Category: Canada

Gregory Aziz Runs National Steel Car Into the Future

The trains are still running. People have long since abandoned trains as their primary source of transportation, but resources haven’t. Whether it’s the coal that is powering your home or the wood that’s supplying you with toiletries, transportation of resources is important. Trains are still a foundation of transporting goods.

Outfitting trains, building steel compartments, navigating railway systems, all of these things are difficult. Add to this the transportation of dangerous things like flammable gasses, and you are in for a difficult and complex business. National Steel Car is one of the biggest companies that is involved in this challenging industry. Based in Hamilton, Ontario, National Steel Car has been working on trains since 1912 under the name Imperial Steel Car.

The CEO of National Steel Car — Gregory James Aziz — is one man who is riding the tracks of transportation and pushing changes along with him. For the last 24 years, Gregory Aziz has been transforming National Steel Car into a world-leading railroad freight car engineering and manufacturing company. If you use any flammable liquids, you can bet it was Greg Aziz’s company that was responsible for building safe and reliable transportation units.

 

With over 100 years of excellence and quality in their field, National Steel Car was already an established company when Gregory took the reins, but under his guidance, the company has fostered into a force in the industry. Greg Aziz took over when the company had just 500 employees and grew it into a 3,000-employee strong rolling stock empire. With over 12,500 railcars made every year, National Steel Car isn’t looking to slow down.

 

Since 2014, National Steel Car has hired more than 900 new employees, as well as made significant investments into their plants, which is important when you are responsible for the transit of everything from coal to explosive materials. These new employees weren’t just a necessity due to National Steel Cars booming business, they are also part of Greg Aziz’s plans for the future. National Steel Car is trying to lower their carbon footprint while increasing rail tank car safety. View Additional Info Here.

 

It’s expensive for large steel plants to reduce their environmental footprint and focus on increasing safety regulations, but National Steel Car thinks that it’s a worthwhile investment. Gregory thinks that a commitment to the environment, safety, and quality, will lead to lifelong satisfied customers. Gregory must be on to something, because National Steel Car is one of the last remaining rolling stock companies in Canada, and business is booming.

 

Related Article: https://ca.linkedin.com/in/gregaziz

 

A Future That No One Could Predict

No one has the power to predict the future.

 

Tomorrow and the next few seconds are all up to chance. There are, however, investments you can make that build off existing realities and information you can extract. Finding your best bet is not about seeing exactly what the future has in store for you. Your best bet is the greatest option you have after analysis.

 

We bring attention to this concept because of the stunning performance of National Steel Car as led by Greg Aziz. This agency sets the standard for rail-car manufacturing in the United States and Canada. The agency leverages a giant brand and more business than any one person can handle. Greg bought National Steel Car on what felt like a sure bet.

 

 

Making Steel Out Of History

 

The foundation of Greg’s strategy is the power of steel. After the many years of industrial expansion that we’ve seen, steel continues to hold its place as the major compound of industrial development. This compound builds buildings, constructs automobiles, protects homes and becomes the cargo-cars of National Steel.

 

The agency produces a competitive line of railcars that work by the power locomotion and the strength of steel. Greg saw his investment in National Steel Car as an opportunity to revolutionize the placement of steel in the Northern territories. This vision becomes a reality that brings National Steel Car’s name well into the highest levels of corporate business.

 

The company received TTX SECO award for quality, for over a decade and recognized the growth of the company awarding it the ISO 9001:2008 certification.

 

The Work-Day Of Gregory J. Aziz

 

The CEO, chairman and president of National Steel Car is Gregory J. Aziz. The brilliance this professional showed as a young man marked his destiny in the business world. He learned the business perspective and its cycles at an early age. Every entrepreneur has to learn about the difficulties of creative ideas and innovate solutions. See This Article for additional information.

Learning these lessons enabled Greg to be the perfect candidate who would expand what was thought of as peaked. The triumph of Greg led to National Steel Car controlling the business market in the Northern countries and earning more money for National Steel Car in the end. This is the legacy of one businessman that becomes the name of one amazing brand.

 

Read More: https://www.steelcar.com/

Obsidian Energy Changes Strategy

The oil industry is changing quickly in Canada. New technology allows oil companies to drill in new areas. Obsidian Energy is one of the largest oil companies in Canada. Obsidian has made numerous investments in new technology over the past few years.

 

At one time, it looked like Obsidian Energy was going to go bankrupt. In the last crude oil crash, many oil companies did not make any profits for several years. Obsidian Energy did not have a significant cash reserve, and the company had to sell land to other companies.

