In 1912, a group of wealthy investors decided to establish the National Steel Car as their answer to the Trans-National Railway project of the Canadian Government. They wanted to build a company that would be able to use the rails that will be constructed under the extensive project of the government. The foundation of the National Steel Car became a signal on the dawn of the Canadian industry in rolling stock manufacturing.
During the first years of the operation of the newly formed company, many investors have seen its potential and they too, shelled some of their money to invest. As days pass by, more and more people are putting their investments with the National Steel Car, and the company managed to gather more investors that they have ever imagined. The number of orders for rolling stocks is also rising rapidly, and even the largest rail transport companies are contacting the National Steel Car to order their rolling stocks. It was a golden age for the National Steel Car, but the next chapters in the company’s history would turn dark.
During the 1930s, the world was plagued with a massive economic meltdown which resulted to the closure of thousands of businesses and companies around the globe. This event also caused the National Steel Car to be on the brink of bankruptcy. The owners of the rolling stock production company decided that they would have to step up their game to survive. They started to manufacture other products aside from rolling stocks, and this trend continued up to the Second World War. The company was chartered by the Government of Canada to manufacture weapons and other wartime essentials. They did everything that they can to survive, so the National Steel Car did not hesitate to accept the offer. They manufactured weapons and war vehicles, and after the Allied Forces won the war, the National Steel Car was paid for their services. Go Here to learn more.
Today, the company is being owned by Greg Aziz, who is a wealthy entrepreneur and businessman. Gregory James Aziz purchased the National Steel Car from Dofasco in 1994, and ever since he got the ownership of the company, he has been doing a lot of changes that made the National Steel Car into one of the most profitable Canadian companies around. Gregory James Aziz is proud of his achievements, and he thanked the loyal employees working at the National Steel Car for their continued loyalty.