When it Comes to Locomotive Manufacturing, National Steel Car is the Answer

A Canada based company named, National Steel Car is considered as one of the biggest train cars manufacturers in the country. The headquarters of the company is located in Hamilton Ontario. The company has been one of the top 3 locomotive manufacturers since the very beginning.

 

The company, National Steel Car started back in the year 1912, and it still is going strong. The main man behind this huge domination and success of this company is a man named, Gregory James Aziz. He is most commonly known as Greg Aziz. Mr. Gregory is currently serving as the CEO and the chairman of the company.

 

The giant company, National Steel Car has gone through a lot of changes throughout the years. It got famous very quickly as it impressed everyone in the locomotive industry. A lot of investors were impressed by the performance of the company in its early years. The demand in rolling stocks production got very high after the company was established. The company received the highest amount of order in the year 1913.

 

The Canadian Northern Railway and the Canadian Pacific Railway were considered the largest clients of the company. These clients ordered the production of rolling stocks that were needed in the construction of the Trans Canadian Railway project. The company was going very good regarding business, but then it saw a decline after the Great Depression. The number of orders started to decline. The company was forced into manufacturing other products and not the rolling stocks.

 

The company started to get back in the business during the World War II days, and after that, they never went out of business. National Steel Car was acquired by a Canada based company named Dofasco in the year 1962. But they had to part ways when they came to know about the company’s decline in business.

 

Mr. Gregory Aziz took over National Steel Car in the year 1994. He was determined to take this company to the success heights once again. And this is exactly what Mr. Gregory did. He had a very positive influence on the company, and it started to perform efficiently again.

 

The company gave jobs to more than 2000 people. The production rate of the company was increasing every day. They were able to manufacture more than 12,000 train cars every year. Before, their production capacity was only 3,500 train cars per year.

 

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The Story of Gregory James Aziz, an Investor and a Philanthropist

Gregory James Aziz, or simply known as Greg, holds the position of the Chief Executive Officer of National Industries, Inc. he is also the President and the Chairman of National Steel Car Limited, which is among the leading railroad freight car manufacturing companies in the world. The National Steel Car is located in Hamilton, Ontario. Gregory J Aziz is a native of London, Ontario, where he was born on April 30, 1949. He went to Ridley College before proceeding to University of Western Ontario from where he majored in economics.

 

James Aziz first ventured into business in 1971 when he joined Affiliated Foods, a wholesale family business dealing in foods. In a period of 16 years, this company grew so that it became a major fresh foods importer from all over the world mainly from Central and South America and Europe. It also managed to conquer a wider market over the 16-year period where it became a major distributor of fresh foods to various wholesale markets in different parts of the United States and Eastern Canada.

 

Spending most of his time in New York from late 1980s to early 1990s, Greg Aziz worked on various investment banking opportunities. In 1994, he successfully negotiated and purchased the National Steel Car formerly owned by Dofasco. After purchasing it, he set out to transform this great Canadian company into the leading manufacturer of railroad freight cars in the whole of North America. Go to This Page.

 

The company managed to expand its manufacturing capability to 12,000 cars from 3,500 cars between 1994 and 1999. The growth was made possible by the emphasis on team-building, the company’s strong engineering capabilities and substantial human and capital investment. In less than a decade from when National Steel Car was purchased by Gregory J Aziz, employment grew five-fold from about 600 to nearly 3,000.

 

National Steel Car and Greg are involved in a myriad of charitable activities. The company is committed to helping the members of Hamilton community where it sponsors the Hamilton Opera, the Salvation Army, Theatre Aquarius, the United Way just to name a few. The employees of this company, both the past and the present, are always treated to a Christmas Party yearly and they also take part in the major food drive for the local food banks which is organized by the National Steel Car. Together with his wife Irene Greg Aziz sponsors the Royal Agricultural Winter Fair, which is the most popular agricultural fair in Canada.

 

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National Steel Car’s Greg James Aziz Builds The Historic Company Into A Major Success

 Gregory James Aziz is perhaps one of the most successful business people in North America after proving himself an expert capable of transcending a single industrial sector to achieve success in many different areas of industry across a career taking in more than four decades. Greg J Aziz has reached international business success as the Chair, President, and CEO of the National Steel Car brand, but the man born in London, Ontario had already achieved much in a career that took him to some of the world’s leading financial institutions and North America’s largest fresh food importer.

 

The National Steel Car brand was created in 1912 as the Imperial Steel Car brand and achieved great success at the height of the expansion of the railways across North America in the early days of the 20th-century; by 2004, the National Steel Car brand was in need of assistance after it had fallen to the level of having just under 600 employees and produced only 3,000 freight cars each year. After buying the National Steel Car brand, Gregory J Aziz made sure the history of the brand was honored as he sought to develop new products and technologies that exceed government based standards in North America and ensure the customers of the company are more than happy with their new freight cars when delivered.

