Even with an impressive record of expansion and increased productivity, OSI Industries have continued pushing for new growth avenues. The multi-billion-dollar food manufacturing organization continues to expand by purchasing other food companies that align with its goals and values. According to David McDonald, the company’s president, OSI doesn’t limit its growth on capacity but also aims for increased sales. To achieve this, they have partnered with suppliers and clients to ensure consumers get what they want.
Enhancing its domestic presence by maintaining a diverse range of products has been on top of OSI expansion agenda. According to Chicago Tribune, OSI paid $7.4 million for the acquisition of a former Tyson Foods plant in Chicago. The 200,000-square foot facility brings on board more product lines like beef items, pork items as well as poultry and vegetable products. Tyson Foods had planned to close the plant due to costs, a move which would have cost the community job market nearly 500 jobs. OSI came to the rescue by acquiring the facility and allowing most of the employees to retain their job positions.
Worldwide expansion has also been a part of OSI’s growth plan. By purchasing Flagship Europe, OSI Industries brought additional clients and products to its global market. Flagship Europe brought varieties like frozen poultry, dips, marinades, sauces, and dressings. The addition of Baho Food, a Dutch manufacturer, to OSI Industries in 2016 gave the company an even broader presence in Europe. Even with its expansion, OSI still ensures safety and quality of food are maintained by standardizing its production. This commitment to quality has enabled OSI Industries to conform to regulations maintaining its position within the international market.
The company has maintained an impressive growth rate for more than a century and is ranked among the largest privately-owned companies in the world. A well-orchestrated growth plan allows the company to operate in 16 countries outside the US. McDonald credits Sheldon Lavin, the company’s CEO, as being the energy force behind the company’s growth. For more info about us: https://www.facebook.com/OSI-Group-106191179472361/ click here.
About OSI Industries:
Headquartered in Aurora, Illinois, OSI is a food processing company providing custom solutions and products for food service and retail brands. The company products include bacon, pizza, fish, pork, poultry, and vegetable products. Established in 1909, the company has set up plants across the United States in areas like Chicago, Oakland, California, Utah, and Fort Atkinson among other areas. In total, OSI has more than 65 facilities located around the world.