Category: Canada

A Closer Look At Greg Aziz Role In Building National Steel Car


Gregory James Aziz is the CEO and president of National Steel Car a leading manufacturer of railroad freight. He was born in 1949 in Ontario London and later joined western Ontario University where he perused economics. Greg James Aziz worked at his family business for some time before moving to New York in the late 1980s where he worked in different investment banking segments. It’s during this time that Gregory J Aziz managed to organize himself and buy national steel. He worked hard to ensure that the company did match up with the manufacturing capabilities and by 1999 he had moved the company’s manufacturing capabilities from 3500 to 12,000 cars.

Aziz’s relentless pursuit of excellence has now made the company a leader in manufacturing sector building thousands of railroads each year. The company attributes its success to the people who have supported them throughout their journey. What’s more, national steel hasn’t attained its desired success, and that’s why it’s continually trying to push the bar a notch higher. Nevertheless, you can be assured that you are getting high-quality products since most of their products meet the AAR requirements.

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National Steel Car is also not only ISO certified, but they have received different awards including the annual TTX SECO award for the tenth time in a row. They also value customer loyalty, and this has helped them build strong foundations when it comes to partnerships, trust, and understanding. Whether you are a new partner looking to join them or a satisfied client looking to expand your fleet, national steel car will always work with your challenges to help you get the railroad you desire.

AutoRack is one of the company’s railcars that offer excellent service to your delivery needs. In fact, it’s easy to open given its full clear opening and tri-fold end closures. It also features a good seal with most of its hardware galvanized or stainless steel. The lightweight door surpasses the M-941-11 and AAR M-941-98 specifications with the racks cross-brace design featuring capped tube end that helps to stabilize the rack structure in a bid to increase its life cycle.  See This Page for more information.

There is also the coal design that features rugged styling as a result of the stainless steel, carbon steel, and hybrid construction. The center-sill design features a fastened body that is over thirteen and a half feet tall and fifty-three feet long which makes it a vast coal car. It can operate on a gross railroad of about 286,000 pounds with a hundred-ton truck that features a ten by 12 braking system.

 

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

Fueling Economy With Obsidian Energy


Obsidian Energy is a highly ranked Canadian based company that produces natural gas and oil. Being located along western Canadian sedimentary basin one of the world’s largest petroleum reserves, the high end equipped company produces an average of 30000 BOE per day. Before it rebranded to obsidian energy on 26 June 2017, the company was initially known as Penn West Petroleum Company.

 

 

The Company was stricken by crude oil prices fall in 2014, which significantly led to re-establishment and selling of majority of its assets for the following years to reduce its debts. These changes led to a restructuring of the company, based on some new pillars that were meant to make sure it is back to its best. It majored on a constant pursuit of progress, liability, and transparency to the shareholders’ efforts and any other parties they were in business. The company also focused on safeguarding its enterprise value by discipline and decision-making.

 

 

In 2017, the new CEO David French suggested a new name for the company that would no longer sound like the old one and which would relate to a naturally occurring volcanic glass and hence they suggested the word Obsidian.

 

 

Currently, the company operates in three places around Canada; Alberta Viking, Cardium and Peace River, where its vital development assets are situated.

 

 

Obsidian Energy has some responsibilities, which include health and safety community and environment and corporate governance. These responsibilities help the company to mitigate that impacts resulting from the production of oil and gas.it ensures the community around its operation and its employees are far from far-reaching effects like accidents.

 

 

Some of the programs that help Obsidian Energyto reduce the risk of funds is hedging. Hedging concentrates in crude oil and natural gas, which the company regularly updates the prices on their website as they fluctuate. Learn More Here.

 

 

In summary, Obsidian Energy has found to maintain a positive result after restructuring to a small-scale intermediate size company of oil and natural gas production. Their principles have held them well towards achieving their goals in the evolving world maintaining them top at top 100 companies in the Canadian energy industry.

