The Acquisition and Success of OSI Group
OSI Group was established in 1909. In the beginning, it was a small butcher shop, and meat center in Chicago called Otto & Sons. However, today it is a large company with over 65 partners and branches worldwide. The company has a history and plays a vital role in universal food industry. The OSI group produces an impressive variety of goods ranging from beef and chicken to vegetables, pizza, sauces, and sandwiches. The corporation’s headquarters are located in northern Illinois City called Aurora. David McDonald is president of the company, and Sheldon Lavin is the CEO. The two are the top leaders of the enterprise, and they have expedited the company’s global development in recent years.
The OSI group established its first facility in China in 1992. They began supplying food to quick-serve restaurants. After some years, they started providing chicken, beef, pork, onions, and eggs during the Olympics. The visitors were satisfied by the quality of their food. The sporting events enabled the company to expand to Asia because it was now becoming famous. In 2010, they opened a new beef plant in Japan under the name Orange Bay Foods (OBF). The OBF invited massive investments from the outside, which created opportunities for local packaging firms and the transportation companies. Even though the company’s size appears to be impersonal, the group continues to form personal connections with other groups where it functions in Illinois. The OSI group upholds a productive association with Ronald McDonald House and other firms like Feeding America. The company’s growth is connected to positive growth factors in the community.
David McDonald, the company’s president, has communicated the plans for the company’s expansion. He said that the company aims to expand and open additional facilities consistently. McDonald credited OSI’s chief executive for the growth strategy. He said that Lavin has always wanted to broaden the business and its product line. David also stated that they are putting extra effort to acquire changing desires. More customers are seeking healthy products, for instance, organic and natural foods.
The companies are expected to maintain the growth pattern in the years to come. The company is always looking forward to the next acquisition. The future of the OSI group seems bright. Food remains constant, regardless of the economic fluctuations. Besides the world population continues to increase every day. The commitment of the OSI Group to quality and efficiency enables it to compete healthily with fellow suppliers.