CEO Gregory James Aziz of National Steel Car

Gregory James Aziz, known as “Greg” to his friends, is CEO of one the largest manufacturer of rolling stock in Canada. Founded in 1912, National Steel Car has been going strong for over 100 years. In this second century of business, they’re charging forward as energetically as ever.

 

National Steel Car has a reputation for making the highest quality railroad cars in North America. This company employs over 2,000 people, making it one of the most important businesses in the Hamilton, Ontario area. National Steel Car takes its responsibilities seriously.

 

CEO James Aziz sets that sense of duty and commitment to quality. He believes that if National Steel Car is to continue to prosper, he can never lose sight of his employees or the parent company, National Industries, and its goals. Under his leadership, NSC has flourished. For example, under Aziz’s leadership, NSC has been a frequent recipient of the TTX SECO award.

 

NSC has also become an important partner for a number of community organizations in recent years. They sponsor Hamilton Opera and the Theater Aquarius, among other groups. Everyone from the top down participates enthusiastically in food drives for the needy in Hamilton.

 

National Steel Car produces all kinds of railcars, and parts for them. By staying on top of technological advances, NSC makes it possible for manufacturers to ship goods and materials efficiently. Loading and unloading NSC cars is quick and safe. Additionally, NSC railway cars are engineered to prevent damage to goods as much as possible. There’s a reason this firm has such a reputation for quality.

 

Born in London, Ontario, Gregory Aziz is a graduate of Ridley College and the University of Western Ontario. Studying economics prepared him for the rigors of the business world. He entered the workforce in 1971. In spite of economic challenges in North America at the time, he helped grow his family’s fresh food importing business into a worldwide powerhouse. See This Article for related information.

 

After almost 20 years, Greg Aziz was hungry for more. During his time at National Steel Car, he has helped maintain and even improve business. He is widely viewed as a safe pair of hands for this legendary company’s legacy. Aziz is not only interested in business, of course. He’s devoted to his wife, Irene. Together they are proud sponsors of the Royal Agricultural Winter Fair and numerous other philanthropic endeavors.

 

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Gregory Aziz Upholds The Reputation of National Steel Car

Greg James Aziz holds multiple positions at National Steel Car. Gregory J Aziz is responsible as a President, CEO, as well as a chairman. As a top performing member of one of the largest freight car manufacturing companies he has led change throughout the rail car industry on a whole. National Steel Car boasts a long history of success when it comes to the best practices of both engineering and product development. They have contributed greatly to the way that North American railroads operate as well as the consistent differences in quality care as well as implementation standards. National Steel Cr was originally founded in 1912 and has been a large part of the movement towards new design standards for railroad and manufacturing.

 

Gregory J Aziz has continued this long legacy of success and has helped the organization maintain an open perspective about the way that innovation should take place. There were consistent results that have led to the development of National Steel Car as a multinational organization. They are based in Hamilton Ontario and have been in practice for well over a century. The quality standards that they have maintained as well as excellence in consumer relationships have set them apart from the rest when it comes to the innovation in this industry.

 

Numerous countries have followed suit after the development of National Steel Car. Overall there are a lot of ways that this organization has developed change and continued the progress of key ventures. Manufacturing and engineering practices have often been determined by the latest research and technology. As there are continual changes to what is possible, the need for up to date research in the railroad and rail car industries is key. Addressing this paramount goal has been one way that National Steel Car has created change that is both influential and valuable all around. Go Here for more information.

 

 

Gregory J Aziz has been particularly responsible for the progress and growth in recent times. This is because of the excellent progress he has experienced in manufacturing and other aspects of product development. He has allocated resources to help improve the research process while spear heading integrity in methods on all levels of business. For more than a decade NSC has been recognized by the TTX Supplier Evaluation Committee for supplier excellence. Furthermore, NSC is the only railcar manufacturer in North America to obtain a 9001 certification by the International Organization for Standardization.

