Bringing Back Businesses: Gregory Aziz

Very few business leaders are as successful as the entrepreneur and investor Gregory James Aziz. Aziz has had a storied life so far, and his success in business has created a name for himself that others strive to live up to. Particularly, James Aziz has been able to bring several companies back from the brink of bankruptcy and create an industry leader out of them. All of this is due to his knowledge and ability to read the markets and know what strategy is best for a company at any given time.

 

The first time Greg Aziz was able to show his abilities was at Affiliated Foods, where he earned a management position directly out of college in 1971. Aziz looked long and hard at the business model Affiliated. When he started, the company was focused only on serving Ontario and neighboring provinces, but Aziz wanted much more. He started working with new suppliers and customers, and he promised to bring new and exotic foods into the current mix of goods offered. Aziz singlehandedly brought several suppliers from South America and Europe on board, and he even started to sell to new customers in the United States. Before he arrived, Affiliated Foods had been a struggling, local peddler of foodstuffs, and when he left it was a large, multinational company able to give customers exactly what they wanted.

 

The second, and most impressive, moment in which Greg Aziz was able to show his ability to read business situations and strategies, was when he purchased National Steel Car in 1994. This company had been profitable and well-known in Ontario in its heyday, but the contraction of the railroad industry and poor management over the previous several decades had left the company stripped of capital and barely able to make ends meet.

 

Aziz started a massive campaign to improve the engineering and quality of the rail cars produced by National Steel Car. He sunk capital into several projects and created a technologically-advanced plant for the time. He hired thousands of additional workers to help deal with the expected 300 percent increase in production capacity, and he talked to new and old customers about the new quality initiatives taking place. With this, Aziz was able to bring National Steel Car not only back to its former, local glory, but to new heights and international sales. See Related Link for additional information.

 

Successful business leaders like Greg Aziz come around only once in several decades. These are individuals able to singlehandedly change the course of an industry, and Aziz has shown himself to be one of these businessmen.

 

For more than a decade NSC has been recognized by the TTX Supplier Evaluation Committee for supplier excellence. Furthermore, NSC is the only railcar manufacturer in North America to obtain a 9001 certification by the International Organization for Standardization.

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