OSI Group, LLC is an organization that deals with food processing. It is the biggest privately owned food production company which is even ranked among the top 100 largest private companies in the United States. OSI Industries is currently a global firm that is pushing its growth to more regions in the world. Currently, its operations are in 17 countries on different continents. The growth of the firm is even based on the need to provide food products that meet the needs of the people. With production on high gear in recent times, the company is aiming at having their products in every corner of the world. OSI Group buys former Tyson Foods plant in Chicago.
OSI Industries has a long history of development. It has come from very humble beginnings. It was started by a German immigrant known as Otto Kolschowsky. The initial aim was to supply the people around Chicago with meat products. Due to a combination of its entrepreneurial skills and demand from the market, the butcher shop kicked off very well, and after a short time, it had grown to a wholesale business which even forced Kolschowsky to change the location of the business. In 1928, it was renamed to Otto & Sons, after he brought in his two sons to help with managing the business, Harry and Arthur would play a significant role in the growth of the business as they were energetic and ready to fulfill the needs of the business.
In the mid-20th century, they entered into an agreement with the McDonalds which had just been opened. They were contracted to supply hamburgers to the McDonald’s. This deal was the deal-breaker for Otto & Sons. It propelled them to levels they never anticipated. With McDonald’s growing rapidly all over the country, there was demand for more products, and therefore Otto & Sons had to do more to meet the needs of the market. OSI Industries constructed the first food production plant in the region that would deal with supplies to McDonald’s only. The side of the business which was not dealing with McDonald’s was sliced away from Otto & Sons.
Due to the rapid growth that was being witnessed in OSI Industries, there was a need to have a manager who would push the business to new frontiers. Although the two sons of Kolschowsky had done very well, they were nearing retirement age, and the business was about to go global, the role of an experienced financial and investment expert was needed. This was when the company decided to hire the services of Sheldon Lavin who joined as an equal partner. His role was instrumental in the development of this company as he would later take up the mantle of leading the company to global growth.
OSI Industries info: www.kununu.com/us/osi-industries