National Steel Car is Going Down the Right Road

National Steel Car is the most influential railcar manufacturer to ever hit North America. Its power is second to none and its profit is obvious since it owns over 30% of the market share. They had been creating railcars for companies across Canada and the United States of America for nearly 10 decades and they have been transporting goods safely throughout Canada no matter how dangerous the snowy place may be.

The reason they were able to continue on into this 100 year of business was that Gregory James Aziz led them with great business wisdom. He ensured that they were creating a quality product that was easily used by each customer to purchase that. He never wanted to stop being efficient and he never wanted to stop innovating. He knew that as long as National Steel Car would continue to grow it would continue to dominate the field.

 

Greg James Azz made National Steel Car to be a success in the future. He did that by continuing the innovation that made the company so great to begin with. This innovation can be seen in their newest vision which is to create a rail car that would be considered to be modular and customizable. Customers have been begging for this for years, yet no other steel car company thought it would be possible to create. However, Gregory James Aziz is a dreamer and he will do everything he can to bring this to market.

He prepared National Steel Car to achieve this accomplishment by training them. He brought in efficiency experts and management gurus who were able to hold workshops and seminars that span throughout the month and throughout the quarter. Every worker was required to attend at least one each quarter of the year. The higher up the ladder they were, the more events they had to attend.

 

Then, Gregory James Aziz drafted job descriptions for employees who worked in his company. Once the employees knew what they had to do, they were all in favor of giving this modular railcar created. By knowing whose responsibility a certain task was, it allowed the workers to openly communicate with those responsible for the correct thing. Get Additional Information Here.

 

National Steel Car just celebrated their Centennial ceremony. It is and an amazing feat that they were able to stay in business this long. However, based on their current status they may stay for 100 years more.

 

Read More: https://remote.com/greg-aziz

THE PENN WEST REDEFINED TO OBSIDIAN ENERGY

Obsidian Energy is a mid-sized company based in Calgary, Alberta. It deals with gas and oil production. Before, the company was known as Penn West Petroleum Ltd. It changed the name in June 2017 after it underwent major changes that changed every aspect of business in the organization. These changes were as a result of the drastic drop in oil prices experienced in 2014. The change made the company experience difficulties, both financially and operationally. The company had a very big debt and to cover the debt they sold a lot of assets which led to a restructuring of the company. The resolution to change Penn West to Obsidian was voted in favor by 92% of the shareholders.

 

Dave French, the company’s CEO, explained that they choose the name Obsidian as it is a glass that occurs naturally and, can be sharpened and honed. Apart from selling the company’s assets, the company also reduced its production areas from over thirty to four primary areas. It also reduced the number of employees from 1,400 to 300. The changes redefined the company and they have come out more capable of learning and stronger. Obsidian Energy is smaller when compared to Penn West. It has a forecast production of 28,000 barrels per day while that of Penn West’s was 135,000 barrels per day. It is set with enough assets, a well-planned strategy and a healthy balance sheet that will help it set performance standards even in the environment of low prices. See This Page for additional information.

 

Along with the approval of the name change, other changes that took place include: appointing a new auditor, approving the reduction of share capital for accounting purposes, electing new directors, approving the restricted share plan unit and passing the advisory resolution to approve company’s approach to executive compensation. In the past three years, Obsidian has used assets of worth $2.3 billion to improve it’s the operational and financial performance. This has greatly helped it eliminate the high number of challenges that were stopping the company from performing efficiently. As the company heads down to this new path, it is guided by the passion of what they do, discipline and accountability to the community they operate in, its shareholders and partners.

 

Obsidian Energy was at the apex of its success and was even among the sixty most prominent firms in the Toronto stock Exchange and was also a Canadian Royalty Trust (CANROY).

 

Read More:  http://www.ogj.com/articles/2017/05/penn-west-petroleum-moves-toward-changing-name-to-obsidian-energy.html

NSC Is Revived

Gregory James Aziz has made his name in the world of business by specializing in revamping old companies who look like they should be closing their doors. This ability has made him a very rich man. Often, he will come into a business that is struggling and make the necessary changes so that it can grow. He will own a portion of the company so as the company grows and becomes prominent once again his stock prices will go up. Then, when he gets ready to leave the company, he sells all of his shares back to the corporate entity and pockets the millions of dollars that he has made.