 

National Steel Car is an industry leader and continues to propagate the best practices in engineering and institutional design. With ongoing changes that are both influential to employees as well as consumers, they have created unique standards of operation that are the best available today.

 

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Gregory Aziz and the Recent Industrial Success of National Steel Car

National Steel Car is a freight-car maker with more than 100 years of experience in the industry. Though the initial years were highly successful, the firm could not keep the momentum post-1950s and went down in the market due to lack of innovation and vision. Everyone started counting the company as one among a number of railcar makers in the industry as they did not think the possibility of a fantastic return. The freight car maker came back to the top spot under the leadership of Gregory Aziz – who assumed the leadership of the firm since he acquired in 1994. Aziz was determined to bring back the golden days of National Steel Car.

 

Gregory James Aziz revamped the company by giving a new vision and growth strategy. He largely depended on the engineering excellence, highest-level quality, highly-productive workforce, and more. Aziz added capabilities to both production plant and workforce by bringing modernization and right talent. It created excellent results, and the firm became the largest player in the industry in North America by 1999. Its capacity grew four-fold during the period, and the headcount of the company went five times. Since then, Gregory James Aziz and National Steel Car are the last words of North American Steel Car Industry.

 

It is interesting to note that the quality efforts of Greg James Aziz have paid the highest dividend for the company in terms of reputation and business. National Steel Car claimed ISO 9001:2008 certification since 1996 – the only player in the industry with the certification. Interestingly, it received many recertification’s for the highest quality level. It is also a regular winner of TTX SECO quality awards for nearly two decades. Greg Aziz is the most active proponent of innovation and asks his team to come up with something new every year for the clients.

 

Apart from quality efforts, Greg Aziz is also known for bringing next-gen safety implantation in the industry. Recently, when the Secretary of Transport of the United States and Transport Minister of Canada signed for the next-gen safety regulations, it was considered as the victory of James Aziz as he was the proponent of it for years. Interestingly, Greg implemented the safety measures in National Steel Car in 2014 itself by acquiring the latest equipment for the production plants, hiring expert professionals, and more. He understood that the diverse customer base of National Steel Car, from oil companies to chemical businesses, needed solutions with highest safety and quality. Read This Article for additional information.

Obsidian Energy Now Bigger and Better

The Obsidian Energy Company is a Canadian oil and Natural Gas Company located in Calgary, Alberta a region which is one of the largest petroleum reserves. It was formally known as the Penn West Exploration Ltd. The choice of the name got inspired by the nature of the obsidian. It’s a volcanic glass that typically forms and can be easily fashioned and honed. This choice got a ninety-two percent approval from the shareholders. The Pembina Cardium, Alberta Viking, and the Peace River Oil Sands are the primary production area, with an average of about thirty-one thousand barrels of oil per day, of the total production in 2017.

 

The name change that enforced on 26th of June 2017 from Penn West Exploration Ltd,  marked a new chapter in the annals of the corporation and the launch of the company’s guiding principles: excellence in industrial and financial decision making; innovation and pursuance of advancement; accountability and transparency with the bondholders, associates, and the immediate population. It has influenced every phase of the company’s business, redefining it and making it rise higher, leaner and more competent than ever.

 

The company is suitably positioned, endowed with the fitting assets, and proper accounts that make it possible for it to thrive even in the unproductive environments. Under the management of its new Chief Executive Officer, David French, Obsidian Energy has embarked on pursuing growth in the coming years and making the adjustment in the budgets where need be as well as regulating the oil and gas price. They aim at providing the right staging to deliver exceptional returns that will ensure not just the survival but also success as the industry keep of evolving.

 

Obsidian Energy has managed to reduce its net debt to three hundred and eighty-four million dollars compared to the three million dollars in 2013 by the selling assets, reducing the number of its employees and cutting on its production. The lawsuits against the company by the relevant investors got resolved as of last year. Additionally, Obsidian has also restructured to give intense focus to some four key production areas to ensure maximum production gets realized.