 

A new CEO recently took over Obsidian Energy. Since she became CEO, the company has increased both sales and profits. Many people believe she is doing a great job.

 

New Business Opportunities

 

Obsidian Energy is a unique oil company for several reasons. The company also produces solar energy panels for people to use. Most oil companies do not offer alternative energy services. The leaders of Obsidian Energy see the potential for solar power in Canada. Many people in Canada are willing to pay more for clean energy.

 

Over the next few years, the leaders of Obsidian Energy want to expand the solar energy program. Solar power is one of the fastest growing industries in the world. Get More Information Here.

 

New Oil Drilling

 

With new technology, Obsidian Energy can drill for oil in new locations around the world. Drilling for oil can be a long and challenging process. Companies experience fluctuations in both sales and profits in the oil industry.

 

Obsidian Energy’s oil fields are located in Alberta, along the Western Canadian Sedimentary Basin. This region is one of the world’s largest petroleum reserves.

 

With the growth of the company, some people expect Obsidian Energy to buy another company in the future. Acquiring a smaller company is a proven strategy to generate profits in the oil industry. The leaders of Obsidian Energy are excited about the plans for both oil and solar energy.

 

Learn More: https://finance.google.com/finance?q=NYSE:OBE

The Tycoon of the Year: Gregory Aziz

Only a handful of business tycoons come around in a lifetime, and many of us never really know they are here until they have passed on. Sure, we might hear about CEOs that are successful, but we rarely hear about the tycoons that have changed their industries. One of these tycoons that deserves recognition is Gregory James Aziz.

 

Gregory J. Aziz was born in Ontario and attended the University of Western Ontario, where he graduated with his degree in economics in 1971. After school, he was hired at his family’s food distribution company, Affiliated Foods, where he got his first taste of business. It soon became clear that Aziz had a knack for business and making strategic decisions. During his 16 years at the company, Greg Aziz singlehandedly brought in several new suppliers from South America and expanded distribution into the United States. Thanks to Aziz, Affiliated Foods became known across North America as one of the best distribution companies around. Just two decades before, Affiliated Foods was only known in Ontario.

Using this momentum, Aziz decided to become an investment banker and take a break from running a business for a while. After a few years, however, Aziz realized that business was where he belonged. Even though he had made a lucrative living in investment banking, it was not what he ultimately wanted to do. With his earnings from the past few years, Aziz purchased National Steel Car in 1994, where he installed himself as the CEO.

Once again, Greg Aziz was making excellent decisions for the company. National Steel Car hit a slump in the past several decades, and customers stopped purchasing railcars from this company because they were simply too low in quality to meet safety standards. Aziz revived the engineering department at the company and poured money into new capital projects to make the new designs a reality. He increased production capacity by nearly 300 percent and hired thousands of workers to help deal with this increased demand. Gregory Aziz also singlehanded went to railroads in the United States and created new and lucrative contracts, bringing National Steel Car’s business to an international level. Go To This Page for more information.

 

Now National Steel Car is one of the only rolling stock companies left in North America. It makes a profit every quarter, and it has earned quality awards for its production practices for the last 20 years. As long as Greg Aziz is at the helm of any business, his abilities as a leader will show through and the company will be sure to have a bright future.

 

Learn More: https://www.steelcar.com/Greg-Aziz-welcome

Obsidian Energy Ltd. Strive To Rise Again

Obsidian Energy Limited is an intermediate-sized Canadian Oil and natural gas producer. It is located in Calgary, Alberta. Today the company produces about 30,000 barrels daily, which is due to their high-quality assets, not to mention the company’s well-balanced portfolio.

 

Previously Obsidian Energy Limited was known as Penn West Petroleum Limited or rather Penn West Energy. The name was changed to Obsidian Energy Limited in 26th June 2017, after serious deliberations with the shareholders, who finally approved the change. This was to compliment the many important changes the company has been implementing since 2014, after the financial scandal that hit the company.

 

Since the founding of the company in 1979, the company has known an upward rise to a point that it was among the top largest companies in the stock exchange of Toronto. In 2008, Obsidian Energy has already gotten to a peak market capitalization, going for a net worth of $9.5 billion, approximately.

 

In 2013 and before, Penn West had over 2000 employees and a production of over 135,000 barrels in a single day.

The problem started when a fraud was discovered in the company in 2014. an accounting irregularity of $381 million in 2012 and 2013 was revealed by some preliminary findings. With the help of the US and Canadian regulators, investigations were carried, reviewing records of as far as 2007. this lead to a huge debt crisis of almost $3 billion, and a crash of commodity price.

