National Steel Car

National Steel Car is the largest manufacturer of in Canada, based in Hamilton, Ontario. The company was founded in 1912, and has been a top 3 manufacturer in Canada for its lifetime. National Steel Car is a subsidiary of National Industries Inc., and is currently led by Greg Aziz, Chairman and CEO of National Steel Car.

Founded in 1912 by several investors led by Sir John Morison Gibson and with interests related to the Magor Car Corporation, Basil Magor was enlisted to lead the National Steel Car project. Once the new plant was functioning in Hamilton, Ontario, Magor became General Manager of National Steel Car Company Limited. The first few years of National Steel Car's production surpassed the expectations of its investors. The company began manufacturing just as Canadian orders reached an all-time high in 1913. Due to the company's impeccable timing, National Steel Car began business with a large number of box car orders from Canadian Pacific Railway, and various railcar orders from Canadian Northern Railway. In 1919, Donald Symington of Baltimore and Robert Magor of Magor Car Corp. made an offer on the company, and from there on it was reorganized as National Steel Car Corporation Limited.

Business at National Steel Car boomed from the beginning of its life until just before the depression period of the 1930s. During the depression, National Steel Car was falling behind in terms of diversity in comparison to its competitors, and suffered a severe lack of orders. At one point the company resorted to producing motor trucks, bus bodies, and outboard motor boats, just so they had orders to fill. World War II renewed National Steel Car's business, and the company has been in a relatively healthy state for most of its life since. It shares nearly all Canadian rolling stock orders with Eastern Car Company. National Steel Car also exports to the United States regularly, more so in the later years of its life.

In 1962, Dofasco bought National Steel Car, but by 1990 it had effectively given up control of the declining company, and in 1994 they sold it to Hamilton corporation National Industries Inc., owned by Greg Aziz. By the year 2000, Aziz had increased National Steel Car's workforce from 500 to 3,000 employees, and its production capacity from 3,500 to 12,500 rail cars annually. Today, National Steel Car makes and supplies various to Canadian and American customers, mainly railway operators and commercial rail operators.

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