There is an extensive network of railways found in Canada. It provides a faster transportation option for the public, connecting all of Canada’s major cities from the coast to coast. The rail transport system is also essential in the growth of the country’s economy, making trade and commerce faster and more convenient. The National Steel Car is one of the reasons why Canada has a rich and active railroad network, because rolling stock manufacturers like them supply the country with locomotives that keeps on using the railroad tracks. The National Steel Car manufactures rolling stocks to provide transport of goods, services, and people.
Established in 1912 by a group of rich investors from Hamilton, Ontario, the National Steel Car experienced a downpour of investments in their early years of operations. There are a huge number of orders coming from private railroad transport companies, including the Canadian Pacific Railway and the Canadian Northern Railway. The Canadian government even ordered several units from the National Steel Car, hoping to use the rolling stocks for the benefit of the state. The number of orders keeps on breaking the record every day, and the National Steel Car has to apologize to their clients for a longer time estimation of when they could get their rolling stocks because of the huge volume of pending orders. Business was good, until the 1930s decade came into light. A catastrophic economic crisis led to the closure of businesses around the world, but the National Steel Car endured the phenomenon and kept on manufacturing rolling stocks and other mechanical products just to survive.
When the war began in the 1940s, the National Steel Car was contracted by the government to help in their war efforts. The company created tanks, guns, and other war products, and the company experienced tiny growth. After the war, the company went into the hands of Dofasco, purchasing them in 1962.
The steel manufacturing company would soon sell the National Steel Car to Gregory James Aziz, in fears that they might become a liability because of the rolling stock crisis in the 1990s. Gregory J Aziz signed the contract of purchase in 1994, and under Aziz’s leadership, a number of changes took place within the company. Gregory J Aziz hired an additional 2,500 employees to work for the National Steel Car, raising the total number of workforce at 3,000. It resulted to the rise of rolling stocks manufactured annually, making the National Steel Car a competitive company once again. Go To This Page for more information.