National Steel Car is as Solid as Steel

The applause was thunderous as Gregory James Aziz took the stage. It was a time of excitement and trepidation, celebration and nervousness. National Steel Car had just celebrated its centennial birthday, and yet regulations were looming on the horizon. They all gathered to celebrate the achievement it took to keep National Steel Car in business for 100 years, but a question was still looming, “Will this business be able to continue for another century?”

Greg Aziz put his hands in the air and calmed the crowd down. After he explained to them their achievements over the past 100 years, his tone of voice changed, and he began to explain to them what National Steel Car would do to ensure that they would be in business for another 100 years.

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Aziz began by addressing and acknowledging the fact that all of them had fears with the new regulations that were just passed by the governments of Canada and the United States. He further described to them the predicament that the entire railway industry found themselves in due to this legislation. However, they need not be afraid because Gregory J Aziz had come through again.

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Greg James Aziz had seen that this change was coming and began preparing for years in advance. He then explained to the audience that was present how he called the head of research and development to his office four years ago and began discussing with him the need for a more environmentally friendly car. This discussion led them to begin developing a prototype car that could go further, carry more, and use fewer emissions. Read This Article for more information.

 

Research and development then began to create this car in a secret factory that he had built inside the United States of America. They were ordered to sit quietly on this project after they created 100 cars to stop rival companies from learning of this and competing.

 

Gregory J Aziz told them that the new regulations passed by Canada and United States would make their old cars obsolete, along with the thousands of other railcars owned by other companies. However, their new railcar was still able to operate under the new regulations, and thus, they were the only company that was able to transport goods at this time. This meant that while all the other companies are playing catch-up, National Steel Car would continue doing business and thriving underneath all the new contracts they would acquire.

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Gregory James Aziz: Managing the National Steel Car

Gregory James Aziz is a Canadian businessman and entrepreneur who is currently serving as the chairman, president and CEO of the National Steel Car. Gregory James Aziz, or Greg Aziz to those who know him well, has been awarded with several recognitions because of his achievements in leading the largest rolling stock manufacturer in Canada. Years before he purchased the National Steel Car from the hands of Dofasco, Gregory James Aziz worked at a food delivery business owned by his parents. They are importing fresh food products coming from South America and Europe, and they are delivering it across Canada and the United States.

 

Gregory James Aziz has a hidden skill in making a business grow, and his expertise transformed their family business into one of the most profitable food delivery businesses in the country. Gregory James Aziz left his parents after realizing how successful their family business has become, and told them that he will be looking for a job that deals with finances

 

Gregory James Aziz landed a job at a financial institution, and he worked hard to be promoted. He saved up a lot of money while serving as the financial institution’s executive, and one day, he heard about the news that the National Steel Car will be sold by Dofasco because it is now seen as a liability. Upon hearing the news, he went to the headquarters of Dofasco and spoke with one of their representatives. Gregory James Aziz and Dofasco agreed that the National Steel Car will be sold to him, and the deal took effect in 1994. During the first few years of operation, Gregory James Aziz struggled to determine how he can transform the National Steel Car into a competitive company able to deliver what they initially promised. He hired an additional 2,500 employees, increasing the company’s workforce to almost 3,000. See This Article to learn more.

Because of his decision to hire more employees to work for the National Steel Car, the production rate of the company increased. They are able to produce more than 12,000 rolling stocks each year, and Gregory James Aziz is grateful to the employees of the National Steel Car who are doing their best to create quality rolling stocks. Gregory James Aziz was recognized as a role model for business people who wanted to attain success.

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The company received TTX SECO award for quality, for over a decade. His perseverance to transform the National Steel Car is unbelievable. The efforts of James Aziz did not go to waste, as the National Steel Car keeps on breaking records and becoming known worldwide.