 

Among the ways Greg Aziz ensures the history of the National Steel Car brand is honored as he leads the company into one of its most profitable periods in its lifespan is by involving former members of the company in its annual events. Each year the National Steel Car Holidays Party is attended by its current roster of more than 3,000 employees currently working for the company who are joined by former employees who are honored for their work at these events.

The local community of Ontario, Canada have benefitted to a great extent from the recent success of the National Steel Car brand and Greg James Aziz who have become major sponsors of a number of community events in the region. National Steel Car invites current and former employees to take part in its annual food drives to benefit local food banks providing assistance for the less fortunate in the community.

 

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Gregory Aziz Transformative Effect on National Steel Car

Located in Hamilton Ontario, National Steel Car is one of the leading railroad freight car manufacturing and engineering companies in the world. Gregory James Aziz sits at the helm of this mega company, serving as the president, chairman, and chief executive officer. The 68-year-old was born in Ontario in April of 1949 and went on graduate from the Ridley College before pursuing a degree in Economics from the University of Western Ontario. Gregory J Aziz went to join Affiliated Foods, his family’s wholesale food business in 1971where he gained invaluable management experience which he has used in to grow his career to this very day.

 

Greg James Aziz would leave Affiliated Foods several years later to pursue a career in investment banking, pursuing several opportunities in the field in New York between the late 1980s and the early 1990s. In 1994, he would go on to organize and actualize the buying of National Steel Car from Dofasco. The inspiration behind this major purchase was a great desire to transform the former Canadian giant into a leading freight car manufacturer in the North American market. James Aziz was quick to take advantage of the company’s team building and engineering capacity and to combine this with extensive human and capital investments to increase its manufacturing capability from just 3,500 freight cars per year to 12,000 vehicles by 1999, over four times over. The employment rate in the company also grew five times over from just 600 employees at the date of purchase to 3,000 by 1999. Read More.

 

Thanks to the impeccable management and leadership skills of Greg Aziz and the company’s tireless pursuit of manufacturing and engineering excellence. National Steel Car has become a world leader in freight car manufacturing and engineering and has been involved in the production of many thousands of new railroad freight cars every year since it was purchased from Dofasco. It is currently the only certified ISO 9001:2008 transportation manufacturing company in the entire North American region, an honor it has held consistently over the past 18 years through regular recertification. It has also always been honored with the TTX SECO highest quality award since 1996 to this very date. Under the able leadership of Greg Aziz, National Steel Car has been involved in several corporate social responsibility programs in the Hamilton community such as sponsoring the United Way, Theatre Aquarius, the Salvation Army, the Hamilton Opera and many other charities within the community.

 

 

 

 

 

 

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Anthony Petrello’s Long, Distinguished Career With Nabors Industries

President, CEO and Chairman of the Board Anthony Petrello started his career with Nabors Industries in 1991, after previously working as a managing partner at the Manhattan law firm of Baker & McKenzie in New York. First elected to the Nabors Board of Directors, Tony Petrello became deputy chair in 2003, and in 2011, he was elected president and CEO of the company. Finally, in 2012, Petrello was elected to chair the board as well.

Petrello’s 2015 income of more than $27 million reflects his responsibility for leading Nabors, a global land-based drilling rig operator, in a highly competitive industry. His salary is tied to meeting operational and financial objectives and Petrello is rewarded for increasing shareholder value. Nabors offers drilling equipment and software, drilling and measurement systems and well site services as well and the company has a presence in almost all of the world’s top oil and gas producing regions. The board and Nabors’ investors are pleased with Petrello’s performance; the board renewed his 2009 employment contract for another five years well before it expired. In addition, Petrello serves as a director of oilfield equipment manufacturer Stewart & Stevenson and Hilcorp Energy Company.

Newark, New Jersey native Tony Petrello earned M.S. degrees in mathematics from Yale University; his former college roommate called him brilliant, with a promising career as an academic and a favorite of Professor Serge Lang. Instead, Petrello chose to attend Harvard Law School, where he earned his J.D. degree.

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One of Petrello’s duties is a labor of love; he sits on the Board of Trustees of Texas Children’s Hospital. When Petrello and his wife Cynthia, who was his college sweetheart, had their baby girl in 1997, Carena was born prematurely and she developed cerebral palsy. After seeking help for Carena when she could not speak or feed herself any longer, Petrello realized that few researchers studied childhood neurological diseases, research focused on adult brain disorders. To spur research, he donated $7 million to the Texas Children’s Hospital in 2006 toward the founding of the hospital’s new Jan and Dan Duncan Neurological Research Institute.

Today, Petrello is a well-respected philanthropist. He and his wife founded the Petrello Family Foundation in 2001 to support the arts, health care and human service organizations in the Houston community, including the Assistance League of Houston, Crohn’s & Colitis Foundation of America and The Lazarus House. In 2011, Tony and Cynthia Petrello were the joint recipients of the Smithsonian’s Woodrow Wilson Award for Public Service.

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