Category Archives: Canada

Louis Chenevert Set a High Standard at UTC

Louis Chenevert Set a High Standard at UTC

Louis Chenevert left a lasting impression as the CEO of UTC. He was a leader who believed in setting the example so that others could clearly follow. Louis entered the company with the intention of making it a place that everyone wanted to work at. He changed the culture at UTC by allowing creative thinkers to express themselves and opening himself to fresh ideas. These perspectives helped take the business in a new direction. Louis is a short and long-term thinker who managed to keep UTC on the cutting edge of the technology industry. Innovative minds reshaped UTC into the successful business that it has become.

Technology will continue to change as consumers become increasingly sophisticated with their demands. There will always be a desire for the next new piece of equipment. Louis prepared for this by planning to hire 25,000 people in the United States alone over a three-year period. He believed that this was the type of internal investment the company needed.

Success within the main organization inspires action in its affiliate brands. Chenevert believed in treating his suppliers with detailed attention in order to assist them in delivering a great product. The company outsources a great deal of its activity. This means it is important to maintain effective business relationships. UTC spent 40 million dollars over a three-year period on its suppliers alone.

Great technology is created by people. Chenevert was the type of leader that encouraged his employees to think creatively. He wants them to push past limits and discover new possibilities within themselves. The UTC scholarship program is dedicated to helping talented team members in the organization realize their full potential. The company allows its employees to attend school and study a subject of their choice. UTC pays for the education.

Louis Chenevert hails from Quebec Canada. He attended HEC Montreal. HEC Montreal is the business school of the University of Montreal. Louis completed a bachelor’s degree and set out to have success in the world of business. He had a successful run with Pratt & Whitney that lasted six years before UTC. Louis also worked at General Motors for 14 years. Chenevert decided to resign from his position as CEO of United Technologies Corporation in 2014.

Greg Aziz, President And CEO National Steel Car

Greg Aziz, President And CEO National Steel Car

Gregory Aziz is the chief executive officer of the biggest engineering and manufacturing firm in North America. This is a company that have been in existence for over a century, the company was started by Sir Morison and Basir Magor in 1912. Ever since it has been operating with great efficiency. Under the management of Gregory, this company have managed to reach new heights of production capability. Greg Aziz has managed to pump in millions of dollars that has been used to renovate the company. Today the company has an efficient technology as well as workforce that is highly skilled to be able to produce products that are of very high quality in the market.

 

 

Gregory Aziz bought the company in 1994 from Dofasco. He has managed to make company one of the best companies in the world. National steel car deals with production of railroad freight carts and tank cars. It is the biggest producer of these products in North America. National Steel Car is located in Hamilton, Canada. It is the biggest company in the area. National Steel Car has managed to show its stability in the market by being able to have survived for so many years even when the world have witnessed major transformations in technology. Being an engineering company, it has to keep up with the recent technology that is coming out.

 

 

Greg Aziz bought the company at a time when it was not doing well. He came with a plan that would make the company gain its glory in the market. Greg Aziz ensured that he came up with a strategy that will make the company improve its production capacity. In the previous management, the company production capacity had declined by a huge margin. As an economist Gregory James Aziz managed to make the company great again. When it was coming up in early last century, it was one of the biggest in the country and the region. This status is being restored by the current management under Greg Aziz. Visit This Web Page for more.

 

 

National Steel car is now able to produce more than 12000 cars in a year. It has also been able to add a huge number of employees who will, make it possible for the company to manage its recent expanded operations. The company received TTX SECO award for quality, for over a decade. ISO have also recognized the growth of the company awarding it the ISO 9001:2008 certification. National steel car have is now a leading company in the region and t6h new CEO Greg Aziz hopes that he will be able to make the company grow even further.

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Gregory Aziz: At The Pinnacle Of Success In Freight Car Manufacturing

Gregory Aziz: At The Pinnacle Of Success In Freight Car Manufacturing

Gregory James Aziz serves at the helm of a firm that produces railroad freight cars. He holds the post of President and Chairman of the Canadian business called National Steel Car. Greg was born and raised in Ontario, London. He is a graduate of the Ridley College and Western Ontario University. While in college, James Aziz decided to major in economics. Greg joined the corporate world by first managing the family business that distributed food products to different parts of the United States and Eastern Canada. The company which was called Affiliated Foods imported fresh produce from South America and Europe and distributed it to the ready markets in US and Canada.

 

Gregory James Aziz has a history of working in the sector of financial services in America. The experience he gathered while working as an investment executive in New York came in handy when he was acquiring National Steel car. When he purchased National Steel Car, the company was grappling with issues such as limited capacity in manufacturing and lack of sufficient personnel. After Greg took over the stewardship of National Steel Car, the company increase its production capacity and skilled personnel. By employing an additional 2,400 experienced staff, the firm was able to record excellent financial results. Standardization bodies such as ISO have recognized the growth of the company awarding it the ISO 9001:2008 certification.