A Review Of Obsidian Energy Journey After Rebranding From Penn West Petroleum

Obsidian Energy is a renowned Canadian oil and natural gas production company. The medium-sized company has a well-balanced portfolio of quality assets. The corporation produces nearly 30,000 barrels each day. Obsidian Energy has a high client base, thus enhanced profitability margins. In addition, the noble corporation has recruited the services of experienced personnel who will enable it to succeed in the competitive industry. Moreover, Obsidian Energy’s success is anchored on the foundation of discipline and its employee’s relentless passion for the work that they do. This success is also based on an unbendable accountability to their shareholders, partners and the communities that they operate in.

 

Previously, the company was known as Penn West Petroleum Ltd. On June 26th, 2017, the company formally changed its business name to Obsidian Energy. As Penn West, the company underwent considerable changes. These changes affected every area of their business. Moreover, the changes helped the management to redefine the company in terms of where and how it grows. As a result, Obsidian Energy has reemerged leaner, stronger and more capable than it has ever been.

 

Read More about the company by clicking the link.

 

The change of name has been accompanied by improvement in their business operations.

David French, the company’s president and CEO noted that they were pleased to recognize the final step in their transformation journey with the name change. He also added that as they begin the new chapter, they will lead the company based on three principles, which are disciplined commercial and technical decision making, relentless pursuit of progress, and accountability. Presently, Obsidian Energy is well positioned with the appropriate assets, a strong balance sheet, and sensible hedging strategy that will help them to set a performance standard even in lower price situations. Apart from the name change, the company’s shareholders approved the entire resolutions outlined in the Notice of 2017 Annual and Special Meeting and the Management Proxy Circular of April 30, 2017.

 

The company’s oil and gas fields are found in Alberta, which is along the Western Canadian Sedimentary Basin. The region is among the leading petroleum reserves in the world. In Alberta, oil and gas production comes from three main areas, which are the Peace River oil sands, the Alberta Viking, and the Pembina Cardium.

 

Related: https://en.wikipedia.org/wiki/Obsidian_Energy

Obsidian Energy Strategies for Getting Back Up

Obsidian energy ltd deals natural gas and also oil. The company is currently located in Canada at a place called Calgary, Alberta. The company has employed individuals of around 300 as per 2017. Its original name was Penn west exploration limited. The company’s market value reached its best in 2008 with a value of $ 9.5 billion. Their main explorations sites include Alberta Viking, Pembina Cardium, and Peace River oil sands.

 

However, Obsidian Energy has also had also experienced its low period. The company had accumulated various debts together with some difficulties in operations. This trying time was mainly brought by reduction of the prices of crude oil globally in 2014. This forced the company to let go some of its assets to remain afloat. This was also followed by a change in the marketing strategies.

 

Some of the strategies included changing the name with a new symbol of “OBE” that was to be used in the stock exchange market of New York and Toronto. Three principals were set to steer the company forward. Obsidian Energy wanted to instill discipline in operations while ensuring that everyone plays their role to ensure the company achieves its mandates and remains a global player. Transparency and accountability are also the key areas that they look forward to working on.

 

To achieve its mandates, Obsidian provides excellent record keeping of all its spending together with hedging plan. This will ensure the company remains on top even when the oil prices go down again in the future. The main reason for this is to ensure the safety of the investors’ money.

 

Find Related Information Here.

 

In addition to the change in name, there were also some proposals that were approved, for example, the appointment of Ernst and Young LLp to become the auditors of the company. The two are chartered and certified accountants. Their primary purpose is to provide full accountability on all the spending in the business. New directors were also elected which consisted of eight members. Other changes also include the reduction of employees and the number of oil barrels produced per day. This, however, has affected even the income of the company which has witnessed a steady decrease. With the measures taken by Obsidian Energy, it may not be long before Obsidian Energy rises again.