 

1Recently, National Steel Car reached out to this man to see if he can do anything to turn their business around. They had been losing market share and profit for over 10 decades and if something did not stop soon their company would close its doors.

 

Gregory James Aziz accepted the offer to become chief executive officer and National Steel Car move back to its prominent spot as a railway manufacturer. Greg Aziz began by instilling a passionate vision of innovation and excellence and creativity. This vision was to create a rail car that met the strictest Canadian environmental regulations, could be customized by the purchaser, and could carry 35% additional weight while traveling 20% faster and producing 90% fewer carbon emissions.

 

The company was excited to create such a rail car, they knew it would be a game changer, but they also were humble enough to admit they lack the skills necessary to make this company create railcar. In response to that problem, Greg Aziz hired two European professors to begin mentoring the executives and the managers to become more innovative and more efficient. Greg James Aziz watched as their talents grew, which in turn, helped them to inch closer to this project’s end.

 

Gregory James Aziz then began mentoring and training other talented people in his company to be leaders. By giving them additional responsibility and authority, they had the power needed to swiftly move this goal along. Refer to This Article for additional information.

 

Once National Steel Car created this railcar and received billions of dollars as profit, Gregory James Aziz decided he would host a celebration in honor of the people. Besides paying out large cash bonuses, he wrote out personal thank you letters for over 2000 members in this huge workplace.

 

Read More: https://ca.linkedin.com/in/gregaziz

Gregory Aziz: Master of National Steel Car

Getting into the engineering and manufacturing industry is no easy task. Firstly, it’s one of the oldest corporate industries in the modern world. That means a lot of the companies in it have existed for over 100 years. With reputations like that, it’s not easy for a startup to compete.

 

Secondly, engineering isn’t an easy field. It’s one of the few fields that depend on change and innovation, and not everyone’s mind works like that. Also, engineers have to know how to use technology in a positive way that allows them to create and improve upon high-quality products.

 

Luckily for National Steel Car, none of that is a problem. Founded in 1912, National Steel Car is one of those 100-year-old companies, and it has brilliant engineers. It also has one of the best CEOs in the world, Gregory J. Aziz. When Greg Aziz took the job, he accepted the responsibility to carry on the company’s high standards.

 

Not only does National Steel have the highest standards in the region, it’s one of the leading manufacturing companies in North America. Along with the numerous values and traditions, Aziz had to figure out how to introduce new ideas without crushing the past.

 

Currently, Gregory James Aziz taking the company in a better direction. His job is to not let the company get stifled and push the employees to new heights. That’s an easy task considering he found the employees are already brilliant and need little managing and direction.

 

His appreciation for the workforce goes beyond just a boss-employee relationship. Gregory James Aziz sees high-value in their dedication, commitment, and trust in each other’s abilities. If it weren’t for the current employees, National Steel Car would not be at the top of the industry. Aziz found a way to capitalize on their potential.

 

Unlike other CEOs, Aziz allows them enough room to innovate while also pushing them to go further. Part of that strategy is not letting them get comfortable with their past successes. People who get used to success tend to slack off later in their career. Despite any success, Aziz never stops pushing. See This Page for related information.

 

Under his leadership, things are better than great. Every year, for the last 13 years, National Steel Car has won the TTX SECO award and never disappointed a customer.

 

Visit: https://gregoryaziz1.wordpress.com/

How Gregory Aziz Rescued National Steel Car From Collapsing

In the current times, a business can only survive through the commitment of the owner. There are many challenges that businesses go through which will require the owner to have good business management skills. Some challenges that businesses go through are external, and business owners have little they can do to avoid them. Take for instance technological innovations. It has been a nightmare for many companies in recent times.

