OSI Industries is a privately held food processing corporation that was founded by a German immigrant Otto Kolschowsky in 1909. The international company headquarters is based in Chicago Illinois and for over a century now has grown to be a leading meat processing firm. OSI today boasts of tremendous growth in its operations and has a presence in over 17 countries, provides employment to more than 20,000 people and operates more than 65 facilities globally. OSI specializes in the production of value-added protein products such as sausages, Pizzas, and hamburgers among others. The firm’s products are packaged and sold to leading retail and food services companies such as supermarkets and restaurants.
OSI Industries has continued to show tremendous growth with a broader range of products coming under its banner such as non-meat products. The people behind OSI success are the firm’s Chairman and CEO Sheldon Lavin and David McDonald who serves as the firm’s President. The two are the brains behind OSI recent new acquisitions and expansion plans both locally and internationally.
OSI industries as part of its local expansion strategy recently acquired Tyson Food Plants at a tune of 7.4 million dollars. Tyson Food was about to close its operation as a result of it going bankrupt. The closure of the plant would lead to massive loss among the local community as the plant provided employment to more than 500 people. OSI Group rescued the closure through the acquisition of the firm and promised to retain the majority of the workers. The purchase was significant to OSI as the 200,000 square foot facility proximity was close to the other Chicago facilities. In a statement after the acquisition OSI North America senior executive vice president Kevin Scott said the facility would help enhance the firm’s capabilities of meeting the rapidly growing needs of OSI customers. Scott added that the firm is excited to have purchased the facility as it will help expand OSI manufacturing network.
Besides Tyson Food Plant acquisition OSI Industries has also made several other international acquisitions which include the Dutch-based Baho Foods. The purchase of Baho Food is meant to open the OSI market in Europe.
Their LinkedIn Profile: https://www.linkedin.com/company/osi-industries