Visit: http://calgaryherald.com/business/energy/restructured-penn-west-proposes-name-change-to-obsidian-energy

The Inspiring Story of National Steel Cars CEO Gregory James Aziz

Greg James Aziz is now one of the world’s most successful entrepreneurs, being the CEO, chairman, and president of the National Steel Car company, the company that holds the title of the top railroad freight car manufacturing and engineering company in North America. This corporation has conquered its industry, and the leadership of Gregory James Aziz is one of the main reasons why they are doing so well in the business. However, such a young entrepreneur, how did he succeed in revamping the business model of a company that is more than a century old?

 

Born on the 30th of April 1949, Greg went to the University of Western Ontario and took a major in economics. This decision early in his life has been influenced by his family as he grew up in a business family. Greg’s family owns the Affiliated Foods, a wholesale food distribution company which eventually became a major company that distributed food across the Americas from Europe. After he graduated college, Greg joined his family’s business, but he was always looking for something more.

 

Greg went on to try his hands-on investment banking when he moved to New York in the 80s. He proved to be a really successful banker through the 90s and in 1994, he was able to acquire the National Steel Car, which through his leadership became a company known worldwide as the leader in railroad freight car manufacturing and engineering. With Greg at the helm, the company grew to have the capability of making 3,500 cars a year to 12,000 in a span of just five years. They were also able to increase their employment growth from 600 to 3,000.

 

Aside from being known as one the world’s most successful entrepreneurs, Greg J Aziz is also known as a philanthropist. Greg Aziz dedicated the National Steel Car’s yearly Christmas party which his whole family regularly attends, like a food drive to feed the community. He and his wife also sponsor a number of charities and causes such as the Royal Agriculture Winter Fair. But before this, Greg Aziz is also like one of us, trying to make his mark in the world. Learn More Here.

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Truly, the National Steel Car’s legacy is also Greg James Aziz’s legacy. Although he has worked with the business family Affiliated Foods while he was a student of Economics, his biggest achievements happened during his time at National Steel Car as the CEO of the corporation.

Source: https://www.behance.net/greg-aziz

Greg Aziz Allowing National Steel Car to Thrive

National Steel Car made its comeback on the scene of fright car manufacturing in Canada about 25 years ago. Thanks to its current owner Mr. Gregory James Aziz, National Steel Car was able to expand and go strong at it once again. Up to date, the corporation’s modernized and has a strong chance that it will be around for a hundred more years.

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The company of National Steel Car had been in dire need of a fundamental change and restructuring. Previously owned by Dofasco, the company had not received the attention it needed to get back on its feet. In 1994, Mr. Gregory J Aziz acquired the Canadian business and got to work. After five years of ownership. Mr. Greg J Aziz had transformed to company completely. National Steel Car was bigger, stronger, and working with the U. S. as well and not only on a national basis as it used to. National Steel Car had also become a community-oriented business.

 

Mr. Greg J Aziz introduced a vast number of changes to the company of National Steel Car. He started by announcing the comeback of the company as the name of National Steel Car had nearly been forgotten. Mr. Greg J Aziz put a sharp emphasis on the expansion of the business in terms of production capacity and the number of employees. National Steel Car was falling behind with manufacturing, and because of its low annual capacity, it could not take on as many orders as it needed in order to grow.

 

Back in 1994, the company of the National Steel Car had only 600 employees and would produce just 3 000 cars a year. Increasing these numbers was the most critical objective for Mr. Greg J Aziz over the course of the first five years of ownership. He made huge progress in the performance of the National Steel Car by increasing the manufacturing capabilities to 12 000 cars a year and the employees from 600 to 3 000 in the first five years. Having been the owner of National Steel Car for more than two decades now, James Aziz has increased those numbers even more. Another essential part of National Steel Car is that it is no longer solely a national company. It exports products to the United States of America which opens new doors for the business in terms of clients and collaboration opportunities.

 

National Steel Car was established about 105 years ago. It has been down many times, but with Mr. Greg J Aziz the company will continue to thrive for a long time to come. See More Info Here.