 

Technology is growing rapidly, and there is no time to wait for traditional companies to align their systems with the technology. It is easy for a company that is led by weak management not to be proactive when such things happen. It is the reason why technology has become such a thorny factor in the business environment. Many investors do not keep themselves up to date with the probability of things changing in the future. For a business to survive for a long time, the management needs to be well informed about the challenges in the industry and hence prepare to deal with them when the need arises.

 

In Canada, there is one business that is serving as an example to other businesses in the region. This company is National steel car. It is a manufacturing factory that has been operating in the country since 1912. NSC has been manufacturing rolling stocks, also called railroad freight cars. It is currently the biggest producer and supplier of these products in North America; it also supplies its products overseas to countries such as China. Read This Article for additional information.

 

The reason why National steel car is performing that well is because it is headed by a CEO who has his hands on the job. A manager who understands what it takes to invest. The manager is none other than Gregory James Aziz. He is a prominent business person in the country. His input in the National steel car has been a pure class of excellence. He joined the management of the company in 1994 and as of today he and has managed to turn it into a global leader in a very highly competitive industry of engineering and manufacturing.

 

Greg Aziz bought National steel car from steel manufacturing company called Dofasco. Dofasco was unable to manage the company, and this is the reason why they sold it. Gregory James Aziz is a master of investment. He knew that he could manage the company and revive its operations. This is precisely what he did in five years. A company that was producing 3500 cars in a year started producing 12000 after he joined its management.

 

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

How the Management Team and Organizational Structure of Obsidian Energy Ltd Foster its Growth in the Canadian Oil and Natural Gas Business

Obsidian Energy is a natural gas and oil production company headquartered in Calgary, Alberta, Canada. The company previously operated under the names Penn West Energy Trust and Penn West Petroleum. Its stocks are publicly-traded on the Toronto Stock Exchange Market.

 

Brief History

 

Penn West Petroleum underwent several changes before being renamed to Obsidian Energy on June 26, 2017. These changes affected all business aspects of the firm in a positive way. They also enabled Penn West Petroleum to redefine its operations with a view of the future. Today, Obsidian Energy strives at excelling in the Canadian oil and gas industry by learning from past experiences.

 

Organizational Structure

 

With a production capacity of 30,000 bowls per day, Obsidian Energy is regarded as a medium-sized company. It has a balanced portfolio of profitable assets across Alberta. Obsidian Energy manages these assets with a goal of delivering bottom-line results. The firm seeks to use this asset to succeed in the evolving oil and gas industry.

 

The company obtains natural gas and oil from the Western Canadian Sedimentary Basin, which is based in Alberta. The basin also ranks among the largest petroleum reserves globally. Obsidian Energy’s exploration efforts are centered on three areas in Alberta. These include the Alberta Viking, the Pembina Cardium, and the Peace River oil sands.

 

Management Team

 

David French heads the management team of Obsidian Energy as the CEO and president. Prior to joining the firm, French worked with companies like Apache Corporation, McKinsey & Co, and Bankers Petroleum. His expertise lies in law, mechanical engineering, and management. David Hendry is also part of the firm’s management team. As CFO, he has over 25 years of experience in public accounting and finance. He works alongside Tony Berthelet who serves in the capacity of VP of development and operations. View More Information Here.

 

Other members of the management team of Obsidian Energy include Andrew Sweerts and Mark Hodgoson. As the VP of production and technical services, Sweerts joined the company back in 2014. He has over two decades experience in overseeing joint venture partnerships and trading activities. Hodgoson, on the other hand, serves in the capacity of VP of business and commercial development. Hodgoson’s expertise lies in investment banking, corporate planning, and crude marketing.

 

Visit: https://beta.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/penn-west-shareholders-approve-name-change-to-obsidian-energy/article35463586/?ref=http://www.theglobeandmail.com&

The Success Of ​​​​Obsidian Energy

Obsidian Energy Ltd is a Canadian oil and natural gas production company. It was previously known as Penn West exploration ltd. The company once appeared in the Toronto Stock Exchange list of the largest companies. In 2014, crude oil prices fell seriously leading to operational and financial challenges within the company.

