Fortress Investment Group Forms Partnership With Virgin

While British billionaire Richard Branson is perhaps best known for his ambitious plans for filling the skies with supersonic jets, he recently made headlines by making an investment in a more traditional form of transportation, railroads. Branson is lending the name of his company, Virgin, to the railroads in the United States run by Fortess Investment Group. The new company name will be Virgin Trains USA.

An ambitious plan

Currently, Fortress Investment group operates railroads in Florida, and their operation is going extremely well. Their vision is to take their railway service nationwide, which is a hugely significant development since it will be a private-sector railroad system in a country where government-subsidized Amtrak has long been the dominant intercity railroad company.

Even though millions of Americans ride on intercity trains each year, currently Amtrak is virtually their only option. Amtrak came into existence when the Federal Government consolidated existing railroads from private companies, and the planned Fortress Investment Group system will be the first privately-funded, intercity railway system built in over a century.

With Branson’s backing, Fortress Investment Group plans to first extend their Florida service to Orlando and Tampa and, pending Federal approval, next to Las Vegas and Southern California. Wes Edens, chairman and co-founder of Fortress Investment Group, plans to ultimately add lines to Charlotte, St.Louis, Dallas and other major cities. Read the article about Fortress at The Wall Street Journal.

A winning formula

As far as the new company goes, Fortress Investment Group will operate and manage the railroads while Virgin will have a stake in the company of a few percentage points in return for its investment. Richard Branson said that he is thrilled with the new plan. He noted that he has struck similar deals with other United States firms, and his company Virgin America, which operates on a similar model to the planned railroad system, has been extremely successful.

Visit: https://www.fortress.com/about

 

The Tactics that Gregory Aziz Utilized to Foster Success of National Steel Car

Gregory Aziz is the leader who gave National Steel Car gloss for about two decades since it was founded. His leadership has been outstanding in the company and it has enabled him to steer his duties as the CEO of the organization with professionalism. The effort his has place in the company targets the quality delivery of services to the consumers that are within reach of the company. Aziz has shaped all the necessary measures within the system of the National Steel Car to set the right place in the market.

 

The firm has set the required standards of the railroad products through the commitment of the Gregory James Aziz. There are various step that organization has made through the decision of its board. For example, it has turned its direction in reaching closely to its clients in most areas of the world by coming up with several associate offices. All the information collected from the managers of the small offices are directed to the head office where they are analyzed and passed through critical discussion by the team of experts to make the products of the company fits the requirements of the clients. The moves have made National Steel Car sustained its trust in the market for the last 15 years of its services. The company has been on the top-ranked in the production of the railroad materials in South America. The facts about the success of the National Steel Car is the commitment of the Gregory J Aziz. All the staffs that are performing the duties of the firm are passed through series of interviews before confirming their authenticity in the company.

 

National Steel Car has set its record as the railroad company registered by the ISO in North America. All the operations in the field of products fit the stated regulation of the ISO. Gregory James Aziz has boosted the strength of the company in the market through his wits of reading the trends. The primary responsibility that he plays currently in the organization is to oversee the quality of the companies produce and create a better alternative of the National Steel Car whenever it came across the hurdle in the scene of marketing.

 

Gregory James Aziz is a professional economist who graduated from University of Western Ontario. He has utilized his skills in creating opportunities in the world of business. The experience he has gained long ago while serving in the food business of the family company. It demonstrated his abilities in the arena of management and set the firm in the international market. Get Related Information Here.

 

Gregory James Aziz is an experienced businessman with excellent managerial skills that he has applied in steering the National Steel Car to the right niche.

 

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

 

Bringing Back the Industry: Gregory Aziz and National Steel Car

Gregory James Aziz is a well-known name in the Canadian railroad industry, and his past successes are currently being taught in business classes. His revival of National Steel Car is something of a miracle, and there are even some case studies being taught in Universities to highlight the importance of a goods strategy and business knowledge.

Gregory J. Aziz was born and raised in Ontario, Canada, and he has always had a close affiliation with his hometown. After graduating at Ridley College and later joined Western University. Aziz worked for his family’s business. He soon realized that he had a great business ability and knowledge, bringing Affiliated Foods from being just a local distributor to a worldwide food distribution corporation. He wanted to get into something new, however, and set his sights on National Steel car.

NSC had been a prime company in the railroad business for nearly 100 years before Greg Aziz had even heard of it. They manufacture red rolling stock for the best railroad companies in Canada for years. However, poor management and a lack of strategic discipline caused the company to spiral downwards, and an industry shift from rail transport to truck transport in the 1970s only caused its further decline. On the brink of bankruptcy, the company was purchased by Gregory J Aziz who was able to turn the whole thing around.

Gregory J Aziz made it his mission to bring back National Steel Car. After making himself CEO, he started change up how things were done. He put a focus on engineering and creating quality cars, shifting away from the previous strategy of making low-cost cars for customers. He knew that new regulations and a shift in the market dictated that customer would want higher-quality and longer-lasting products. He also realized that sales were being stifled by a lack of production capacity. He promptly hired several new employees and invested in new machinery and equipment that would increase this capacity.

 

Steadily, more and more customers were attracted to this new way of doing things. A new marketing approach focusing on higher-quality and better-engineered cars than the competition put NSC on the map. Now National Steel Car is one of the only rolling stock manufacturers left in the North American Market. They have deals with every major railroad and several companies all over Canada and the U.S. The company brings in over $200 million each year, and quality awards have been won there since 1996. Thanks to Gregory James Aziz, National Steel Car was brought back, and the railroad industry has started to be revived.  See This Page for related information.