Gregory James Aziz, CEO National Steel Car

Greg Aziz is the Chief Executive Officer at National Steel Car, which is a company based in Hamilton, Ontario in Canada. National Steel Car is a company that is renowned for its significant advancements when it comes to Railroad Manufacture.

Education

Gregory J Aziz holds an undergraduate degree in the field of economics from Western University. The skills that he gained while in school such as leadership as well as project management have gone a long way in helping him manage the tasks associated with being CEO of a large company such as National Steel Car. He is a native English speaker.

 

 

National Steel Car came into being in the year 1912 and has been supplying freight cars as well as rail cars to people ever since. With their experience that spans over a century in railroad engineering, the company has grown to make much advancement in the railroad manufacturing field, enabling them to have the edge over their competitors, thus propelling them to the forefront in the industry.

 

James Aziz works tirelessly to ensure that National Steel Car scales the height of success and it is due to his immense efforts that the company continues to manufacture rail cars that are of very high quality. Being the only rail vehicle company in all of North America that holds an ISO 9001:2008 certification, National Steel Car is trusted by millions of customers who flock to the company in pursuit of the best rail cars in the market.

With a workforce of over two thousand skilled employees, National Steel Car continues to supply North America with superior quality rail cars, and this makes it the leading Rail Car Company in North America. Other factors that have contributed significantly to the success of this company include but are not limited to the loyalty of their customers as well as the significant relationships that the company has forged with its suppliers. All these reasons and more are the recipes to a great business. Read More On This Page.

 

Experience

Greg Aziz took over as the president of National Steel Car in January 1994 and has been in the office for the last twenty-three years and nine months. During that time, he has made many developments in the company which has served to ensure that the company remains relevant in the railroad industry.

 

James Aziz has enabled National Steel Car to maintain its first place when it comes to the manufacture of both freight cars and rail cars, and his presidency of the company has been a significant success. Related: https://www.behance.net/greg-aziz

Gregory James Aziz The Entrepreneur And Philanthropist.

It’s a fact that engineering is among the most dynamic fields. Through the excellent use of technology and good customer relationship, any successful engineering firm must use both to achieve its goals. National Steel Car is one company which has proved to be the top manufacturer of rail freight cars in North America. The company has reached that level through the leadership of Gregory James Aziz who is both the president and the Chairman of the company. The success has come through good customer relationship, passion, commitment and innovation thanks to the efforts of Greg Aziz. The company has over the years maintained its standards since when it was started in 1912 and has over 100 years of experience. Learn More Here.

 

When Gregory J. Aziz commonly known as Gregory Aziz became the Chief Executive Officer in 1994, he has molded National Steel Car Company to an award-winning company because he values efforts of every employee, customer and all suppliers of the company. James Aziz is a humble leader who values trust, commitment and determination of every player for the good of National Cars Company. His experience in family business where he worked before joining finance sector in New York, Greg Aziz has made National Steel Car Company the company it is today. After graduating from Western Ontario University, the man who was born on April 30th, 1949 ran Affiliated Foods, the family business and steered it to become a top food importer from various parts of the world and to export to American and European markets.

 

Under Greg Aziz’s leadership, National Steel Car Company has received TTX SECO an award it has received for 13 consecutive years being a top-quality steel car manufacturer. The company has also been ISO 9001:2008 certified and it’s the only steel car Manufacturer to acquire the same. National Steel Car continues to make significant changes that are meant to push the company further in its service delivery to its clients. the customer service center has been very proactive, offering their clients after sale services that may be needed in the installation of any or their equipment. Greg recognizes the important role that customers play and therefore wishes to place their interests top on the priorities list.

 

The Hamilton community has also benefited from the company through the sponsorship of Hamilton Opera, the Salvation Army, and Theatre Aquarius among other charities. These have come as a result of James Aziz’s willingness to give back to the community to better their lives.

See: https://www.steelcar.com/Greg-Aziz-welcome