Railroads have always been a lucrative business in North America for the past century. However, with trucking companies and alternative forms of transportation coming about, the railroads have lost some business in recent decades. This has hurt not only the railroads but companies like National Steel Car that supply these railroads with the equipment and rolling stock they need to function. Luckily, there are investors and businessmen like Gregory James Aziz that have the ability to completely change the company and bring them back to their prime.
National Steel Car was formed in 1912, and it had nearly 100 years of service to the industry. Focusing primarily on manufacturing freight cars for trains, this Company was able to ride out the great depression and go through several ownership changes. However, when customers started to change their methods of transporting goods to trucks instead of trains, NSC felt it, and sales dropped off steadily. Gregory J Aziz new that the Company would have to change its methods if it was going to succeed.
Gregory J. Aziz purchased National Steel Car in 1994. He had recently left a food distribution company that he managed to bring to the international spotlight, increasing sales and distribution around the globe, and he wanted to bring this success to NSC. Aziz did a top-to-bottom overhaul of the company. Visit This Page for related information.
He first used his knowledge of business strategy to find what it was about NSC that attracted customers. He found that engineering needed to be highlighted and new talent needed to be brought in to create high-quality and long-lasting cars for customers. He also found that capacity would need to be improved if they ever wanted to compete in the industry. With this renewed focus, Gregory J Aziz was able to bring in several new customers all over North America, and he hired over 2,000 additional employees to help out with the increased demand. New capital projects were started and soon the production capacity of the plant was increased to over 12,000 railcars per year.
All of these changes turned the business around. Because of Greg Aziz, National Steel Car is now one of the only rolling stock companies left in North America. They have contracts with all of the major railroads and continue to bring high-quality and safe products to the market. National Steel Car also consistently wins quality awards and brings in over $200 million per year in sales. If there ever was a rag to riches story, this is it. The company is a certified ISO 9001:2008.