 

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Canada’s Obsidian Energy Upbeat About Strong Third Quarter Results

Top officials at Canada’s Obsidian Energy are reporting extremely positive results in its 2017 third quarter company report. Obsidian is an intermediate-sized gas and oil energy producer based in Calgary, Alberta.

 

Obsidian Energy CEO David French spoke in glowing terms about the production value of new wells sunk in an area known as the Deep Basin, a vast region comprising more than three million acres of land on the eastern side of the Rocky Mountains in Western Canada.

 

Obsidian only recently made its first foray into the Deep Basin — already the location of many other wells and assets owned by a variety of players in the energy industry. Obsidian Energy has worked hard to establish significant Deep Basin assets and is pleased with results so far.

 

Company officials say it has established three “Mannville Wells” which are currently producing a combined 2,000 barrels per day, and these have the added value of a robust liquid rate of 60 barrels of oil equivalent per million cubic feet. This value was far greater than predicted for the wells and will have a positive effect on cost-benefit ratios.

 

Other Obsidian Energy projects are also showing remarkable performance and promise. These include working sites in Cardium, Alberta Viking, and Peace River. With the help of these wells, Obsidian officials predict 2017 production will come in at the “high end’ of the 31,500 goal it set for the year.

 

Obsidian forecasts a 5% production growth rate for 2018 while limiting investment to 80% of “Fund Flow” operations. Of course, the better commodity prices play out, the more attractive the numbers get, but even if prices remain relatively stable at current levels, the outlook is excellent for 2018. Get More Information Here.

 

The Obsidian Board has established a $135 million budget for 2018 based on the assets of the company’s portfolio. Obsidian is determined to implement maximum efficiency in terms of production, methods and practices so that maximum gain is garnered from all operations.

 

The bottom line is that Obsidian Energy third quarter numbers has the remainder of 2017 and 2018 looking bright for this scrappy, highly competitive energy company.

 

See Also: https://globalnews.ca/news/3481168/penn-west-proposes-name-change-to-obsidian-energy/

Gregory Aziz: The Visionary of North American Railcar Industry

Gregory James Aziz is known as the visionary of the North American railcar industry due to a number of factors. He is the Chairman and Chief Executive of the largest player in the industry, National Steel Car. Greg Aziz helped the firm in innovation and professional excellence that made widespread changes in the whole industry and innovation stamped on all the players in the railcar sector. Though National Steel Car was a prominent player once, it lost the top spot in the later years, but Aziz brought the freight car maker to the pole position in a quick span of time through his inspirational leadership.

 

James Aziz is also known for all the technology, safety, and business strategy initiatives in the industry. For instance, he was the biggest proponent of next-generation safety initiatives in the industry for decades. This is the reason when there was an adoption of North American harmonized regulations by the governments of Canada and the United States, Gregory James Aziz immediately welcomed and confirmed that stronger and safer freight cars are needed for transporting various chemicals and inflammable liquids. He also confirmed that the esteemed customer base of National Steel Car needed clarity on the matter, and the regulation helped them to understand and changing needs.

 

Interestingly, Gregory James Aziz had already started his works to lay the next generation railcar safety options by 2014 itself. With the mission, National Steel Car hired nearly 1,000 professionals and ramped up investments in plant equipment. The results in the later years showed that the investment stroke gold for the company. It increased safety and productivity of the firm and helped the business to contribute better environmental footprint for the continent. Interestingly, the move also helped the firm to grab customer appreciation, as a significant number of its customers were demanding rail tank cars with highest safety solutions. The company started producing the tank cars with the latest safety regulations by the end of 2015 when it was still in papers for the government and other players in the industry. Read More On This Page.

