National Steel Car: Transforming the Canadian Railways

The National Steel Car is a Canadian company manufacturing rolling stocks or train cars. They were established in 1912 by a group of investors when the demand for locomotive transport rose. Today, the National Steel Car is known as the largest producer of rolling stocks in Canada. The company’s headquarters can be found in the city of Hamilton, Ontario, and they are consistently being named as the top rolling stock manufacturer throughout its history. The company is now running strong more than 100 years after its establishment, and they continue dominating the rolling stock manufacturing industry. All of it became possible because of the efforts of Gregory James Aziz (also known as Greg Aziz), who is serving as the current chairman and CEO of the National Steel Car.

 

Long before being named as the largest rolling stock manufacturer in Canada, the National Steel Car experienced several changes throughout its lifetime. The company has to face all kinds of challenges along the way, and success was not easy. After its establishment in 1912, the National Steel Car was invested upon by wealthy businessmen who have seen a bright future for the rolling stock manufacturing industry. The bulk of orders soon came, and after a year of operations, the National Steel Car grew tremendously. The investors never expected the company to proliferate, and they were encouraged to invest more. Orders have reached an all-time high, and business is good for the National Steel Car. More clients have partnered with them, including the Canadian Pacific Railway, the Canadian Northern Railway, and even the Canadian Government. Rolling stocks are needed as the Trans-Canadian Railway will be finished soon, and the rail companies need additional train cars for the transport of passengers, goods, and services.

 

However, the greatest challenge that the National Steel Car faced was when the world plunged into an economic meltdown in the 1930s known as The Great Depression. It minimized the company’s operations, and the company was on the face of bankruptcy. Not until the Second World War took place, and they were hired to manufacture war vehicles and war machines. The National Steel Car managed to recover their losses through their war efforts, and the company bounced back. In 1962, the company was purchased by a Canadian steel company, and their performance went down. It was saved by Gregory James Aziz in 1994 and promised that he would revert the company to its glorious days.

Today, the National Steel Car enjoys the leadership under Gregory James Aziz, and they have produced more rolling stocks per year, amounting up to 12,500 units. The number of employees also increased, signifying that the company is alive and kicking. See This Article for additional info.