National Steel Car Co.
The National Steel Car Co. is a Canadian rolling stock builder formed in 1912 based out of Hamilton, Ontario. The company was originally named Imperial Steel Car, though the name changed before the beginning of 1912. It is currently a subsidiary of National Industries Inc. and is currently led by Greg Aziz, chairman and CEO of National Steel Car; today it is one of the few remaining rolling stock builders in Canada.
"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 rolling stock orders reached an all-time high in 1913. Due to this, 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 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 Great Depression of the 1930s. During the depression, National Steel Car fell 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."
- Wikipedia (National Steel Car Company)
"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 rolling stock orders reached an all-time high in 1913. Due to this, 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 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 Great Depression of the 1930s. During the depression, National Steel Car fell 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."
- Wikipedia (National Steel Car Company)
Founding Date
1912
Type
Corporation, Transportation
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