been around for almost a century. The Company focused on the manufacturing of several different types of rolling stock for trains, including tanker cars, boxcars, hoppers, and coal cars. Recently, however, the company had been in a decline along with the rest of the railroad industry. Greg Aziz brought them back. He instituted a policy of hiring more and increasing cash flow to capital projects. He used his business acumen to secure more customers and cheaper materials, while concurrently focusing on the core strength of what made National Steel Car so great in the past: engineering talent.
Under his leadership, the revenues of National Steel Car grew to over $200 million each year. With the new employees and capital projects, production capacity grew over 300 percent, and the labor force at the Company went from just 600 workers to over 3,000. This just goes to show that Greg Aziz is capable of bringing even a dying industry back from the dead due to his amazing skill in business and ability to manage. View Additional Info Here.