 

The company’s production fields are located in Western Canadian Sedimentary Basin where the biggest petroleum reserves across the globe exist. In 2008, it paid high premiums leading to a 15% to 16% annual rate being generated within the year. The company has continued to grow and is now experiencing internal cash flow generation to facilitate its growth.

 

Obsidian hopes to generate about 31000 to 32000 cylinders of oil a day in its new year business calendar. The company looks forward to funding its capital programs, pay the existing decommissioning costs and also reduce its debts levels as per the company’s returning books of record.

 

The debt under control in the company is day by day decreasing acting as a greater advantage for the company. It continues to improve on the existing good leverage to the oil and gas prices. The Company has survived the tough prevailing conditions in the economic climate and has a very strong hedge book with about 12000 cylinders a day of their products that stands at a cost of $50 per cylinder.

 

In the previous years, Obsidian Energy has been able to withstand the high degrees of bills and financial misunderstandings due to poor economic climates and resulted to lawsuits by a few investors that were clearly resolved. It has also greatly reduced the number of employees to help in maximizing the outputs and decrease the levels of debts. See This Article to learn more about the company.

 

This was as a result of the decline in the prices of crude oil back in 2015. Due to this, the shareholders dividends that were given to them by the company was also reduced and also the compensation to its members of the management board. The company has however continued to positively improve its operational performances and strengthening its stock despite of the continuing economic imbalances in the surrounding economies within its operation fields.

 

Visit: http://www.newswire.ca/news-releases/penn-west-changes-name-to-obsidian-energy-ltd-and-announces-voting-results-from-the-2017-annual-and-special-meeting-of-shareholders-630941703.html

Gregory Aziz Propels National Steel Car To Higher Levels Of Success

The role that trains have played in the development of the global economy is massive. Even as technology progresses forward, so that new, faster, and more comfortable methods of travel are invented, the use of trains has refused to fade away. Unlike in many other industries where technology has revolutionized the operations methodologies so that the old methods are dropped for the sake of new ones, the transport industry is a little bit different.

The use of trains has also been revolutionized and faster trains have been developed. In the process, investors within the train manufacture industry have benefited greatly from the change. Gregory Aziz is an individual who was able to spot the possibility of the train-car manufacture industry growing further, and at the moment, he leads a massive company that is located in North America. The success of National Steel Car became evident when Gregory J Aziz purchased the company and started applying the leadership skills that he had acquired when he was working at Affiliated Foods.

1909308_1405440073054185_660900271_o

Trains, as opposed to other methods of transport, can carry huge amounts of luggage over long distances. As a result, trains can help to boost the delivery of goods and services in the shortest time possible. Electric trains help to ensure that the time that used to be taken to transit between different locations is shortened. National Steel Car offers its products to the entire world, and the company specializes in the development of train cars for both passenger and freight purposes.

Trains are also used in the transport of waste materials, and as a result, they help to reduce the levels of pollution that exist in the world. Greg Aziz acquired National Steel Car in 1994, and since then, the organization has made massive leaps of success through product customization and investing in the human resource segment. Human input is essential in such an industry, and Gregory James Aziz ensures that employees within the organization are properly motivated to ensure that their output is sufficient. Read This Page to learn more.

 

Greg Aziz is motivated by progress, and even when he was working at Affiliated Foods, he helped to transform the company to be the best performing organization in Ontario. At the moment, National Steel Car produces double the number of vehicles that it used to output before Gregory James took over the company leadership. James Aziz first studies the market before investing so that he can be able to reap maximally. Greg Aziz believes that with the fast pace of the global economy, opportunities for investment will always be available.

 

See Also: https://www.behance.net/greg-aziz

Gregory Aziz Drives National Steel Car To Unmatched Excellence

Gregory James Aziz is a famous businessman behind the success of National Steel Car. He was born on April 30, 1949 in London, Ontario. He schooled at Ridley College and later joined the University of Western Ontario where he graduated with a degree in Economics. In 1971, he began working for Affiliated Foods, a family wholesale food business. During this period, Affiliated Foods expanded rapidly becoming a global fresh foods importer while distributing its products across United States and Eastern Canada.