 

Today, National Steel Car is one of the most diverse and reliable freight car manufacturers in Canada. On its official website, the company indicates that for over a century, it has committed its resources to excellent and quality rolling stock products. James Aziz intimates that in as much as National Steel Car basks in the glory of its success, the enterprise is focusing on future growth. The firm is keen on leveraging modern technology to maintain its position as a leader in the manufacture of rolling stock.

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To create sufficient impact in the communities of Ontario, National Steel Car has championed several courses that seek to improve the lives of the people in that region. The company sponsors several local philanthropies such as the Hamilton Opera. During Christmas time every year, the firm organizes parties for its employees and their families. These events foster cohesiveness and teamwork amongst the employees. Related Article: https://about.me/greg.aziz

 

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How Gregory Aziz Grew National Steel Car

How Gregory Aziz Grew National Steel Car

For many large companies it is rare to be able to pinpoint one specific person that has truly guided the company to success over many decades of hard work (think Bill Gates). Yet, for National Steel Car, the world leader in the engineering and manufacturing of railroad freight cars, that is not the case. Gregory J Aziz has been a driving force that has pushed National Steel Car to greatness.

Gregory J Aziz is currently the Chief Executive Officer and President of National Steel Car, as well as Chairman of the National Industries Inc . The company is headquartered in Hamilton Ontario and has been there for over 100 years. National Steel Car is a key block in Canada’s manufacturing sector. In fact, it is the largest manufacturer of railroad cars in all of North America. The company employs thousands of people in Hamilton.

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Greg Aziz majored in economics at the University of Western Ontario before deciding to bring his business knowledge to his family’s business. He had a smart eye for growing a business. When he started with his family’s company, Affiliated Foods, in 1971 that company was a regional wholesale food business. Through the years, Greg James Aziz grew the company to become a global distributor of fresh foods. After a 16-year tenure working with the company it was distributing fresh foods to all major wholesale markets across the United States and Canada.

Aziz then worked for an investment banking company where he saw success. National Steel Car was one of his clients and in 1994 he facilitated the purchase of the company from a previous owner. This purchase brought National Steel Car back to its former glory. It took National Steel Car from being the largest rail freight car manufacturer in Canada to be the largest in all of North America. Check Out This Article for additional information about Greg Aziz and his company, National Steel Car.

 

After the purchase, Aziz started his career with National Steel Car. Right away he placed a focus on growth. He was passionate about not only expanding the company, but expanding the workforce. Investing in human capital has always been important to Greg Aziz. In just a few years he was able to successfully grow the company from a team of 600 to almost 3,000 employees. With more hands-on deck, National Steel Car rapidly expanded its production. When Aziz started with the company they were producing about 3,500 cars per year. Three short years latest their production was up to nearly 3,000 rail cars per year.

 

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Gregory Aziz, CEO of National Steel Car

Gregory Aziz, CEO of National Steel Car

For more than 100 years, National Steel Car has been in the forefront in providing the best railroad products and trucks that are durable and of good performance. As the owner, Gregory James Aziz is always gratified because of the strides National Steel Car has made. He is constantly thankful to his employees for holding his company down and always in the lead in innovation and making many products.

 

Gregory J Aziz plays three roles in the company; he is the chairman, CEO and president. Born in Hamilton Ontario in 1949, he attended Ridley College and majored in economics in University of Western Ontario. After studies, he went to do business selling food in their family wholesale outlet called Affiliated Foods. His efforts managed to add the company value. Affiliated Foods became a household name globally. They sold merchandise in Eastern Canada and USA.

At National Steel Car, he took over the firm after making immense sacrifices and savings. Greg Aziz managed to acquire the whole company which was under the ownership and management of Dofasco. When he took over the organization in 1994, he wanted to make it the best engineering plant in the world. Greg Aziz went to large scale production of vehicles because he had enough factors of production for mass manufacture of merchandise.

 

With a sufficient labor that was very qualified, he constantly increased the number of cars produced from 3500 units to 12000 units of cars. The record numbers were unique and sales in Canada and USA went up because of the good cars coming out of the factory.

 

People who have jobs in the firm are more than 3000 as by 1999. As at now, they have employed more innovative employees who can steer the company to higher levels of competition to set standards for competitors to simulate. They boast of being the only firm that creates railroad freight cars in USA. Find Related Information Here.

National Steel Car is ISO certified and has been continuously recognized by large organizations like TTX SECO with the highest award. Because he is generous, Gregory Aziz contributes funds and is involved in the operations of the Hamilton Community. Many foundations like the way he supports good courses and the lucky ones include; United Way, Theatre Aquarius, Salvation Army and Hamilton Opera just to name a few. In festivals and holidays, he usually invites former employees so that they can celebrate together the achievements made by the company.

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OBSIDIAN ENERGY LTD: AN OIL AND GAS PRODUCING COMPANY

OBSIDIAN ENERGY LTD: AN OIL AND GAS PRODUCING COMPANY

Obsidian Energy Ltd is a medium-sized oil and gas producing company in Calgary Alberta along the sedimentary basin of western Canada. The company was earlier the Penn west exploration, Penn west energy Trust, and Penn West petroleum until June 26th, 2017. It was among the sixty largest companies on the stock exchange of Toronto and became a Canadian Royalty Trust from 2005 to 2011 attaining its market capitalization of US $9.5 billion approximately. The core sources of production zones comprise the Alberta Viking, Peace River oil sands, and the Pembina Cardium.

Changing the name to Obsidian Energy was approved by the stakeholders of Penn West. The CEO, Dave French, revealed that the reason behind choosing the name was because obsidian was a volcanic gas, naturally occurring and could be easily ‘sharpened and honed.’ For belonging to Canadian royalty trusts, the company’s dividends were not taxed at a consistent dividend rate and as a return on its capital but not on investments hence an advantage even to the United States. The government ultimately collapsed obliging the trusts to pay similar taxes as the corporations. The dividends were in the long run cut since all trusts converted to businesses. The currently obsidian in January 2011 switched to a conventional company from the Canadian royalty trusts.

 

The Obsidian Energy Ltd has a balanced holding of quality assets that produce roughly 30000 boes daily. The organization and its assets promote an entrepreneurial spirit needed in the business industry for exceptional entrepreneurial outcomes. The company carries out its mandate with passion, discipline and full accountability to its partners, stakeholders and the community around it. All this has been a positive turn around by the company and as result, the company is now enjoying a great period of success.

 

Obsidian Energy Ltd, through its community matters program, aims at positively impacting the communities in which it lives and functions. It carries out its daily operations responsibly, respectfully and openly interacting with its area residents in addressing their concerns, mitigating oil and gas operational impacts with a goal of minimizing the effects on the environment through their environmental programs.

 

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Obsidian Energy, Incorporating High Tech Operations In Oil And Gas Production

Obsidian Energy, Incorporating High Tech Operations In Oil And Gas Production

The Chief Executive Officer of Obsidian Energy, David French, made his remarks concerning the change of the company’s name and their next move. The renaming was the final wrap-up to the transformations that had been put into place. David insists on upholding the company’s major principles which include relentless pursuit of innovation and progress, disciplined commercial and technical decision making in protecting enterprise value, and lastly accountability and transparency in their operations. Obsidian Energy has a favorable position and prudent hedging strategies and plans to utilize its valuable assets.

 

The resolutions put in place have been approved by their esteemed shareholders. Obsidian Energy has its location in Alberta where it harbors both oil and gas fields. The fields are suitably situated along the Western Canadian Sedimentary Basin which prides in being the world’s biggest petroleum reserves. Major production takes place in three major points which include the Pembina Cardium, the Alberta Viking, and the Peace River oil sands. The company is an intermediate size and has a well-balanced portfolio of high valued assets.

 

Utilizing these available resources with the organization’s high-tech equipment offers a sufficient platform for them to deliver outstanding results. The organization is based on an entrepreneurial spirit which has played a major role in boosting their success in the evolving industry. Discipline, relentless hard work, and passion are values that all personnel at Obsidian Energy are subjected to in order to meet the demands of their partners, shareholders, and the communities they serve.

 

Before the name change, the company was called Penn West Petroleum Ltd. Penn West had to undergo significant reforms and changes that cut across all their business aspects. This drove them to redefine the company and make major decisions on how and where they wanted to direct its growth. With the changes put in place, the company has come out leaner, more capable, and stronger than it ever was. The new path would now be followed by Obsidian Energy, to represent a new beginning.

 

Obsidian Energy is committed to ensuring that they bring a positive impact not only in the industry but also with the communities they come into contact with. They have environmental programs which seek to be at par with all environmental regulations. This is made possible through resource conservation, stakeholder communication, and proper reclamation practices.

 

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What You Need To Know About Obsidian Energy

What You Need To Know About Obsidian Energy

Formerly known as the Penn West Exploration Ltd, Obsidian Energy is a medium-sized company that specializes in the production of natural oil and gas, and is located in Calgary, Alberta, Canada. For some time, Obsidian managed to emerge as one of the top sixty largest natural oil and gas producers between 2005 and 2011. In 2008, Obsidian Energy managed to reach the peak of its production by accumulating a total of US$9.5 Billion as its gross profit.

