The Hand of Gregory Aziz in The Success of National Steel Car

Gregory Aziz is a successful leader who has been emulated by many leaders in the world. He has led to the success of National Steel car.the Company was established in 1912 , and it used to operate as Imperial Steel Car. Currently, he serves as the CEO and the president of the company. National Steel Car leads in the manufacturing industry. The company specializes in the supply of freight also deals the supply of engineering equipment. The firm has operated successfully for over a century. The company is in the forefront in the adoption of new technologies in the manufacturing of freight cars.


National Steel car has enhanced their reputation across North America for many years. The company is renowned worldwide as the best supplier of freight cars and their spare parts. The rise in the reputation of the company is attributed to Gregory James Aziz. The company has ensured the railroad infrastructure are well designed and operated efficiently. The improvements that were conducted under the leadership of James Aziz has helped in enhancing the worldwide reputation of the company. The improvements have also increased the number of consumers of the company.


Gregory J Aziz has developed the railroad industry through the services and products that are provided by National Steel Car. Greg Aziz is in the forefront in promoting innovation and invention in the industry. He has developed the virtue throughout his career life. The company strives to be the leading industry in the technological advancement. National Steel Car has been consistent in the improving their services and products due to its personnel in the company. The company is always setting new standards in the market.the move ensures that the company curb competition and satisfy consumer needs. The railroad industry has enhanced the technological design to conform to the new standards in the market. The consumer interactions have been improved to ensure that their needs are met.


Greg James Aziz has led the industry to drive for continued success in North America. The need for success has been beneficial in adopting advanced technology in the production line. Greg James has ensured that the staff of National Steel Car operates with the highest level of integrity. He has also built the virtue of commitment and responsibility in the company. National Steel Car is currently one of the outstanding companies due to the leadership skills that have been developed by Greg James Aziz. Click Here for more information.


Check him on :

Gregory Aziz and National Steel Car’s Revival

If you work in the railroad industry, then you have probably heard of the company National Steel Car. This rolling stock manufacturer has been in the industry for over a century, and their focus on quality has earned them several awards and international renown. In fact, NSC is one of the only rolling stock manufacturers left in North America, and their reach is growing every day. What you might not know, however, is that National Steel Car nearly went out of business in the 1990s. Thanks to the likes of NSC’s CEO and Chairman, Gregory James Aziz, this did not happen.


Gregory J. Aziz purchased National Steel Car in 1994 for a bargain. The company had been hurting ever since trucking companies started replacing trains as the main method of transporting goods. However, in recent years, the owners of NSC had been making poor business decisions and decided to start stripping down the company rather than putting more capital in it to build it back up. These owners were so concerned about their returns that they let the company wither and almost die. When they sold it to James Aziz, these owners were losing millions of dollars every year. Aziz, however, had a plan to change this.

Greg Aziz had been building up failing companies for years. Ever since he graduated from the University of Western Ontario in 1971, Aziz had been able to read business markets and implement strategies to make businesses thrive. Now, he had to deal with a company that had been stripped and was only a shell of its former self. The first thing he did was make sure the strategy of the company was clear. Gregory Aziz made engineering and quality the top priority for all railcars. He knew that customers stopped coming to NSC because the previous owners had implemented a cost-savings strategy, which meant lower quality cars. However, now customers were being given products that would stay on the rails without worries of them becoming obsolete. Refer to This Article for more information.

Aziz then made sure to pour cash into the business, mainly purchasing new equipment and machinery that would be able to build these new, state-of-the-art cars for the customers. He hired thousands of additional workers to help with the new capacity and demand, and he started paying them better than surrounding plants.


Thanks to James Aziz’s quick thinking and ability to read business environments, National Steel Car is now one of the top rolling stock companies in North America. They have contracts with every major railroad, and their future has never looked brighter. This is all thanks to Greg Aziz.


What does a volcanic rock have to do with oil and natural gas? Not much really, but enough to inspire the name of a major Canadian oil company. Founded in 1979, Obsidian Energy has experienced several changes along the way with the most obvious being the recent name change from Penn West Petroleum in June 2017.


Obsidian Energy was founded in the Western Canadian province, Alberta to explore and produce oil in the oil-rich western sedimentary basins in Canada. It stemmed from the merging of several smaller oil companies to form Penn West Petroleum limited. The company grew asset wise as a consequence of purchasing oil and gas properties. The growth by itself was an effect of purchasing other smaller oil companies.


Arising from the need of a larger company with a higher operating status the company later acquired nearly all of BP Amoco’s Canadian shares. This plus several other purchases grew the company’s production harbor by more than twice its initial size.


More acquisition would follow in the years to come, and by 2002, Obsidian Energy, the then Penn West Petroleum was the dominant oil producer in central Alberta. This grew the company’s confidence and developed an upsurge in the desire for growth and diversity as seen by the company’s interest in coalbed methane in that same year.


In May 2005, Obsidian Energy completed restructuring from a corporation into an income trust, a change that had been proposed by the board of directors nine months before. The conversion to an income trust meant that the company would dispense its earning to the unitholders prior to paying tax. This witnessed major part of the company’s cash flow rechanneled from reinvestment to payment of dividends to the unitholders.


High growth potential and the restructuring enchanted investors to the company followed. More investors meant more financial might, and with might came the acquisition of shares in Midale oil pools and four other oil properties in the three years that followed. Go To This Page to learn more.


The company experienced another major change in 2011 when a federal requirement forced income trusts to revert back into corporations. A year later a shift in focus would see Penn West Petroleum major on light oil resources.


A name change, and nearly seven years later, with David L. French as CEO, Obsidian is well adapted to the industry.

Obsidian Energy Continues to Thrive

Advancing a company’s performance or position means making changes. These changes are meant to transform and prepare the company for the new position or level that is anticipated. This is the same approach Penn West Petroleum Ltd used. Today this company is called Obsidian Energy. The overhaul was a success because the company later stabilized. It began performing better than before. The portfolio increased worth by adding valuable assets.

Having a good idea is one thing while implementing it is another. It is not always that people with good ideas are able to implement them successfully. David French is among the ones who were able to lead the company through the overhaul. He has been with the company since 2016 yet French has achieved a lot thus far. He appreciates whatever experience he got from his previous job. French has worked for a similar company to Obsidian Energy.


Although David is a good leader, he does not achieve daily success on his own. He has a team of qualified and experienced people. His employees are categorized in various groups and levels. This hierarchy is important in working towards the goals of the organization. David has competent managers and other leaders that he relies on to ensure daily operations are run smoothly. Obsidian Energy has a certain company culture that guides how people relate and work within the organization. This culture has helped to run things in the right direction. See Related Link to learn more.


Obsidian Energy understands that it cannot function without employees. Therefore, the company is mindful of employee welfare. It ensures they work in a favorable environment. Health and safety are priorities of the company. The oil business is also dynamic. Obsidian organizes events and opportunities for employees to learn. They can only be effective and competent if they are informed. Investing the employees has yielded good results because productivity has increased.

Obsidian Energy began on a strong note that got Stakeholders’ attention. This encouraging performance ought to be maintained. Changing the face of the company has brought a good outcome and the company is targeting higher heights. David French remains with a challenge of influencing his employees to perform better and continue growing every day. Obsidian Energy was at the apex of its success and was even among the sixty most prominent firms in the Toronto stock Exchange and was also a Canadian Royalty Trust (CANROY).


Read More: