National Steel Car has been rising as a leader in its line of work under the leadership of Greg James Aziz who bought the corporation about 26 years ago. The company is a manufacturer of railroad transportation such as freight cars. National Steel Car still stands where it was first conceived more than one hundred years ago in Hamilton, Ontario in Canada. It was established by a few investors who believed that they could bring something revolutionary to the table.
Founded as Imperial Steel Car Inc., the National Steel Car company was a hit from the start. After it had launched its first product, several investors wanted to back up the corporation, and National Steel Car took off to the top. The company fast became a leader in its line f work and started expanding to producing thousands of freight cars and hiring thousands of people as well. Some years later, however, the Great Depression ruined many companies and some just barely managed to survive.
The Great Depression was the first difficulty that the National Steel Car had ever faced, and it barely managed to go through it. The clients stopped making orders, and National Steel Car did not have enough work to sustain the proportions of the company or its workforce. As a result, many people were left unemployed, and National Steel Car had to start manufacturing anything just to stay above water. Read This Article for additional information.
The business started going well again for National Steel Car with the outbreak of the Second World War as the orders for railroad freight cars started rolling in fast. The business could expand its ranks again and assume its place as a leader once again. The prosperity for the company did not last after the end of the war, and the orders started slowing down and eventually reached a plateau. The company had increased in employees quite a lot during the war, and it was necessary to tighten its ranks again.
The former owner of the company was the company of Dofasco. After more than a decade of ownership, Dofasco had given up on National Steel Car and sold it off. The current owner is Gregory J Aziz who has expanded the business significantly, and National Steel Car is now an international business working with clients from the USA as well.
Gregory J Aziz started reviving the business from the get-go and brought major changes to the National Steel Car such as involvement in the community of Hamilton, Ontario.