The CEO Of National Steel Car Redefines Industry

The steel industry would be complete by most people’s standards. The industrial revolution brought an era to mankind that peaked the production of steel and put into place the greatest potential for this compound we have. National Steel Car continues to find uses for steel and new methods for reinforcing and perfecting its chemical compound.

 

National Steel Car operates as a leader in the manufacturing of locomotives and the various cargo carts these large steel engines use. The innovation of steel is, therefore, a very important concept for National Steel Car. The business of steel forces National Steel to bring constant solutions to its industry and with a never-ending source of innovation.

 

 

Steel Is The Key Component Of Gregory’s Success

Gregory J. Aziz is the chairman, president and CEO of National Steel Car. As a professional, he was able to buy the organization from it’s then owner, Dofasco, and lift up his business standing as a result. The process he undertook to acquire the agency brought him more understanding and experience, which ultimately helps the agency to thrive today. The key component to his entire agency is steel.

Greg Aziz is a steel specialist because he and his agency has to be. The use of steel in modern locomotive components has to do more than take the shape of a machine it will eventually become. Steel has to also be serviced and forged in a way that will accommodate the use it undergoes. This use is locomotive transport and in regard to the work of National Steel Car.

 

Still Producing And Still Bringing In Innovation

The ability for National Steel Car is founded in what it can do with innovation. The limits that specialists thought we’ve reached within the locomotive industry aren’t actual barriers. These barriers are broken by the leadership of National Steel Car and in a way that wows are own industry. Bystanders outside of the locomotive industry are also in awe. See This Page for related information.

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The advancements made by National Steel Car is clear evidence of an ability to innovate when there seems to be no more room for progress. The work of the agency is only possible through Gregory James Aziz and what he enables as an outstanding CEO. His leadership brings National Steel Car from a past industrial era into one that stands against the test of time. The company received TTX SECO award for quality, for over a decade.

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

Gregory Aziz: Growing a Company, Touching Lives

The legacy that Gregory Aziz has built over his lifetime is unmatched by many in his field. Not only did he bring National Steel Car back from the edge of destruction, but he pushed it into history with innovative technology and impeccable quality. National Steel Car is now one of the world’s leading manufacturers of railroad freight car engineering and manufacturing. Repeatedly, they have shown their dedication to their customers and their community. National Steel Car is not just a company, it is a living organism that brings life to everyone it touches.

 

On April 30, 1949, Gregory James Aziz was born in London, Ontario. Sometimes known as James Aziz, he was a very precocious child with an eye for business. After finishing his studies at Ridley College, Aziz went on to attend the University of Western Ontario. While there, Aziz obtained a degree in Economics. This degree would be his first step towards his dream to become a successful entrepreneur. After finishing his degree program Aziz went to work for his family company, Affiliated Foods. This small grocery supply company would be where Aziz would finally cut his business teeth. Over the next 16 years, the company started to grow exponentially and even started to expand. This was largely because they had started to import fresh goods, a first in their industry. These new business relationships gave Aziz the experience he would need to grow National Steel Car into the amazing business that it is today. Visit This Page for more information.

 

When Aziz found National Steel Car, it was on the decline. In 1994, he purchased the small company and immediately started to grow it. One of the first things that he decided to focus on was quality. In just two years National Steel Car had earned the TTX SECO award for quality. To this day, they still hold this esteemed honor. The company began to grow. By the year 2000, Greg Aziz had grown the workforce from 600 to over 3,000 employees. He had also decided to go after something else that would set them apart and obtain ISO 900I: 2008 certification for National Steel Car.

 

National Steel Car is the only company of its type in North America to hold this honor and they have done so for the past 18 years. In addition to their work, National Steel Car is also quite charitable. With Gregory Aziz at the helm, they have donated to countless organizations within the community. Truly, the work of Aziz has touched everyone in the community.

View Source: https://about.me/greg.aziz

Obsidian Energy

Obsidian Energy is a mid-sized oil and gas producer. The company is very much a bottom line results oriented company. With Obsidian Energy high-quality assets, disciplined and passionate workforce, its no wonder why the company is producing nearly thirty thousand boa a day per year. With its entrepreneurial spirit and organizational capabilities, it’s no wonder that it has become so successful. Its resolve to make its self-accountable to both its shareholders and the community at large. That should make the shareholders confident in the company’s future. Although the company is only mid-sized, its crafted a well thought out strategy around its assets.

 

David French, who recently took control of the company as its CEO. He has already made his mark in the company that will reverberate for years to come. He has spearheaded a complete reorganization of the company from top to bottom. He has streamlined its operations to be more efficient. He has stabilized employment with the company to an average of about three to four hundred workers. See This Page for more information.

 

 

David French has also recently cut the companies debts from approximately three billion dollars to about three hundred ninety million. That is an amazing achievement that the company should be proud of. In a remarkable way he has changed the company forever. He wasn’t done though. He thought it was time to change the companies name as it was no longer the same old Penn West Petroleum. He was able to gather nearly ninety two percent of the shareholders support in the name change. So, from that point on the company became Obsidian Energy. Obsidian was named after the volcanic glass that can be sharpened and honed.

 

David French is no stranger to the oil and gas industry. He has been President and CEO of Bankers Petroleum Ltd., a Calgary-based publicly-traded oil and gas company. He has also served as management and consultant to other companies such as Apache Corporation and McKinsey and Company. He also holds a Bachelor’s Degree and a MBA. With David French at the helm with all his vast experience, I don’t think the company could do better than this winner.

 

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

 

Obsidian Moves Into The Future

Obsidian Energy, once known as Penn West Petroleum began its transition into a profitable oil and gas producer as of 2013 with the sale of many assets. With these and other sales, it reduced its debt load from $3 billion down to $384 million as of March 2017. Now Obsidian Energy is far smaller, but it is streamlining has led to more focused production.

 

Three years before, Obsidian Energy produced as much as 135,000 barrels of oil equivalent per day (BOEPD). After oil prices dropped in 2014, Obsidian was forced to restructure. It now produces somewhere around 28,000 to 31,000 BOEPD. Its workforce consisted of 1,415 employees and now has shrunk to a mere 407. Selling off its assets, one of its core properties, Slave Point, its resources have been streamlined to leave intact only its most productive oil fields and only the absolutely necessary elements needed for its effective function.

 

Obsidian’s oil and gas fields are in Alberta, Canada. Alberta is the home of the Western Canadian Sedimentary Basin. It is one of the world’s largest petroleum reserves. Obsidian joins other Canadian producers in making Canada the world’s third largest natural gas producer and second largest exporter. Still, Canada’s reserves only represent one percent of the world’s natural gas supply. Canada’s conventional oil reserves, both light and heavy oil reserves are declining. Light oil is declining by a rate of three to four percent each year. Read This Article for more information.

 

Despite these drops in reserves, Canada still has the largest reserve of oil sands or bituminous sands. It overwhelms both Russia and Venezuela, the other locations of oil sands. Canada is the location of 70% of the world’s supply of oil sands. There is some controversy about burning the product from oil sands, but Canada insists that emissions from oil sands only exceed conventional oil emissions by 12%. Obsidian produces from its Peace River property those controversial oil sands.

 

Obsidian is one of the top sixty stocks on the Toronto Stock Exchange. Obsidian’s CEO announced that the company had three principles it would use for action:

 

1) Disciplined decision making to advance and protect innovation and progress.

2) Be accountable to stakeholders, partners and the community at large.

3) Maintain the right assets, use a sensible hedging strategy, and keep a healthy balance sheet in preparation for lower price environments.

 

See: https://en.wikipedia.org/wiki/Obsidian_Energy