Canada (18)


National Steel Car: Hiring New Employees

The National Steel Car kept on expanding, and recently, the company set up a job fair for the citizens of Hamilton, Ontario. The National Steel Car has been around for more than a century, and the current owner of the company, Gregory James Aziz is serious about his plans for expansion. He wanted to hire more people to work for his company, and he is aiming for the National Steel Car to be known around the world.

Gregory J Aziz purchased the company from Dofasco in 1994, and after more than two decades, the company transformed drastically, and it is now known as one of the most competitive businesses in Canada. One of the reasons why the National Steel Car rose from the ashes is because of the dedication of its president, chairman, and chief executive officer.

 

After closing the deal with Dofasco, Gregory James Aziz was left with more than 500 individuals who are pleading him not to terminate them. Removing the previous employees hired by Dofasco is not in the mind of Gregory James Aziz. Instead, he hired them to become trainers, and he added more than 3,000 new individuals to work at the plant. The employees left behind by Dofasco served as their trainers, and they taught them the basics about rolling stock manufacturing. A few years after the acquisition of the National Steel Car by Gregory James Aziz, the people that he hired to work at the plant are now knowledgeable about the technicalities of building a rolling stock.

 

 

The addition of more employees working at the National Steel Car resulted in the growth of the company. In a year, they are now able to produce tens of thousands of rolling stocks, and their value at the stock market keeps on climbing up. Gregory J Aziz said that the number of employees working for the National Steel Car is not enough, and he would always direct the company’s HR representatives to conduct a job fair to encourage the public to join the National Steel Car. Find More Information Here.

 

 

The most recent job fair targeted more than 200 individuals who would be working as welders. What’s great about the National Steel Car is that they never looked for someone who can weld, but they were looking after people who are interested in learning. After profiling the applicants, the National Steel Car trimmed the number to just 200 and trained the new hires for them to be more confident using the welding machine.

 

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Gregory Aziz Steers National Steel Car As Leader In The World

Being at the helm of a company that is one of the leading railway car manufacturers in North America can make one very busy indeed. But being busy is one of the things that Gregory James Aziz is used to early on. Having chosen the field of economics as his major in college, in a world that is hell bent on development and progress, this remarkable man could not have been more “at home.” Gregory J Aziz was born and raised in London, Ontario on April 30, 1949. He did his undergraduate studies at Ridley College and later on went to the University of Western Ontario to major in economics.

 

 

After his studies, Greg James Aziz joined Affiliated Foods, the family’s wholesale food business, in 1971. Perhaps he is the lucky star that helped his family’s food business to grow over the next 16 years to be one of the leading worldwide importers of fresh foods from South America and Europe. Affiliated Foods also maintained distribution centers all over the United States where it supplies its imported products in all of its big wholesale markets of fresh foods.

 

 

Starting in the late 1980s, Greg Aziz focused his talents and efforts in a completely different line of business, that of investment banking. He first worked with several companies in this industry in New York up to the early 1990s. It was in 1994 that he got himself involved in the acquisition of National Steel Car, one of the major rail car manufacturing companies in North America. Dofasco, the former owner and operator of NSC sold the 3,500 cars-per-year company to the organization that James Aziz worked for.

 

 

Five years later in 1999, the railway car manufacturer was able to increase its production of railway cars to 12,000 cars per year. The original goal of the purchase is to transform the ailing railroad car manufacturing company into the leading manufacturer in North America. As Chairman, President and CEO of the company, Greg Aziz has accomplished this feat. The number of employees that support this massive production effort also grew from a mere 600 to around 3,000.

 

 

National Steel Car now has more than 100 years in railway car freight manufacturing experience thereby earning the distinction of being one of North America’s major tank and freight car manufacturers. The company is ISO 9001:2008 certified and has been a consistent recipient of the TTX SECO award for more than 10 years. See This Page for more information.




How Greg Aziz Turned Around National Steel Car

Greg Aziz is a Canadian businessman who is from London, Ontario. He is a graduate of Ridley College and the University of Western Ontario, the latter at which he earned a bachelor’s degree in economics. Once he graduated he joined his family’s business. This was a wholesale fresh food company that imported food from all over the world. They then sold this food in bulk to wholesale markets both in Canada and America. He worked for this company from 1971 to 1987.

 

New York City was the next stop for Gregory James Aziz. He became an investment banker on Wall Street. It was while he was researching different investment opportunities that he came across a Canadian firm called National Steel Car Limited. At the time it was owned by another company, Dofasco. Dofasco had let National Steel Car languish and lose market share in the railroad industry for a number of years. Gregory J Aziz was intrigued by the company and thought he could restore it to the greatness it once had. As a result, he bought National Steel Car, moved to Hamilton, Ontario, and took over as the chairman of the board, president, and chief executive officer. Go To This Page for additional information.