 

Being a keen entrepreneur, Gregory J Aziz took advantage of several investment banking opportunities in New York to plan the acquisition of National Steel Car, a Canadian company. In 1994, he actualized his plans by purchasing it from Dofasco with an ambition of making it the leading railroad freight car manufacturer in North America. As a result of this, he became the Chairman, President and CEO of National Steel Car. Click Here For More Info.

 

Utilizing excellent approaches such as strong engineering capabilities, team-building and human and capital investment, National Steel Car grew immensely to becoming North America’s only railroad freight car, engineering and manufacturing company certified ISO 9001:2008. National Steel Car has maintained this certification for over eighteen years. The company has also been honored over and over again since 1996 with the TTX SECO highest quality award.

 

Under the exceptional leadership of Gregory J Aziz, National Steel Car managed to increase its manufacturing capacity from 3500 cars to 12,000 cars annually within a span of about six years. The company’s workforce also rose from about 600 to around 3,000. The firm has continued to gain trust from its clients. As stated by Gregory Aziz, National Steel Car is proud of their strong relationship with its clients including Canpotex. Greg’s company supplies Canpotex with custom designed railcars for potash shipments.

 

Besides focusing on the development of the company, James Aziz together with his wife Irene takes part in community work. The two sponsors the Royal Agricultural Winter Fair, an annual livestock exhibition event. Under his management, National Steel Car also supports several community groups including, Salvation Army, the United Way, Theatre Aquarius, Hamilton Opera among many others. Furthermore, the company annually holds Christmas Party where all the current and past employees are invited.

 

Gregory J Aziz is a great example that having a sense of purpose, determination, and relentless focus on excellence and quality yields success. It is no doubt that National Steel Car will continue to prosper under his leadership.

See Also: https://medium.com/@gregoryaziz

Gregory James Aziz, Brains Behind National Steel Car’s Success

Gregory James Aziz is currently the CEO of National Steel Car. He also doubles up as chairperson of the board of directors of the company. The company is a leading railroad freight car. Under his stewardship, the company has managed to build an excellent team in engineering capabilities. Furthermore, its production annually has risen from 3500 vehicles at the time of purchase to 12,000 by 1999.

 

Under his tenure as CEO, their cars have been named as the leading in North America for 18 years consecutively. This has been greatly attributed to the high creativity and manufacturing skills. His main aim is to ensure that the North American market get high-quality vehicles throughout the year. See More Info Here.

 

Greg Aziz has made enormous contributions to the people of Hamilton, Ontario at large. Together with his wife, they have been involved in donations in support of the Royal Agriculture Winter Fair. The fair is the most recognized in the agricultural sector. Other organizations which have reaped benefits from Greg’s company include, Theatre Aquarius, the Salvation Army, the Hamilton Opera and the United Way. Every year, a Christmas party is organized for the employees both current and former.

 

James Aziz graduated with a degree in economics from the University of Western Ontario. Before this, he attended Ridley College. In 1971, he joined his family’s food business called Affiliated Foods. Over 16 years, Affiliated Foods grew to become among the world’s largest importers of fresh foods from Central America, South America, and Europe.

 

In late 1980 and early 1990, after involving himself in several banking investment opportunities, he succeeded in organizing the purchase of above-mentioned car company from Dofasco in 1994. His main goal during the purchase was to transform it into a leading manufacturer of freight cars in the whole of northern America.

1909308_1405440073054185_660900271_o

Today, the leading freight cars dealer is ranked first in new car innovation. It has held the honor of being certified ISO 9001:2008. This has been the case for the past 18 years thanks to recertification. Also, it has also been awarded the TTX SECO quality award.

Gregory J Aziz has attributed the organization’s success to some factors. He says that commitment to quality and unwavering focuses on excellence has ensured the company’s continual growth. He stresses that the chief factor is the employees. He insists that a healthy relationship with his staff always ensures positive results. These and many others have made him one of the leading businessmen in Canada.

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