 

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

Gregory Aziz A Quintessential Visionary Of Strength, Determination, And Success


As the Chairman and Chief Executive Officer of National Steel Car Limited (NSC Ltd.) Gregory James Aziz is reputed to be a man of strong determination, with high ambition, and a progressive leadership style. He began honing the work ethic, management skills and leader characteristics that would pave a path to his current career while working for the family business.

 

Upon earning a degree in Economics from Western University in London, Ontario, Canada Greg Aziz began working at his family’s wholesale food business, Affiliated Foods. He spent nearly a decade learning all the idiosyncrasies of wholesale. While there he developed a desire to broaden his horizons beyond the wholesale food industry. He decided to take advantage of several opportunities availed him to pursue his aspirations as an investment banker in New York City. The vast amounts of expertise gained over the course of his tenure emboldened him to test his mettle as an investment banker with the purchase acquisition of the Dofasco subsidiary National Steel Car Limited in 1994. In times past NSC Ltd. was a leader in the railcar industry but had been in a state of decline since 1990. The purchase was a risky one, but Aziz saw the potential and possessed the means to restore it to its former glory.

Greg James Aziz envisioned a transformation for National Steel Car that would build on the company’s 100-year-old foundation of engineering capabilities and team building. Aziz’s revitalization plan included an infusion of innovative technology and processes, extensive human and capital investments, along with product diversification to increase its’ competitiveness in the market. By the year 2000, National Steel Car Ltd. began to reap the benefits of these changes.

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Under the leadership of James Aziz, National Steel Car more than tripled its production capacity from 3,500 to 12,000 railcars, simultaneously increased its employee base from 600 to 5,000 people, and regained its market competitiveness. Today, National Steel Car Limited is a North American freight car engineering and manufacturing giant. It is a thriving competitive global exporter of a wide array of freight cars and services. Read More On This Page.

Gregory J Aziz is also committed to giving back to the community of Hamilton, Ontario. Both personally and as a corporate leader, he contributes to numerous charity organizations and local enrichment programs, in addition to conducting annual corporate food drives. Greg Aziz reflects true character and leadership as a CEO and community member.

Reforms That Led To Creation Of Obsidian Energy


Obsidian Energy Ltd is an energy company that specializes in petroleum products, oil, and gas. The term “obsidian” tells of its willingness to grow and transform with the changes in the fast-paced industry. With its high-quality assets and an entrepreneurial spirit, OBE promises investors a value for their money. However, it enters the market not as a new company but as a reformed Penn West Petroleum Limited.

Reason for Reforms

Formerly as Penn west Petroleum Limited, Obsidian Energy was one of the largest mid-size enterprises in the petroleum sector. It produced over 135,000 barrels per day, employed more than 1400 people, and had nearly 180 million shareholders. For the past four years, however, accounting scandals and high debt levels almost led to the company’s closure.

Surviving a crisis

In 2014, the firm’s debt was $3 billion. Through assets sales, Obsidian Energy reduced the debt by nearly 90% to only $384, million. In 2016, the firm settled the accounting scandals that had led to costly investors lawsuits. As a permanent solution to its woes, the shareholders decided on an entire overhaul in the organization’s leadership and operations. Get More Info Here.

Targeted Reforms

From the beginning of 2017, Obsidian has undergone several target-specific changes. The production level was cut down to 30,000 barrels per day. As a result, the number of employees was reduced to only 300. Even more, it narrowed its focus from 30 production areas to just four.

Shareholders take a stand

For a complete transformation, the management of Penn West Petroleum put together a 6-point resolutions proposal. The six resolutions were geared towards avoiding the previous crisis and most importantly, redesigning the company’s course of action. On the 26th of June 2017, the shareholders took their stand on the proposed changes. Over 92% voted in favor of each resolution.

Change of Name

Changing the company’s name from Penn West to Obsidian Energy was the fifth resolution on the proposal. Just as Obsidian, the firm was taking a dynamic entrepreneurial approach in its organization and operations. Other decisions included the appointment of Ernst & Young as the firm’s financial editor and election of 8 new directors.