Under the leadership of David French, the company’s CEO, since 2014, Obsidian has made remarkable progress, which has seen the company rose over the financial crisis to where it is today. Though the company had to cut down its employees to 400, and also stop paying dividends, it has almost gained its stability back. Obsidian has been able to settle its $3 billion debt, as it were at the end of 2013, remaining only with less than $384 million, which was achieved through the sale of the company’s assets. Click Here to learn more.

 

The now totally transformed oil producer has employed prudent hedging strategy, acquired the right assets, and a healthy balance sheet, all aimed to make the company achieve standard performance.

 

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

Obsidian Energy: Building A Better Tomorrow Via Oil Production

Natural resources can be very hard to come by in most cases. These resources must be extracted from deep inside of the earth’s crust. Without natural resources, the world would literally come to a complete stop. There are numerous companies that specialize in this field of work, and one of the best is located in Calgary, Alberta, Canada. Obsidian Energy has been around since 1979, and it has been delivering bottom-line results to the highest degree. This just so happens to be an intermediate-sized oil and gas production company. Though it may not be the absolute largest oil and gas company, it is very productive thanks to producing an estimated 31,000 bbl per day. Get Additional Information Here.

 

Obsidian Energy is actually headquartered in Calgary, Alberta, but its lush oil fields are located throughout the Western Canadian Sedimentary Basin. This sedimentary basin is also one of the biggest reserves of petroleum on earth. This company is very professional in its daily actions, and it retains its core values and principles. These principles just so happen to be:

 

  • To Build & To Protect Enterprise Value
  • Retain Accountable & Transparent Efforts
  • Staying Connected With All Parties & The Community

 

It would be very hard trying to find another oil and gas company that is as structurally sound as Obsidian Energy. Trying to succeed in this demanding field can be very tough. Obsidian is very passionate in its craft as well as being very disciplined. This company does things by the books to achieve its main objectives. Some of the biggest news that’s coming out of this industry is that this company has underwent a change of name. On June 26, 2017, Penn West changed its name to Obsidian Energy. It’s like getting a fresh start to some degree, but the best in oil production is yet to come.

 

See Also: https://www.obsidianenergy.com/

Gregory James Aziz is the Brightest Business Mind of the Century

The rail company National Steel Car has been dominating their sector for the past 100 years. This is because they have been led by a wise and efficient Chief Executive Officer by the name of Greg Aziz. The very fact that he led this business into the next century has gained him wide respect within the business world. But many are asking, how did he do this? What was it that allowed National Steel Car to not only become more efficient but also to innovate to the point that they were outgrowing the competition by 20% a year?

 

National Steel Car’s change begins with Greg Aziz’s education from Western University. By attending this Ontario school, he was able to gain the knowledge necessary to lead a business during the most difficult times. It was three core truths, which he learned at the University, that allowed National Steel Car to continue on into the millennium.

 

The first core truth that was implemented was the truth that a company could never stop innovating. Greg Aziz understood that innovation creates the stream of the company’s profit. Innovation is the river of money that flows into the lake of the bank account. The moment a company stopped innovating and creating new products is the moment that company was defeated by its competition.

 

James Aziz ensured that innovation occurred by moving millions of dollars into Research and Development. At first, the executives thought he was crazy. They were already making enough profit as it was. There was no need to change things, or so they thought. However, Greg Aziz understood that times were changing and if National Steel Car did not change as well, then the entire company was going to sink.

This innovation produced a newer rail car that used 90% fewer gas emissions and was able to travel 75% further and 50% faster. This was a home run for the company. (View Source: https://www.behance.net/greg-aziz).

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The second core truth that Greg implemented during his time at National Steel Car as CEO was to strengthen the foundation of any business; the customers, the suppliers, the workers, and the executives. To the customers, he thanked them for their loyalty over the years. To the suppliers, he guaranteed them future profit for staying with National Steel Car. To the workers, he increased their pay and 401ks. To the executives, he trained them all to one day take his job. Click Here for more information

Great work of Gregory James Aziz at National Steel Car

Gregory James Aziz is a great businessman who has demonstrated his skills in many ways. One of the factors that have boosted his profession in the field of business is his early exposure to management by the family and his education as an economist. Greg is the standing CEO of the National Steel Car which deals with the production of the railroads. Aziz expertise as an excellent manager has propelled the company to the higher position and earned it the best in the production of the railroads. Furthermore, his skills as an economist have made him managed the finances of the company with ease. His hard work is proved by the extent to which the company his operation at now.

