The Tycoon of the Year: Gregory Aziz

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Only a handful of business tycoons come around in a lifetime, and many of us never really know they are here until they have passed on. Sure, we might hear about CEOs that are successful, but we rarely hear about the tycoons that have changed their industries. One of these tycoons that deserves recognition is Gregory James Aziz.

 

Gregory J. Aziz was born in Ontario and attended the University of Western Ontario, where he graduated with his degree in economics in 1971. After school, he was hired at his family’s food distribution company, Affiliated Foods, where he got his first taste of business. It soon became clear that Aziz had a knack for business and making strategic decisions. During his 16 years at the company, Greg Aziz singlehandedly brought in several new suppliers from South America and expanded distribution into the United States. Thanks to Aziz, Affiliated Foods became known across North America as one of the best distribution companies around. Just two decades before, Affiliated Foods was only known in Ontario.

Using this momentum, Aziz decided to become an investment banker and take a break from running a business for a while. After a few years, however, Aziz realized that business was where he belonged. Even though he had made a lucrative living in investment banking, it was not what he ultimately wanted to do. With his earnings from the past few years, Aziz purchased National Steel Car in 1994, where he installed himself as the CEO.

Once again, Greg Aziz was making excellent decisions for the company. National Steel Car hit a slump in the past several decades, and customers stopped purchasing railcars from this company because they were simply too low in quality to meet safety standards. Aziz revived the engineering department at the company and poured money into new capital projects to make the new designs a reality. He increased production capacity by nearly 300 percent and hired thousands of workers to help deal with this increased demand. Gregory Aziz also singlehanded went to railroads in the United States and created new and lucrative contracts, bringing National Steel Car’s business to an international level. Go To This Page for more information.

 

Now National Steel Car is one of the only rolling stock companies left in North America. It makes a profit every quarter, and it has earned quality awards for its production practices for the last 20 years. As long as Greg Aziz is at the helm of any business, his abilities as a leader will show through and the company will be sure to have a bright future.

 

Learn More: https://www.steelcar.com/Greg-Aziz-welcome