OSI GROUP EXPANSIVE GROWTH IN THE GLOBE

OSI Group is a US based multi-billion dollar food manufacturing firm with production facilities in Europe, Asia, and America operating more than fifty facilities in over seventeen countries. The company whose headquarters are at Aurora Illinois supplies customized, and value added food products to food services and retail food firms in the world. Some of its products include pizza, fish, meat patties, hot dogs, bacon, vegetable products, pork products and poultry among many others. The company which was founded in 1909 was originally named as OSI Industries, but the name was changed to OSI Group LLC. Sheldon Lavin heads it as its CEO.

Strategic Expansions

Sheldon Lavin focus on green practices, food safety, and sustainability has helped the company grow using strategic methods that concentrate on the market. Recent years has seen the organization grow through some acquisitions which started in the 2000s. In 2002, the firm broke into the fresh produce market after an acquisition in China. The firm also ventured into the beef industry after an acquisition in Australia and in 2006 the company acquired an America poultry firm allowing it to venture into production of poultry food products. The expansion to Japan happened in 2010 when the firm opened a beef production firm in the country. Other expansions in India and Canada happened in 2010. The firm has also opened other facilities in the U.S in recent years.

In 2016 the firm acquired Flagship Europe which was a supplier of foodservice products in the UK. Flagship Europe had recently expanded its presence in the food sector after acquiring Calder foods which was a vendor of dips, marinades, sandwich fillings, sauces, and mayonnaise. In the same year, OSI Group also purchased Tysons food a storage warehouse and foods processing facility in Chicago that provided the infrastructure OSI Group needed to support its increased growth in the area. For more info about us: https://www.crunchbase.com/organization/osi-group#/entity click here.

Other acquisitions that happened last year include the controlling stake acquisition of Dutch Baho food which provided the firm with a wider reach in the Netherlands and also the opportunity to provide quick snacks and deli meats in addition to other meat products. The acquisition of a slaughterhouse Hynek Schlachthof GmbH based in Tauberbischofsheim, Germany provides OSI Group with access to raw fresh meat enabling the firm efficiently distribute its meat products to Germany and Europe.

Bottom-line

Through the able leadership of Sheldon Lavin who joined the firm more than four decades ago, OSI Group has continued to grow and has been a source of employment for over two thousand workers employed in the firm different locations in the world. OSI Group has also continually been of great impact to the communities in different parts of the globe.

OSI GROUP ACQUIRES NEW MANUFACTURING FACILITY

INTRODUCTION

If you’re not in the restaurant industry, you may not be familiar with OSI, which has been ranked as one of the top 100 food companies in America, but you have undoubtedly tasted their food. OSI Group founded in 1909, is a leading supplier of food products and maintains an impressive portfolio of restaurant clients, most notably McDonald’s. OSI is a global food processing company based in Aurora, IL; the privately held American Company is predicated on supplying quality food to a network of restaurants in the United States and abroad. These food products consist of meat patties, fish, poultry, and vegetables; according to Forbes the food processing company has a workforce of over 20,000 employees and revenue in excess of $6.1 billion.

OSI CUSTOMER BASE

The global food processing company was founded in 1909 and has undergone a series of name changes since its inception. Originally named the Otto Kolschwsky Meat Market, the business was rebranded as Otto and Sons in 1928, and ultimately OSI Industries, LLC in 1975. Operating as OSI Group, the food processing giant supplies foods to varying fast food restaurants including Subway, Pizza Hut, McDonald’s, Star Bucks, and much more. How does OSI satisfy the demands of a worldwide fast food industry valued at almost $600 billion? OSI operations consist of 65 facilities dispersed through 17 countries, all working in concert to supply high quality custom foods to their customers; OSI credits their global presence for their capacity to be consistent and responsive to the needs of their customers.

OSI PURCHASES FORMER TYSON PLANT

In an effort to further assert their dominance in the food processing industry, OSI Group purchased former Tyson Foods plant, based in Chicago, IL. The purchase was intended to broaden the company’s manufacturing network and in return, better meet the needs of their customers. The $7.4 million purchase of the 200,000-foot facility has not only improved manufacturing capabilities for OSI, but it also allowed several former Tyson employees to keep their jobs, which would have otherwise been lost when Tyson announced their plans for closing the facility.

REFERENCES

https://www.forbes.com/companies/osi-group/