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/