 

Greg Aziz was born in Ontario in the year 1949 and completed his education from the University of Western Ontario. He started with family food business and expanded its sales as well as inventory network to capture new markets. In 1994, Greg acquired the freight car maker and made the firm the industry leader within five years. He ensured that the business is coming with the best quality railcars in the industry. Currently, the firm is an ISO 9001:2008 company – the highest quality certification in the industry.

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How Gregory Aziz Changed the Steel Car Industry

Even when National Steel Car was in its prime time, it did not perform as well as what it currently is performing. There were many ways for companies to make a difference in the rail industry. Instead of Gregory Aziz trying to do the same things as other companies, he chose to go his own way. It helped him make the right choices for National Steel Car and is the exact reason he knew what he would be capable of doing when he was running the company in a better way. It also allowed him the chance to make sure his company was successful.

 

Even though James Aziz had been a business person for years, he did not have any type of experience as someone who was able to work in the rail industry. For this reason, purchasing National Steel Car was a huge risk for Gregory Aziz. He knew it would be worth it, though, because he was going to use his business skills to improve the company. Without his help, National Steel Car would have failed, and it would have been a company that most people were unable to recognize because of the complete failure.

 

When Gregory J Aziz first purchased National Steel Car, there was a lot of work he had to do. He had to make sure the company was going to survive the tumultuous time they were going through. He took the steps necessary to prepare the company for the changes and started working on how he was going to improve it in the future. By taking his time and taking the appropriate steps, Gregory Aziz was prepared to have a successful company in the future. Part of what he was doing would give him the opportunity to make money from the company.

 

National Steel Car grew under Greg Aziz. He knew just what he needed to do to make the company profitable. He worked hard to come up with ideas to show people they could use National Steel Car. He made valuable connections with other companies, so they would continue using National Steel Car. In addition, Greg Aziz secured the company, so it would not have to deal with an almost-failure again in the future. The company received TTX SECO award for quality, for over a decade. ISO have recognized the growth of the company awarding it the ISO 9001:2008 certification. Gregory Aziz knew that by doing this he was giving the company a chance at success but also himself a chance at success through the steel car relationships he was building.

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Penn West Petroleum Ltd. Renamed Obsidian Energy

Obsidian Energy is a Canadian oil and natural gas producer with a daily production capacity of about 30,000 BOE. The company’s head offices are in Calgary, Alberta. The company was previously known as Penn West Petroleum Ltd. until June 2017 when the shareholders agreed on the change of name to Obsidian Energy.

 

Management

 

The company is headed by David L. French who acts as the president and CEO. French previously worked at Bankers Petroleum Ltd. as the president and CEO. David Hendry is the company’s chief financial officer while Tony Berthelet serves as the vice president, development and operations. Andrew Sweertsis the firm’s vice president, production and technical services, while Mark Hodgson serves as the vice president, business development and commercial respectively.

 

Penn West Shareholders Agree on Change of Name to Obsidian Energy

 

On June 25, 2017, 92 percent of Penn West shareholders voted for the adoption of Obsidian Energy as the new company name. According to the company’s CEO Dave French, the name obsidian was considered because of the volcanic glass’s capacity to be “sharpened and honed.”

 

Obsidian’s growth strategy in the next three years will be based on adjusting spending to reflect the changes in oil and gas prices. In the midst of hard economic times, the company has relied on asset sales to cover huge debts. The company also plans to concentrate on four important production areas, down from 30.

 

Besides, there are plans to reduce the wage bill. This will be achieved by reducing the number of employees from 1,400 to around 300. Furthermore, the amount of oil produced in a day will be reduced from 135,000 barrels to approximately 28,000 barrels.

 

Over the years, the company has undergone various important changes. These changes have touched almost every aspect of the company. The company has been redefined regarding its future. As a result of these changes, the Obsidian Energy has become stronger and more productive than ever before. Get More Info Here.