 

Over the next five years, Greg Aziz greatly expanded operations at National Steel Car. HE quadrupled the number of railroad cars they manufactured each year. He also went on a hiring spree, increasing the employee headcount to 3,000 from just 600 five years prior. Under his stewardship, National Steel Car became the only company in the industry to be certified ISO 9001:2008, a certification they have held for almost 20 years. It was also granted the TTX SECO award for 13 years in a row.

 

By investing in his company over the year, National Steel Car has been successful in the industry. Their railroad cars are designed in-house, and his factory uses cutting-edge technology to build them. Beyond his company, Gregory J Aziz also invests in the broader community by being a philanthropist. He often holds food drives at National Steel Car, for instance, which is delivered to food banks in and around Hamilton. There are two cultural institutions in Hamilton that he has also been a long-time sponsor of, which are the Hamilton Opera and the Theater Aquarius. Additionally, he gives money to other local and national charities.

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National Steel Car- CEO Of The Biggest Manufacturing Company In Canada

National Steel Car is a company that is located in Hamilton, Canada. This is a company that deals with the production of railroad freight cars. National Steel Car also deals with the production of tank cars. National Steel Car has been led by a management that is focused on making the company great. Its current CEO Gregory James Aziz has been instrumental in the success that has been recorded in this company. He has been keen on his role as the CEO. National steel car is a company that is leading in making the engineering industry in the country thrive. Through the input of Greg Aziz, the company has been performing very well. The company have managed to perform very well and is leading in showing the world that it is possible for an engineering company to remain relevant for decades.

 

Greg Aziz is an economist. He holds a degree in Economics from the University of Western Ontario. Earlier, he had attended Ridley College. He was born in Ontario, Canada. Education, he has managed to put the company on the global map through good management that has seen the company improve greatly. He graduated in 1971 and then took a job in a family-owned food business. His impact on the management of this company remains long after he is gone. He managed to make the company a leading supplier of imported foods in the region. Under his tenure, Affiliated Foods became the number one company in the region. It is now a company that has been leading the resort in coming up with measures that are intended to make the industry big.

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After working in the food business, he went to New York while he worked for a number of investments banks. As an investor, he got to know the business opportunities that were coming up in the region. It is while working her that he found Dofasco who were selling national steel car. Gregory Aziz decided to buy this company. This was in 1994. Since the company was not performing very well at the time, he decided to put measures that would improve the production capacity of the company.

 

Greg J Aziz bought this company when the production stood at 3500 cars in a year. However, this changed after he joined. He implemented measures that would see the company get to a production of 12000 after just 5 years of his leadership. This goes to show that he is a skilled investor who knows what is to be done to get a struggling company up again. Read More On This Page.




How Gregory James Aziz Has Steered National Steel Car to Success

When discussing National Steel Car, it is nearly impossible to go without mentioning Gregory James Aziz. Born in London back in 1949, Greg attended Ridley College; it is at this institution that he majored in Economics. Greg later pursued his degree at the University of Western Ontario. He is the alumnus of Western Ontario and holds a degree in economics from this institution.

Since establishment, National Steel Car has created its reputation in the car freight manufacturing industry as the pioneer and market leader. The freight manufacturer has its headquarters in Hamilton, Ontario. The current chief executive officer and president of National Steel Car are Greg. At this company, Greg James Aziz additionally serves as the company’s chairperson of the executive board’s committee.

 

Before setting up National Steel Car, Gregory James Aziz was working at his family’s wholesale food business. The company is popularly known as Affiliated Foods, Greg has worked at this company for more than 16 years overseeing its growth to becoming a reputable worldwide brand. Currently, Affiliated Foods holds the title of being one of the world’s largest importer of fresh agricultural produce.

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Some of the counties Affiliated Foods outsources its agricultural from include nations in Europe and those in both North and Central America. Over the decades, Affiliated Foods has been on the market; it has established distribution points across the larger American continent and regions in Eastern Canada.

 

Gregory J Aziz worked and invested in various banking institutions and sectors respectively during the 80s. While working at these organizations, Gregory J Aziz was able to save up enough to start his own company. After moving from New York where was the base of his banking career, Greg moved back home and bought National Steel Car from Dofasco.

The experience Greg got while working in the banking sector has not only proved to be important in running his company, it also gave him an insight into managing finances in a way that enables a company to let its capital work for it and not the other way around. On purchasing National Steel Car from Dofasco, Greg primary objective was to transform the firm and make it profitable once more.

 

Under the helm of James Aziz, the National Steel Car has cemented its spot at the top as the leading freight manufacturer in the world. At the time he acquired the company, the production of freight cars was at a maximum of 3,500 each year. Crunching the data as of now, the National Steel Car is producing an excess of 12,000 freight car units on a yearly basis.

