Archive for the ‘Canada’ Category

Gregory Aziz and his success in National Steel Car

Friday, June 15th, 2018

Gregory Aziz is also known as James Aziz. He seats as the chairman, president and the CEO of National Steel Car. This is the leading railroad freight car manufacturing company globally. It is a subsidiary of National Industries Inc. The company has earned a credible reputation due to its excellence in engineering and manufacturing of quality tank cars and railroad freight. As a result, Greg Aziz is among the most prominent and recognized businessmen in North America. Greg was born in London and studied at Ridley College, he later joined University of Western Ontario where he pursued economics.

 

Gregory James Aziz started his career journey by working at his family business that dealt with the importation of fresh food before joining investment banking where he served in different positions. Due to his hard work in the finance industry, James Aziz managed to organize himself and saved enough money to purchase National Steel Car from Dofasco. He worked hard to achieve his dream of restoring the glory and status of the company as the national leading railroad freight car manufacturer in North America.

 

Gregory Aziz’s dream came true when he increased the production capabilities and was able to produce 12,000 freight cars. Initially, the company built 3,500 cars and hence it was a great achievement by James Gregory. He also created employment by hiring more workers from 600 to 3,000. The company has continued to thrive by producing quality and innovative railroad freight, and as a result, it is now recognized as the leader in innovation.

 

National steel car has maintained an outstanding commitment and integrity to all stakeholder including the suppliers and clients hence performing with a relentless vision of quality and excellence. National steel car is the only railcar manufacturer in North America that is certified by ISO 9001:2015. This is due to Greg’s pursuit of excellence and quality production. The company has therefore been awarded and honored with the annual TTX SECO for over ten years consecutively.

 

James Gregory Aziz and his company continue to challenge themselves and raising the bar for creative, innovative railroad cars. They remain most trusted manufacturers of the highest quality as well as timely delivery.

 

James Aziz is also known to be a kind man and a philanthropist. He remains largely involved in charity endeavors by giving back to the community and supporting various charitable projects. Some of the projects he has continued to support include; Theatre Aquarius, Salvation Army and the most significant agricultural fair in Canada.  Visit This Page for additional information.

Gregory Aziz, CEO National Steel Car

Tuesday, June 5th, 2018

Gregory is renowned as one of the most famous leaders and businessman in North America. As the chairman and the CEO of National Steel Car, a global car manufacturing company based in Ontario Canada, Gregory James Aziz has created a track record of success in the motor industry. The company, founded by James Aziz in 1912, holds the track record of manufacturing rolling stock. It was ranked among the top 3 leading manufacturers of rolling stock in Canada. Currently, the railroad manufacturer is a subsidiary of the National Industries Inc.

 

 

Born in London in 1949, Gregory James Aziz joined the Ridley College and later the University of Western Ontario to pursue his economic studies. Upon graduation, he contributed to the food processing business owned by his family (Affiliated Foods) before moving to New York where he worked with a variety of firms in the banking and investment industries. His contributions at Affiliated Foods enabled the company to be ranked among the leaders in the importation of fresh items from South America and Central Europe.

 

 

Gregory J Aziz’s career in investment banking and finance during the 80s propelled him towards the ownership of National Steel Car in1994 from Dofasco. This was with the primary objective of restoring the status of the company then gradually growing and expanding it to top position in North America. He began the process of acquiring the company in1994 during which the sales of the company had significantly deteriorated. To restore the previous status of the company, he had to put in his management and leadership skills. Some of the notable achievements that were observed during this time include increasing the number of employees from 500 to 3000. The CEO is still committed to the success and the welfare of National Steel Car and has initiated several initiatives that focus on enhancing efficiency, excellence, engineering and the manufacturing processes. See Related Link for more information.

 

Greg Aziz’s dedication and commitment to the company enabled National Steel Car to maintain the leading position in the manufacture of premium rail cars. The efforts of the CEO have fostered the recognition of the firm over the years.

 

Currently, Greg James Aziz lives with his wife and daughters in Toronto where they are famous for supporting the equestrian community. Gregory’s family also actively participates in the sport and has sponsored a wide range of classes at the Horse shows over the years.

 

 

See Also: https://www.bloomberg.com/research/stocks/private/person.asp?personId=39124620&privcapId=35787198

Turning over a new leaf for Obsidian Energy Ltd

Friday, March 23rd, 2018

Obsidian Energy company produces oil and gas and is located in Calgary, Alberta. The firm was previously known as Penn West Exploration Ltd, and after careful deliberation, the management decided to change the company’s name.

 

Every business venture has its share of challenges, and with the right structures and plans, it is always possible to pick up and become a great success. This was no different for the oil production company, the prices of oil fell around 2014, and this prompted a shakeup, this helped the firm overcome the hard-economic times and avoid massive debts as well as set up policies that would help them deal with future incidences.

 

The production of oil and gas comes from three primary places the Pembina Cardium, Alberta Viking, and Peace River oil sands in the Western Canadian Sedimentary Basin. In 2017, the company’s production per day was estimated to be 30,000 bbl.

 

Around 2008, Penn West Energy Trust funded a large disbursement, which produced a yearly rate of 15% and 16%, the firm also disbursed payments on a monthly basis for equities which had been listed on New York stock exchange. Read This Article to learn more.

 

The Turning Point

2017, was the turning point for Obsidian Energy, the company started off by changing the name, in the spirit of making changes the company also decided to reduce the number of employees from 1400 to around 300 this move would help maximize on the returns. The company also discovered the value of quality and not quantity this triggered the reduction of production barrels from 135, 000 to around 28 000 this would not only ensure the product is of high quality but also the company will be able to manage the production with more ease without stretching their financial capability.

 

The rename of the company to Obsidian sets to pursue development for the next three years, and their financial plan will be tied to oil and gas price, the CEO said the company settled on obsidian since its volcanic glass that can be “sharpened and honed.”

 

The new company name clearly describes their intention and their need to always learn new thing that will help progress their business.

 

 

View Source: https://en.wikipedia.org/wiki/Obsidian_Energy