Gregory Aziz, CEO and President of Railcar Company; National Steel Car


Gregory Aziz, otherwise known as Greg Aziz is the CEO of National Steel Car. He was born up, raised and grew up in London, Ontario. He went to College and University in Ridley College and the University of Western Ontario respectively.

 

Gregory J Aziz graduated from the university at an early age. He joined his family’s company, Affiliated Foods in 1971 with the hope of not only gaining experience with both working with and running a company; but also putting his expertise in Economics to field practice. Affiliated Foods has for over 16 years been the leading importer of fresh foods.

 

portrait He, later on, sought opportunities at banking institutions in New York between the 1980s and 1990s. There, Gregory Aziz got to practice more of his career, and he also accumulated wealth. The dream of owning a company grew in him, and he also sought to see it to fulfillment.

 

In 1994, James Aziz purchased National Steel Car from Dofasco. He aimed to transform the company and make it grow and thus extend its bounds and services to the rest of North America.

 

1The challenge that he initially faced when running NSC was the meager workforce. But Greg James Aziz fixed this by increasing the number of employment rate per year to 3,000 from the initial 600. This led to an increased labor force, and thus the production rate increased tremendously. By 1999, the company was already manufacturing nothing less than 12,000 cars annually.

 

These changes did not miss recognition as National Steel Car was mentioned as the winner of TTX SECO annual award, in 1996. It continued to win the award, year after year with consistency. National Steel Car was also named the only railroad freight car manufacturing and engineering company to net the ISO Certification. It has also won this certification, year after year with recertification. Find More Information Here.

 

Gregory James Aziz had a dream to own a company, and he did. He then had a mission to transform the company and make it a North American giant, something he also achieved. Here is one of the greatest leaders, as running companies is concerned. Greg Aziz has managed National Steel Car with professionalism and expertise.

 

National Steel Car has for many years been of service to not only the Hamilton community but also Canada. The company funds various charities and holds Christmas parties yearly for its employees. Greg and his wife, Irene also support the community by providing funds for different activities.

 

Gregory Aziz is An Amazing Asset to National Steel Car


Gregory J Aziz is the Chairman of a company called National Steel Car. This company may or may not sound familiar to you. It is a company that produces and supplies train cars. Train cars don’t just come out of nowhere; the train-car fairy doesn’t just wave his wand and magically make train cars appear. There is a lot of planning and production that goes into train cars, and National Steel Car is on top of it all.

National Steel Car is such an old company that the vast majority of us have not been on this Earth when National Steel Car did not exist. Seven people who dwelled in Hamilton, Ontario, originally founded the company in 1912. Just like many other businesses in many other industries, National Steel Car was pulled into the war efforts of the 20th century, producing special things for war. The company acquired other companies, and was eventually acquired by one named DOFASCO.

So, when Gregory James Aziz took on the role as Chairman in 1994, he was becoming part of history. He further made his mark by putting his best efforts into the growth of the company. Heavy monetary investment, serious engineering knowledge and a passion for success drove Greg Aziz to turn National Steel Car into a legend.

 

Greg Aziz has an innate sense of how to properly do business. However, part of his wisdom comes from his education in economics from the University of Western Ontario. Greg Aziz is very interested in enriching his community with culture, a sense of community and nice happenings. He makes his employees attend a Christmas celebration every year. During these celebrations, drives for supplies are hosted. These supplies go out to impoverished people. Greg Aziz and Irene, his wife, are behind a major agricultural event in Canada called the Royal Agricultural Winter Fair. The Royal Agricultural Winter Fair is an exciting event that includes over 2,000 agricultural competitions. The fair includes cheeses, animals, vegetables, wines and butter sculpting.

 

Due to Greg Aziz’s great leadership, so much good has come from National Steel Car. Jobs have been made obtainable for people looking for work. The world’s production of train cars has gone up. Poor people received food and clothing from the holiday drives that National Steel Car employees participate in. Also, because his business did well, he helped the economy in his country. Definitely, Greg Aziz is a priceless asset to National Steel Car. Read This Page.