 

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National Steel Car Under The Leadership Of Gregory Aziz

Nobody had expected that someday National Steel Car will be bought by someone who will retain its legacy. After all, this freight car manufacturing company is more than 100 years old. Many thought that it had reached the end of its days. But Gregory J Aziz thought otherwise.

 

He had always wanted to maintain National Steel Car as the largest engineering and manufacturing company of freight cars in North America. And he has managed to do just that. This had been his dream and he has managed to achieve it.

 

But James Aziz never started his career at National Steel Car. In fact, he joined his family business which was called Affiliated Foods. Under him, the company grew and became one of the biggest importers of fresh foods. He took his business to several countries around the world.

 

After this, Greg Aziz decided to move on and join the banking industry in the US. He learned invaluable things here. All of these he put to good use when he became the CEO of National Steel Car.

 

As soon as he took over this position, Greg Aziz was clear in his vision. He knew where he wanted to take the company. From Day 1, he made this his vision.

 

He realized that the company was using technology that was outdated. Hence, he put his money into getting the latest state-of-the-art equipment for the company. Now he knew that he could not achieve anything without skilled manpower. Greg Aziz put in efforts to acquire and train his manpower. Once the equipment and manpower were ready, there was no stopping of Greg Aziz.

 

He always knew that National Steel Car believed in innovation. There was no way a company could succeed today without innovation. This is because the customer was getting more demanding. They were looking for unique products. National Steel Car has always been known for being innovative. Greg Aziz decided to focus on this facet of his company.

 

He decided to grow the company. National Steel Car has always been known for its timely delivery. He maintained this feature of the company. All its products have been known for their immaculate quality. Greg Aziz ensured that this trend continued. Visit This Site for more info.

 

In this way, the vision, as well as hard work of Gregory Aziz, has paid off. Many people used to think that the days of National Steel Car are over. But he has proved it otherwise.

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Greg Aziz: A Great American CEO

It is always true to say that the world is ruled by engineers and great technologists. For development to happen, we must commit ourselves towards enhancing success in the industries and Greg Aziz has not been left behind trying to make this dream a reality. He has been on the frontline promoting success and development. The field of engineering happens to be very broad and also more dynamic. People and mostly Engineers are applying technology towards coming up with development that is to their advantage. It is also noteworthy to note that an established customer care system can help in the progress of various companies.

 

Greg Aziz happens to the chairman, president and also the CEO of such companies and has a mission of making the company one of the leading ventures in the industry. He has been on the frontline promoting governance and progress. National Steel Company is one of those leading companies in the steel car industries that have achieved greatly in the success of these sectors. The company have remained relevant and leading because of its effective use of innovation, technology, passion, commitment and also good customer care. They have also succeeded because of their committed customer care, and they have achieved the big time in their career. Greg James Aziz has been the company’s CEO since it was bought in the year 1994.

 

Greg Aziz has passionately worked for success and has committed his life and skills to its success. The company was established back in the year 1912 and have been in the railroad freight cars for more than one century. The company has maintained its high standards of operations since it was established. Greg James Aziz as the CEO has been with the company for more than two decades now. The 68 years CEO has always helped the company works towards increasing its capacity. See This Page to Learn More about Aziz.

 

Greg is also a very qualified person, and during his youthful days, he worked for the improvement of his skills whereby he studied a bachelor’s degree in economics. He has therefore dedicated his time to the company’s success. His great managerial skills cannot be compared to others. He also has increased the company’s performance through his employee’s motivation. He has always been on the frontline perfecting his skills. Through his leadership traits, he has made the company the leading North America giant leading to International Organization for Standardization (ISO) certification that has never been awarded to any other in the region.

 

View Source: https://www.steelcar.com/




Obsidian Energy is Re-Energizing Itself

Obsidian Energy went by different names such as Penn West Petroleum, Penn West Exploration as well as Penn West Energy trust, in its previous incarnations. At one time it had reached a market capitalization of nearly $9 billion, making it on the list of top 60 companies listed on S&P/TSX. Most of Obsidians oil and gas fields are in Alberta, on what is known as the Canadian Sedimentary Basin. This area is recognized to be one of the most petroleum-rich areas in the world. This year the company is expected to produce a little over 30,000 BBL/day.

 

By giving the company a new name, it also symbolizes a new set of values that will drive the company moving forward. These philosophies include implementing the latest technologies, more accountability, transparency with shareholders and a disciplined approach to the commercial and technical decision-making process. Shareholders will be happy to know that Obsidian has a sensible hedging strategy, good balance sheet, and assets that will keep the company strong during lower oil prices. Apart from these changes, Obsidian Energy made changes to the way they operate with the consent of their shareholders.

