Gregory Aziz: The Jewel of World Manufacturing

National Steel Car is one of the biggest and best achievements titan Gregory James Aziz has every accomplished. It stands as a monument to his ingenuity and focus. Greg Aziz, or as he is sometimes called James Aziz, began his life in London, Ontario on April 30 of 1949. He was born into the very focused family behind Affiliated Foods. Aziz knew that when he grew up, he wanted to go into business for himself. This influenced his education because after he attended Ridley College, he majored in Economics at the University of Western Ontario. This education, as well as his family experience, helped create a star in the manufacturing industry.


Though Aziz wanted to go out on his own, he started at Affiliated Foods. While there he helped grow the company to become a leading importer of fresh food. They would import from locations such as Europe, South America, and Central America. This early success solidified his work and after 16 years with Affiliated Foods, he decided that he was ready to make something for himself. He began spectating opportunities to find something that would match his goals perfectly, that was when he found National Steel Car. Dofasco had decided to sell the company and in 1994 Aziz bought it from them.


The company had been a great freight car manufacturer in its day, it enjoyed a wonderful reputation and for many was even seen as a national treasure. While James Aziz wanted to preserve that history for the company, he did not want to ride on past successes. For him, this new venture was about proving himself and National Steel Car as the innovators they had the potential to be. He started looking at the manufacturing process and increased the workforce. The company only had 600 employees when he started, but Aziz grew that to almost 3,000.


Today, National Steel Car is one of the world’s leading railroad freight car engineering and manufacturing companies. It has put itself back on the map and earned the darling reputation it has enjoyed over the years. The company can produce over 12,000 cars a year, a substantial difference from the 3,500 it previously created. This increase has not caused a lack of quality. National Steel Car has held the TTX SECO highest quality award for their products since 1996. They are continuously adjusting their products to be sure that they always come out on top. National Steel Car is not only productive but a jewel in world manufacturing thanks to Gregory Aziz. Read This Article for additional information.

How Gregory James Aziz Transformed National Steel Car

National Steel Car is a railroad freight car manufacturing and engineering company based in Hamilton, Ontario. Gregory J Aziz is the man at the pinnacle of leadership at the company. He was born on April 30, 1949, in Ontario London. He went to study at Ridley College and then went to the University of Western Ontario for his major in Economics.


Immediately after school, Greg Aziz started his path to success in their family food business, Affiliated Foods. He assisted the company to become a renowned importer of fresh foods in the world especially in South, and Central America and Europe. Most of the commercial raw foods markets in Eastern Canada and the United States depended on supplies from Affiliated Foods.


After working in the family business and seeing its transformation, James Aziz left London to seek new challenges in New York. Greg worked for various investments firms but later found himself with an opportunity to own a business. Gregory j Aziz was able to acquire National Steel Car from Dofasco, with an objective of introducing a once successful Canadian engineering company into the North America’s freight car manufacturing industry and reclaim its lost glory. Through a substantial capital investment and increase in the number of employees from 600 to 3000, the company was able to raise its manufacturing capacity from a minimal 3500 freight cars per year to 12000 per year. James Aziz was able to maximize National Steel Car’s capabilities by encouraging teamwork, innovativeness, and hard work. Click Here for additional information.


National Steel Car now tops the list in the railroad car industry. Its persistent chase for excellence in manufacturing and engineering has enabled the company to build new more advanced railroad freight cars every year. It is the only freight car manufacturer in North America that has received ISO 9001:2008 certification.


Gregory Aziz is also a philanthropist and is committed to charitable works. Together with the family, they sponsor the Royal Agricultural Winter Fair, Canada’s biggest and most attended agricultural fair. National Steel Car is part of the Hamilton community and thus gives back to it. It sponsors the Salvation Army, Theater Aquarius, the United Way, the Hamilton Opera and other local charities. Every year during Christmas, led by Gregory Aziz, National Steel Car organizes a party for the employees and their families; they also conduct a massive food drive for local food banks.

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Obsidian Energy Contends in a Competitive Oil and Gas Exploration Industry

Obsidian Energy produces gas and oil and is an intermediate-sized company. Its portfolio consists of high-quality assets that total up to 3000 boe a day. The company believes that its approach is the right one for delivering expected results for customers. Obsidian is also proud of its entrepreneurial spirit that allows it to succeed, thus far, in a highly competitive industry.


Obsidian Energy views itself as a company that operates from a base of discipline and passion to provide customers and shareholders with steadfast accountability. The company also takes into consideration its impact on the environment and communities in which it conducts operations.


Obsidian Energy was originally known as Penn West Petroleum Ltd. It changed its name to Obsidian Energy on June 26,2017. The company made numerous changes as Penn West Petroleum. Obsidian has several subsidiaries including Canetic Resources Trust, Endev Resources Partnership, and Sifton Energy Inc. Currently, the company has approximately 300 employees on staff. Those changes have brought the company to where it is today. Smart changes allow for the company to grow and maintain market share in an industry where players can quickly be eliminated for under performing.


Health and safety are also critical elements of the company’s mission. The company designs its programs and operations to protect itself and the environment. Obsidian’s management team commits all employees to safety training and operations improvement. Go To This Page for related information.


One way to survive the competitive landscape of today’s oil and gas industry is to take full advantage of sensor proliferation, big data, reality modeling, asset performance analysis, and 3D technology. This is all with respect to declines in oil production, cutbacks, and price changes across the industry.


Oil and gas companies must make exceptional use of technologies and processes that can keep them above water. This will aid them in staying agile and innovative even in challenging times. the likely trend will be more CEOs and CIOs working together to share information, knowledge, and even digital advancements. Obsidian Energy should continue to make an industry impact well into the future.