 

1909308_1405440073054185_660900271_oHe has expanded the boundaries regarding marketing and opened various branches in different parts of Europe and America. All the branches that are located in different places are managed centrally at the head office of the National Steel Car which is located at Hamilton, Ontario. The move that the company made in opening up branches all over America and Europe has made the marketing of its products easily. Additionally, the National Steel Car has had a chance to reach out to the new clients with their products. The company received TTX SECO award for quality, for over a decade.

 

The main headquarter of the National Steel Cars is in Hamilton. This is the point in which different operations which pertain the various branches are presented and analyzed. There is team of experts that are specialized in different fields and aid in the analysis of the data and the moves that the company can take to improve the sales of its products. The group of experts has placed the company at a vantage position over its rivals and helped achieved most of the set objectives. James Aziz as the CEO of the company is the one who was behind all the ideas that have made the company reached the required niche. He is known to be determined person. Aziz studied at his home country and later joined the Western Ontario University where he pursued Economics.

 

Greg James Aziz gained the skills of leadership at his tender age when he was part of the team that was operating the family business. He demonstrated his ability in management and rose to the level of manager. His achievement at this point is traced when he expanded the sales of the business from local to international export. Go Here to learn more.

 

As a matter of fact, Greg James Aziz has achieved a lot as the CEO of the National Steel Car.

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

 

The Rebirth of the Obsidian Energy

The Obsidian Energy was previously known as Penn West Petroleum which is a mid-sized energy production company found in Canada. After the company changed its name, David French took the place of a CEO of the company who has worked for hand in hand with the shareholders to bring the best out of the Obsidian Energy Company. No developing business does not incur losses, the Obsidian Energy has taken various risks and attained some injuries, but one thing that David believes is that the moments of losses are the ones that help a company grow. It’s out of this slippery moment that the company has developed the muscles to be resilient and outdo many energy companies.

 

Before Obsidian Energy started a new page the shareholders together with the staff came along and came up with some values that were meant to keep the company on track. The first value was, making well-organized technical and financial choices. This principle will help to reduce overflowing of additional debts. The other value is to create and defend business values. The final policy was to pursue progress and creativity at the same time promoting transparency with their shareholders, clients and the community they are operating. Those are the three main principles that have enabled the Obsidian Energy to withstand any crisis that has come on its way.  See This Article for learn more about Obsidian Energy.

 

Currently, the energy company has a well-balanced sheet and a sensible strategy that will make the company to set a high standard of performance including the environments that offers lower income. Obsidian has several subsidiaries including Canetic Resources Trust, Endev Resources Partnership, and Sifton Energy Inc. Currently, the company has approximately 300 employees on staff.

 

The name Obsidian got coined from a type of precious glass produced by volcanoes that is tough and can sharpen very quickly. This title was meant to be symbolic, in real sense Obsidian Energy company have stood firm even in its difficult moments and finally it has regained its balance and has had its way through the market. It has grown to be the most dependable energy company in Canada and the United States. The main aim of the Obsidian Energy is to diversify their market to make it less risky and more profitable and secure.

 

Source: https://www.obsidianenergy.com/

Obsidian Energy, Oil and Gas Producing Company

Obsidian Energy is natural gas and oil producing company. This mid-sized oil company is headquartered in Calgary, Alberta. Its major extraction points at the Peace River Oil Sands, the Pembina Cardium and the Alberta Viking. The company was previously called Penn West Petroleum but got the new name Obsidian Energy in June 2017.

 

The company makes a considerable profit from its several investments in the oil company and its abundant production of 30,000 barrels per day. The company has shareholders who understand how it operates and its financial position. In 2008 shareholders approved 15% to 16% dividend to be returned to the company for investment. When the company wanted to change its name, shareholders voted for the favor of the proposal by 92%. They also have set their target for the next three years; they plan to have a fixed price for gas and oil to maximize profit.

 

One of the expectations that Obsidian Energy has is $70 oil by 2019. This will be possible because the oil production is likely to go up to$55 plus. The book value and price to reserve value also looks good at the moment; the price is affected by oil price assumption. Obsidian Energy indicated in June 2017 that they expect an annual growth of between 6% and 7% from 2017 to 20121 if the oil and gas prices remain the same for that period.

 

The workers at Obsidian Energy are committed to producing the best and at the same time protecting the environment. They work under the instruction of the management who also aim at achieving the objectives of the company. The administration is accountable to both the surrounding community and the shareholders. Find More Information Here.

 

The company’s name means naturally occurring rocks which can be modified meaning that the company’s performance can also be improved. The company’s CEO Dave French said that the selling of some few assets to make the operations of the company better is a step ahead, and they hope to go even further in future. Obsidian Energy has between 200 and 500 employees. The operation of the company is based on relentless passion and discipline on their work.

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