 

These include electing eight new directors and putting Ernst & Young LLP in charge of auditing for the following year. The eight new members will hold their positions until successors are appointed. Other matters that were put up for vote include executive compensation, approval for the name change, and approval for share capital reduction for accounting reasons.

 

The CEO of Obsidian Energy is David French who has many years of experience in the petroleum field. He joined the company in 2016 and prior to that worked as CEO of Bankers Petroleum LTD and proved his leadership skills by improving the growth of that company. Prior to working for Bankers Petroleum, he worked in various high positions in companies such as Apache Corporation and McKinsey & Co. Mr. French will continue Obsidian’s commitment to extracting petroleum products in a safe an responsible way. This includes employees, the environment and the communities in which the companies operate in.

 

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Related: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&




Obsidian Energy Re-brands To Gain Market Penetration

Obsidian Energy is a Canadian based natural gas and oil exploration company that was established back in 1979 in Calgary, Alberta. It has since then operated profitably with a lump sum annual return and paying its high stakeholder dividends in valuation. In fact, it’s been listed on the Toronto Stock Exchange and the New York Stock Exchange and at one time listed in the S&P/TSX 60.

 

Nonetheless, the present glory has come as a result of deliberate discussion and effort to help the company rise in times of financial and operational hitches. It has been restructured to operate as per the current market regulations, trend and level of technology. Initially, it was incorporated as Penn West Exploration Ltd, and then Penn West Petroleum and later Penn West Energy Trust before the stakeholders approved and settled for the brand Obsidian Energy.

 

This change will see the stocks begin trading with the symbol of OBE taking effect impromptu within five days in the New York and Toronto Stock Exchange. This does not require the shareholder to do any obligation after the name change through the circular of the Annual, Special Meeting and Management Proxy of 2017. The noted paradigm shift is expected to improve enterprise development, decision making, innovation, transparency, and accountability.

 

Among other changes, Obsidian Energy Ltd will experience is the appointment of Ernst & Young LLP as the lead auditor, enactment of a board of governance. Technically, share capital is to be reduced for accounting purposes, the share unit restricted plan amendment and a non-binding vote on executive compensation. Obsidian Energy’s CEO says this transformation will cement a strong position in the industry and is an informed decision that will help keep fit the financial records.

 

About Obsidian Energy

Obsidian Energy primarily deals with oil and natural gas exploration and exploitation within Canada, at the Sedimentary basin on the Western side of Canada. It has other resource reserves in the Alberta Viking, Peace River oil sands, and Pembina Cardium and still pursuing other projects. Obsidian Energy is a publicly trading company on the Toronto and New York Stock Exchange. For a period of 6 years (2005-2011), it operated as a Canadian Royalty Trust before registration as a corporation.

 

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Source: http://www.ogj.com/articles/2017/05/penn-west-petroleum-moves-toward-changing-name-to-obsidian-energy.html




Obsidian Energy, Penn West Petroleum’s New Face Making A Name for Itself

 In the oil industry and indeed the gas industry too, Obsidian Energy is credited as a company whose portfolio is quite awesome. With the assets base the company has so far, it has guaranteed a steady flow of income and satisfied customers. In order to enjoy competitive advantage, the company has spared no effort in engaging in entrepreneurial activities that have guaranteed liquidity for the company which operates in the ever changing gas sector. Obsidian has several subsidiaries including Canetic Resources Trust, Endev Resources Partnership, and Sifton Energy Inc. Currently, the company has approximately 300 employees on staff.

 

Believes

 

Obsidian Energy’s success is built on the discipline and hard work of its employees. Apart from hard work, openness and accountability are also other values and believes the company holds dear. All stakeholders and the community are never kept in the dark about the operations of the company.

 

Name Change

 

Obsidian Energy changed its name in 2017 from its former title of ‘Penn West Petroleum’. The new name was thought to be best since the company was undergoing many changes. With the new name people expect and get better service and new products that are somewhat an improvement on the former.

 

At the heart of the changes made to the company was the reduction in human resource. By 2015, the work force had been thinned to 1000 staff only. Later, due to the ever-fluctuating prices of oil and gas, there was a further lay off of staff so that there are only 400 employees at the company presently.

 

Giving Back

 

Obsidian believes in the community within which it operates goes without saying. Through the ‘community matters program’, the company’s business is ever appraised to ensure it does not collide with the community’s operations and or affect the community in a less than pleasant way. Where there are some critical aspects that community members do not like about the company operations, the same are squared out by the ‘community matters program’.

 

The environmental program the company has, ensures that it does not affect the environment in a negative way. Being guided by the law, Obsidian Energy aspires to limit any negative effects drilling may have on the community and its environment. Conservation of natural resources is also at the heart of the operations of Obsidian Energy.

 

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