 

Work Experience

 

Due to the significant drop in the prices of oil that took place back in 2014, the company faced manacles of financial crisis that actually had a great impact on its performance over a short period of time. The major drop in the oil prices compelled the management to sell some of the company’s assets and even do some restructuring so that it could be able to cover the debts. The above-mentioned process took place within two years following the financial instability that Obsidian Energy underwent.

 

Location

 

The obsidian Energy plants are situated in Alberta around the basin known as the Western Sedimentary Basin. This region is also known to be the world’s best and biggest oil reserve as compared to the ones in the Middle East. Alberta receives production from three major areas before being supplied to the market; the three regions include the Pembina Cardium, Alberta Viking, and River Oil Sands. According to reliable sources, the gross 2017 production is eluded to be 31,000 bbl on a daily basis.

 

Though the company faced a number of challenges that came as a result of a significant drop in the prices of oil in the world, it still managed to survive. It is, therefore, safe to conclude that the management that was regulating the duties undertaken by the company at that point did an amazing job. By carefully allocating the scarce resources that were available at that moment, the company managed to spring back to life and make some more profits that enabled it to expand its operation within the nation.

 

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National Steel Car is Now Among the Best Thanks to Gregory Aziz

National Steel Car is Now Among the Best Thanks to Gregory Aziz

For the bulk of his career, Gregory James Aziz has been making things better for companies that he works with. This is something he is good at because he is a business person. He knew what he needed to do to make a difference for people he was helping. He also knew the businesses he worked with needed his help because he has done things the right way for many years. Since he was so good at helping companies, he wanted a chance to do something on his own. He felt the need to own a company, so he would be able to truly make a difference for himself while also bringing an old company back to life.

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The opportunity came when he saw the National Steel Car company starting to go under. This company had been in business for years and provided steel cars to companies around North America. It was something that was a good company and had business in Canada, the United States and Mexico. Because of this, Gregory Aziz wanted to make sure he could actually help it and bring it back to life. The business was Canadian as was he, so he felt it was something he would be able to do. Visit This Web Page for more.

 

After Greg Aziz purchased the steel car company, he immediately started working on bringing it back to where it needed to be. he wanted to make sure it was a successful company, so he put a lot of effort into it. This is what gave him the chance he needed to be successful in every way possible. He felt it was a part of who he was as a business person now since he owned the company. While working tiring hours and using a lot of his own resources, Gregory Aziz often wondered if the company would pay off for him.

The good news came when Gregory J Aziz saw the company become extremely successful. Not only had it been restored back to what it was, but it was even better than what it had been in the past. He created proprietary measures for producing the cars and even did different things to help make sure he was getting the best opportunities possible. Because of this, National Steel Car has continued to grow and is now one of the best companies in the entire rail industry sector of the North American countries of Canada, the United States and Mexico.

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Gregory Aziz’s Entrepreneurial Journey

Gregory Aziz’s Entrepreneurial Journey

Gregory James Aziz was born on April 30, 1949, in London, Ontario. He went to Ridley College then later proceeded to the University of Western Ontario where he studied Economics. Gregory J Aziz is now the current Chairman, President and Chief Executive Officer of National Steel Car, a Hamilton, Ontario based company that manufactures railroad freight cars.

 

At a young age of 22 years, Greg Aziz joined Affiliated Foods, a family-owned company whose core business was distribution of fresh foods. Greg Aziz helped the company grow to be a leading importer of fresh foods in Europe and the Americas, distributing to major fresh food markets across the United States and Canada. Get More Info Here.

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In 1994, Greg Aziz bought National Steel Car Company from Dofasco from proceeds of investment banking opportunities he had taken advantage of in the late 80s and 90s paid off. One of his goals after purchasing the company was to tap into the unexploited market in an effort to make National Steel Car the leading railroad freight car manufacturer in North America.

Within five years of purchase, the company was able to leverage on its strong engineering expertise, team-work, and also through immense human and capital investment to exponentially grow its manufacturing capacity from 3500 cars per year in 1994 to 12000 cars per year in 1999. Within the same period, the National Steel Car was also able to create more than 2000 jobs.

Today, National Steel Car prides itself as the industry leader in new car innovation, with a building capacity of thousands railroad freight cars per year. They attribute this success to their unrelenting quest of designing, engineering, and manufacturing prowess and also their unwavering determination of staying at the top.

 

As part of its Corporate Social Responsibility programs, National Steel Car has sponsored several events including Theatre Aquarius and the Hamilton Opera. More works supported by National Steel Car include the United Way and the Salvation Army among other local charities. Each end year during Christmas time, several employees, both former and current, together with their families, attend the Company’s Christmas Party where they also participate in major food drives for the local food banks.

 

Greg and Irene, (his wife) are also sponsors of The Royal Agricultural Winter Fair which happens to be one of Canada’s most popular agricultural fairs that takes place every November in the City of Toronto where they celebrate the best in agriculture, local food, and equestrian competitions from across the country.

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