National Steel Car CEO, Gregory J Aziz


National Steel Car is North America’s biggest railroad freight car engineering company. Its headquarters are located in Hamilton, Ontario. National Steel Car is a reliable rail transport builder and has over the years proven to be innovative, dynamic and diverse.

 

 

Gregory James Aziz, Chairman and CEO of National Steel Car, was born on April 30, 1949, in London, Ontario. He studied at Ridley College and later joined the University of Western Ontario where he did his major in economics. After his studies, James Aziz, in 1971, went into the family business, Affiliated Foods, a wholesale food business.

 

 

Between late 1980’s and early 1990’s, Greg James went to New York, where he worked on investment banking opportunities. In 1994, he was able to purchase National Steel Car from its former owner, Dofasco, with the aim of transforming this Canadian company into one of North America’s leading freight car manufacturer.

 

 

Greg saw the potential that the company had especially, the fact that it had great engineering capabilities. Between 1994 and 1999, Aziz increased the company’s workforce from six hundred to three thousand staff members and increased the capital invested by focusing on expanding its manufacturing capacity from three thousand five hundred cars to twelve thousand cars annually.

 

 

National Steel Car has, over the years, built thousands of railroad freight cars and has managed to remain innovative, which has kept them at the top all these years. The company is now North America’s only manufacturing and engineering company that deals with railroad freight cars. It is ISO 9001:2008 certified and has been recertified annually since 1994. Under Greg’s leadership, the company has received numerous awards, among them, TTX SECO highest quality award.

 

 

Greg was born and raised in Ontario, and this place holds a special place in his heart. He gives back to his community through his company. NSC sponsors the Hamilton Theatre Aquarius, the United Way, the Hamilton Opera, the Salvation Army, among many other non-profit organizations.

 

 

Greg Aziz values his staff, he knows that it is through their efforts that National Steel Car is what it is today. Thousands of staff members, both retired and current, together with their families, are always invited to the company’s Christmas party. They also participate in major food drives that the company carries out to local food banks.

 

Greg, together with his lovely wife, Irene, also sponsor Canada’s Royal Agricultural Winter Fair. Get More Info Here.

National Steel Car is Leading Railroad Engineer and Manufacturing Company


Who is Gregory J. Aziz? How does the company he runs – National Steel Car – benefit its customers? What does the company actually do?

Known simply as Greg, Gregory J. Aziz is CEO at National Industries, Inc., serving as the Chair and Chief Executive Officer (CEO) for National Steel Car Limited. National Steel Car, after over a century of being in operation, has become the top railroad freight and manufacturer of tank cars in the U.S. The headquarters is in Hamilton, Ontario.

 

Aziz admits to the company’s success due in a big part to their people – the employees, the staff, and leaders in the company. The employees are the cornerstone of a company that over the years, has become very innovative, dynamic and diverse, focusing on a values-driven purpose.

 

As employees of National Steel Car (NSC), all involved strive to consistently challenge themselves. They are always raising the bar when it comes to innovative thinking, elevating the company to levels no other rail company can match. According to Aziz, there is a deep sense of purpose to what the employees at NSC do. They build the customers trust by unveiling the highest quality of rail cars, with a performance of delivery that is on time.

 

But Aziz’ s company does not rely on its past accolades to maintain its impeccable reputation. It is through the pursuit of excellence that NSC achieves its greatest feat, ensuring customer satisfaction. After all, NSC is a proven leader in manufacturing rail cars. In fact, NSC has been proven as one of the world’s premiere railroad freight car engineering and manufacturing companies. See More Info Here.

 

Aziz was born in London, Ontario in 1949. His education was at Ridley College, with a Major in Economics. He also attended the University of Western Ontario. After college, Aziz joined the family’s wholesale food business Affiliated Foods. Affiliate Foods would expand to a worldwide fresh foods importer over the next decade, including with distribution points throughout Central Europe and South America.

 

After several investment banking opportunities, in the early nineties, Aziz was able to purchase National Steel Car. By 1994, he was owner and proceeded to transform his company into a leader by example in the freight car manufacturing field. By focusing on engineer capabilities, team building and smart investment, NSC would be eventually growing from 3,500 cars annually to purchasing over 12,000 by the end of the decade.

 

The company has been certified ISO 9001, and is the recipient of the TTX SECO award every year consistently winning for over a decade.

Gregory Aziz CEO Of National Steel Car


Excellence isn’t easily obtained, it is earned through dedication and experience. No one understands that like National Steel Car, a long-lived giant in the industry of rail car design. National Steel Car has dedicated over 100 years to engineering the best rail cars available on the market. Their ingenuity and commitment to the industry have propelled them to one of the top railroad car companies in the world. The company attributes its success to the people who work to ensure only the best product is released for sale. An example of this dedication to quality personal would be the leadership of Gregory James Aziz, CEO of National Steel Car.

Greg Aziz was born in Ontario in 1949 and went to school at Ridley College and the University of Western Ontario. He worked with his family business and over the next 16 years, it became an international company importing foods from places like Europe and South America. Gregory Aziz worked with investments in New York from 1980 through the 90’s eventually purchasing National Steel Car in 1994. He set to work quickly with a distinct goal in mind, he intended to turn the company into a leader in the railcar manufacturing industry. In the next few years, he more than tripled the production of cars and the number of employees.

In his spare time, Gregory J Aziz and his wife support the Royal Agriculture Winter Fair, one of Canada’s most noteworthy fairs. His company also supports a plethora of noteworthy charities such as the united way and the Salvation Army. His service to the Hamilton Community has also included sponsoring the Theatre Aquarius and the Hamilton Opera. To show their dedication not only to the community but to their employees National Steel Car also hosts an annual Christmas party. This party is open to current and past employees and their families and thousands show up to enjoy the festivities and participate in the company food drive. Despite these contributions to the community, National Steel Car considers its greatest contribution the jobs it provides. They pride themselves in paying their employees well and investing in their employee’s improvement as they would their company. Go To This Page to learn more.

Greg James Aziz is National Steel Car’s CEO


National Steel Car’s expectations must often be blown with Gregory James Aziz at the helm calling the shots at the CEO. The incredible impact he has made makes many questions if they use the 24 hours in a day.

 

National Steel has been nominated for many awards like the annual TTX SECO award continually for over ten years now. Greg James Aziz knows bringing the company to higher standards seems strange to those outside of the enterprise. The company culture must be rock solid and centered on improvement. National Steel Car has over 300 employees and is still expanding. Gregory J Aziz is pushing this testament with effective goal setting and structuring growth plans. Who would have thought Ontario, Ohio had such shrewd business roots?

 

Speaking of creative business, National Steel Car has climbed the ladder to be a top Rail company in the world by supplying a broad range of products. The after-market products offered are fulcrum brackets, brake piping, handholds, ladder rounds, body bolsters, trucks, and wheel sets. National Steel Car also offers rail cars from their 30,500-gallon tank car to their impressive super duty box with a gross rail load of 286,000 pounds. This vast product and service offering span is a clear key the success that Aziz wants to push and continue to improve every year. Go Here for more information.

These lofty goals of Gregory were highly welcomed by the employees of National Steel Car. The company has over 300 employees and over 2,500 followers on LinkedIn. The company structure can come under fire the larger the company is. The fact that National Steel Car has kept its employees happy is a direct result of transparent communication about Greg Aziz’s intentions and wishes. Large enterprises have clashes within like Apple did by not correctly spreading the correct messages to its employees. Preventing a public relations nightmare is as impressive as cleaning up a PR nightmare.

 

Making a splash in the Rail Car Industry could be seen as a strange niche to select. The freight rail industry is worth over $60 billion, and it consists of 140,000 rail miles. That is a ton of track miles to maintain and build rail cars to operate. Warren Buffet bought a rail round company outright in 2009, and the company (Burlington Northern Santa Fe) has doubled in profitability since he acquired the asset. Buffet’s investment proves the big wins that can be made in the industry. Check out more about Gregory James Aziz at https://www.linkedin.com/in/gregaziz.