Louis Chenevert: A Visionary. A Legacy.

Beginning 1993, Louis Chenevert rose through the ranks at United Technologies Corporation to achieve the esteemed position of CEO after only six years with their Pratt & Whitney unit. His impressive career at UTC in those few years throws into sharp relief his overall success in the business world.

After obtaining a Bachelor’s Degree in production management from the esteemed Université de Montréal, École des Hautes études commerciales (University of Montreal, School of Commercial Studies), Chenevert served as Production Manager of the St Therese branch of General Motors for fourteen years. He has achieved in only one year what the majority of corporate executives fail to achieve during their entire careers.

One of the factors directly related to this astounding success is Louis’ investment, not only in state of the art technologies, but people as well. He understands that the people working for a company play a major make-or-break role in the success of the company. He is often quoted as saying that investing in the right tech can take a company far; and investing in the right people can take it even farther.

Investing in the right technology is what encouraged Chenevert to undertake the Goodrich Acquisition (worth over $18 billion), as well as an offer to manufacture engines for the Air Force; even though prestigious companies such as Rolls-Royce and General Electric both declined. This isn’t United Technologies Corporation’s first foray into the avionics industry however. Their Sikorsky unit manufactures more helicopters than any other company in the United States, and some of the most advanced jet engines on the planet are assembled by UTC.

In 2009, Louis Chenevert was the recipient of the Honor Award from the National Building Museum. In May of 2001 he received an honorary doctorate from HEC Montreal, his alma mater, and the US aviation trade magazine “Aviation Week & Space Technology” named him its Person of the Year in 2011.

This is the legacy Louis Chenevert left to his successor Gregory Hayes upon his resignation from CEO in December 2014. He left behind a perpetually sustainable legacy of success-driven goal-setting; and a continued outlook to the future of technology. It is all thanks to Chenevert that UTC will dominate the market for years to come.

Gregory Aziz – Leading National Steel Car to Success Through His Excellent Business Skills and Vision

Gregory James Aziz is a well-known name in the corporate circle of the United States as one of the most successful businessmen and visionary. As the CEO, President, and Chairman of National Steel Car, the only railroad manufacturers in the North America to be ISO 9001:2008 certified, he has made tremendous contributions to the company to ensure it retains its dominant position for years in its niche. National Steel Car is also the only company to be honored with the TTX SECO Award consecutively for over a decade. The company has been dedicated to its approach and understands the importance of evolving with time, which is why it continually comes up with new railroad designs and integrating advanced manufacturing process from time to time.

 

Gregory J Aziz was born in London, Ontario and completed his graduation from the Ridley College from where he moved on to the University of Western Ontario to complete his education in Economics. In 1971, James Aziz joined his family business of supplying fresh foods sourced from South and Central America as well as Europe to the regional wholesale markets in Canada and the United States. The family business, Affiliated Foods, continued to run successfully for the next sixteen years. He went on to work at several of the financial institutions as an investment banker in New York with considerable success. Finally, in 1994, Greg Aziz managed to purchase National Steel Car from Dofasco to make it one of the leading manufacturers of railroad freight cars in North America. Find More Info Here.

 

In just five years’ time, Greg James Aziz managed to increase the production capacity of National Steel Car from just over 3,500 railroad cars to nearly 12,000 railroad freight cars annually, which is a remarkable feat. The company’s strength also proliferated during the same period from just 600 employees to over 3,000 employees. National Steel Car continues to invest in innovation and engineering marvel to ensure the railroad cars it manufactures is of the highest quality. National Steel Car is headquartered in Hamilton, Ontario, and is committed to the Hamilton Community. Over the years, National Steel Car has sponsored many local events including the Theatre Aquarius, United Way and the initiating the food drive to refill the local food banks. The company also sponsors the annual Christmas Party, which is attended by thousands of company’s staff and their families. Greg James Aziz along with his wife Irene are also the sponsors of the Royal Agricultural Winter Fair.

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National Steel Car: How They Became a Leader in the Rolling Stock Manufacturing Industry

The National Steel Car is a Canadian company specializing in the production of rolling stocks. They have been around for more than one hundred years, but they keep on innovating and managed to survive up until the 21st century. Throughout the years that they were operating, the National Steel Car experienced different challenges along the way, but they faced every challenge with courage and managed to overcome it. Today, the National Steel Car is considered to be one of the largest rolling stock manufacturers in Canada, and they are also recognized as one of the leaders in the industry. Their products are being shipped all throughout the country, and it is also being exported as far as the United States. According to their present chairman and CEO, Gregory James Aziz, the National Steel Car will experience more growth as they are currently going through extensive innovation and development. He is optimistic that the company will be one of the leaders not just in North America, but in the whole world. Get More Information Here.

 

Established in 1912, the National Steel Car experienced their Golden Age when they were still new to the market. Orders would come in each day, and they have to finish many rolling stocks to supply the growing demand. However, everything changed in the 1930s when the Great Depression hit, and the company was pushed to the brink of bankruptcy. The National Steel Car managed to get back on track when the Second World War took place, as they were commissioned by the government to produce arms and vehicles that will be used for the war. They managed to grow steadily after the war, even purchasing smaller firms like the Valdes Lumber Company to support the raw materials that they need in producing rolling stocks.

 

The company was soon purchased by Dominion Foundries and Steel, or Dofasco for short, but soon became unmanageable as the locomotive industry faced a crisis during the 1990s. Gregory J Aziz, seeing the potential of the National Steel Car to revert to its former glory, decided to purchase the company in 1994 and served as the chairman and CEO ever since. The decision of Greg James Aziz to buy the company paid off, when it got back on track and become one of the most competitive Canadian companies ever. They managed to hire more employees in the present, and their annual rolling stock production rose to 12,500 per year.

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