Obsidian Energy’s Rebirth – How Did It Come By?

On the 26th of June 2017, Obsidian Energy Ltd came to be. Its name changed from Penn West Petroleum. Other than having a name change, the stock symbol was replaced with “OBE” on both the New York Stock Exchange and the Toronto Stock Exchange. These changes however did not require the stakeholders to make any changes with respect to the change.


According to David French, who is the President and Chief Executive Officer, the name change was a final step in the transformation that started a new chapter in their story. This new chapter bases the company on three principles; transparent and accountable efforts with partners, shareholders and the communities that they operate in; disciplined commercial and technical decision making that will not only build but also protect enterprise value; continuously pursuing innovation and progress. Obsidian Energy definitely is positioned well with the right assets, a prudent hedging strategy and a healthy balance sheet. This puts the company in a unique position to set a standard for performance in both high and low-price environments.


Other than the being a part of the name change, shareholders were involved in the process of approving all resolutions that were outlined.


Obsidian Energy was previously known as Penn West Exploration Limited, Penn West Energy Trust and Penn West Petroleum. It’s an intermediate-sized Canadian natural gas and oil production company that is based in Calgary, Alberta. Its portfolio is well-balanced with high quality assets producing an average of 30000 boe daily. Obsidian is committed to providing the right platform and delivering bottom-line results. The revamping brought with it a refocus on evolving and succeeding in the industry.


The President and CEO David L. French joined Obsidian Energy towards the end of 2016. Before assuming his position at the company, he was the President and CEO of Bankers Petroleum Ltd., which is a publicly –traded oil and gas company based in Calgary with has operations in Southeastern Europe. The rest of the management team consisting of David Hendry, Tony Berthelet, Andrew Sweerts and Mark Hodgson are working together to ensure that Obsidian Energy reclaims all the glory it is due.


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The Emergence of Obsidian Energy

The oil and gas industry is a highly competitive component of the global economy and companies can find themselves in a serious profit margin decline when cash flow minimizes. Many times, corporations with these types of problems eventually must close the doors on the operation. But, some corporations are actually positioned to make a return or morph into a new entity with a new direction and corporate mission. That is exactly what happened to Penn West Oil of Canada, an energy company that found themselves in a bad financial situation over the past decade. Today what once was Penn West is now named Obsidian Energy, complete with a new energy focus on how the company will conduct business going forward.


Penn West Petroleum was once upon a time a company with a clearly imbalanced financial statement. They were heavily over-leveraged with debt with input revenue that could not sustain the former operating model. It was obvious to the shareholders that changes must be made in order to protect their investments, and that is exactly what happened. The transition has now progressed to renaming the company Obsidian Energy after wholesale changes within the upper-level corporate management team. Obsidian brought in some new young talent such as new CEO David French, who has significant experience in the energy industry, and began the process that has resulted in a leaner corporate structure and a stable balance sheet. Get More Information Here.


The new management staff at Obsidian immediately set out on reducing debt by selling off as many corporate assets as possible and applying those proceeds to reducing liabilities. At the same time, they reduced the number of company employees and production was focused on four specific high-yield segments of the company business that indicated solid promise of future growth. They previously were offering over 30 different products. That is exactly where Obsidian Energy sits today. The legacy issues associated with Penn West are now settled as the company has also built significant cash flows high enough that the company can continue production using on-hand capital instead of reverting to the borrowing cycle that Penn West had found themselves utilizing just a few years ago.


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Gregory Aziz, National Steel Car: ‘Carry That Weight’

Gregory (“Greg”) James Aziz was born on April 30, 1939, in London, Ontario in Canada. He is a businessman who knows about American freight and passenger carriers. Aziz is currently the president, chairman and chief executive officer (CEO) of National Steel Car.

National Steel Car is a company focused the engineering and manufacturing of railroad freight cars. It is headquartered in Hamilton, Ontario in Canada. The business is well known in the industry.


Not much is publicly known about Aziz’ family background. He did, however, follow up his secondary education with college. He went to Ridley College.


He also attended the University of Western Ontario. There he majored in Economics. Following graduation in 1971, he took a job with the Affiliated Foods Company. Launched in 1968, AFC sells wholesale groceries and is presently one of the major importers of fresh food. The business imports goods from Central America, Europe, and South America.


Sometime In the late 1980’s Aziz relocated to New York. There he was employed as an investment banker. By 1994 he was able to garner great wealth.


He purchased National Steel Car from Dofasco. His main objective was to make his newly acquired company the leading railroad freight car manufacturer in all of North America. He would make the company famous.


The business’ engineering capabilities truly blossomed under Aziz’ leadership. He put most of his money into human resources and ramping up the company’s manufacturing capabilities. As the 1990s closed, the business was manufacturing 8,500 more cars than when he purchased National Steel Car.


Aziz has a reputation as someone who strives for perfection. Thanks to his efforts, National Steel Car has received a number of different awards throughout the years. National Steel Car is reported to be the only railcar company in North America to have ISO certification. Since 1996 the business has been awarded the TTX SECO highest quality annual award.


Despite some of the futuristic ideas now employed by National Steel Car, Aziz and company still remain true to such time-honored values as maintaining good relationships with suppliers, remaining loyal to their customers and acknowledging the value of the venture’s 2000-plus employees who construct the high-quality rail cars that the business prides. See This Page for more.


Aziz and National Steel Car are also involved in their community. Aziz and NSC sponsor a number of community-based projects and charity efforts. They give to such organizations as Theater Aquarius, the Hamilton Opera, and the Salvation Army.


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