 

Environment and Giving Back to the Society

 

Obsidian Energy is sensitive and concerned about the surrounding communities and the environment. The company’s Community Matters program provides an opportunity for its employees and contractors to interact and communicate freely with the people around. The company also ensures it has met all the required environmental regulations.

 

 

See Also: 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&

Regaining Lost Glory: Obsidian Energy

Obsidian Energy Ltd. is a middle-sized Canadian-based oil and natural gas production firm. It is based in Calgary, Alberta, and was previously known as Penn West Energy Trust, Penn West Petroleum, and Penn West Exploration Ltd. The name change took place in June 2017 as the last step in their transformation.

 

Obsidian Energy officially began a new chapter in their long and illustrious history where they will guide the company on three principals:

Disciplined, commercial, and technical decision making. This will help build and protect the enterprise value.

 

A relentless pursuit of innovation and progress.

Transparent and accountable efforts with partners, shareholders, and communities in which they operate.

 

David French, the President and Chief Executive Officer, stated that due to Obsidian Energy’s strategic positioning with the right assets, a prudent hedging strategy and a healthy balance sheet, the company is well within its means to set a standard for performance even in environments that are lower priced.

 

Obsidian Energy wants to be nothing like the old “Penn West.” Having survived high debt levels as well as an accounting scandal, coming out from of the four-year rollercoaster deserved a fresh start. The lawsuits that were brought about by the accounting scandal were all settled last year, and the net debt was reduced to $384-millioin as of March 31, 2017, compared to the outstanding $3-billion that would have crippled the company in 2013. The asset sales allowed for the debt reduction as well as sharpening its focus to four key production areas, down from 30. Employee count reduced from 1400 to 300. In that same period, the production received a huge cut from 135000 barrels to 28000 barrels.  Get More Info Here to learn more about the company.

 

The future is bright for Obsidian Energy. Tough decisions had to be made. Obsidian Energy is set to regain its former glory without the scandals that graced Penn.

 

Related: https://globalnews.ca/news/3481168/penn-west-proposes-name-change-to-obsidian-energy/

Meet Gregory Aziz, The Go-Getter

National Steel Car is a freight rail car manufacturing company which has been in existence since 1912. However, in 1994, the company was purchased by Gregory Aziz who is the Chief Executive Officer and the president of the company. National Cars Company is based in Ontario in Canada, but it has rolled its services to the United States of America. Since Gregory J. Aziz took control of the company, it has become one of the top brand names in the country and has produced machinery for the trains used in the country. Having run the family business for an extended period, Gregory J. Aziz knows well how to run the company. His family’s firm was involved in food importation from around the world and exporting to markets around Canada and the United States. Click Here For More Info.

After working for a while, Greg Aziz decided to take up other jobs, and that was when he joined the finance sector between late 1980’s and early 1990’s. It was while working in New York at one of the top companies that he made a name for himself and encountered National Steel Cars for the first time. National Steel Cars Company was undergoing a transition, and Gregory Aziz helped the company expand its business to the United States. In 1994 Gregory James Aziz assisted in the purchase of the National Cars from Dofasco and became the Chief Executive Officer and the president. He has since then transformed the company into an award-winning and to the top producer if railroad freight cars in North America. National Cars Company is the only company awarded ISO 9001:2008 and also holds the highest quality award of TTX SECO thanks to the leadership of Greg Aziz.TTX SECO is given to a company that produces high-quality products. For over a decade, National Steel Car has been given this annual award, back to back.

 

Gregory James Aziz believes that all these achievements have come about through the efforts of the whole community and that is the reason the company he has sponsored various Hamilton community-based projects through the company and also his wife. It includes the Salvation Army, the Hamilton Opera, the United Way and Theatre Aquarius among others. The company also hosts all its present and former employees and their families to the annual company’s Christmas party each year. Greg and wife Irene are the sponsors of the most prominent trade fair in Canada, the Royal Agricultural Winter Fair. Related: https://www.behance.net/greg-aziz