OSI Industries Continues To Grow Internationally

The privately-owned meat processing company OSI Industries is currently ranked on the Forbes List as one of the most profitable and successful private companies globally.

OSI Industries was founded in Oakwood, IL in 1909 by German immigrant Otto Kolschowski. By 1917, he was able to expand his company and move his company to Maywood. By 1928, the company became known as Otto and Sons. Over several year, Otto and Sons earned the reputation as one of the best established meat companies in the state.

As Otto and Sons continued to grow, they were able to secure a deal that had a direct impact on the company’s future. As it turns out, future McDonald’s restaurants owner Ray Krok launched his own family-style restaurant in Des Plaines, IL. He would need a meat provider for his business and entered a hand-shake deal with Otto and Sons. Find out more about of OSI at Craft

Otto and Sons son became the sole provider of meat products for all Midwest McDonalds restaurants. As McDonalds grew, so did the fortunes of OSI Group.

By the late 1960s, OSI Industries was on the cutting edge of new manufacturing technology. The company developed the revolutionary cryogenic freezing, which freezes meat with nitrogen. The company was also looking into expanding internationally.

In the early 1970s, financial banker Sheldon Lavin was hired by the Kolschowski brothers to oversee the international financing. So impressed with his work, the brothers offered him partnership. Lavin initially turned it down, but after the brothers were set to retire, he reconsidered.

Lavin was brought on board and bought out the brothers’ controlling interest. Under Lavin’s leadership, OSI Industries expanded into a number of international territories. The company now has 20,000 employees in 17 countries.

They have acquired a number of companies over the years including Baho Foods and Moy Park.

Today, the company has a net worth of $6.1 billion.

Read more: https://www.glassdoor.com/Overview/Working-at-OSI-Group-LLC-EI_IE19677.11,24.htm

 

OSI Food Solutions Continues To Take Root In Spain

OSI Food Solutions, the company behind the production and distribution of chicken, beef, and pork products in Spain is taking deep roots in Spain. Recently, the company announced the expansion of their Toledo facility. The expansion, which was partly funded by European Agricultural GOSI Food Solutions Continues To Take Root In Spaiuarantee Fund, is likely to one of the latest efforts by OSI Food Solutions to increase its production and sustainability. Speaking during the launch of the facility, the company’s Managing Director José María del Río said that the expansion has come at a time the company needed it most.

It is expected that once expanded, the Toledo –based company will have more than 22, 600 square feet. This is enough space that will enable the company to double its production from 12, 000 tons to a whopping 24, 000. The expansion also allows OSI Food Solutions to fulfill one of its pledges to improve alleviate unemployment problems in Toledo. Currently, the food production company employs over 20, 000 people globally. This number included the current 160 employees in Toledo. The new facility will cater for among other things refrigeration rooms, production development kitchen, supply storage area, production hall, shipping and receiving areas and employees’ lounge among other rooms.

During the launch of the expansion, OSI Food Solutions Chief Operating Officer David McDonald announce that this latest achievement has enabled the company to add to its portfolio a number of new products that for a long time have been on the consumers’ order list. McDonald said, “We’re very happy that OSI is making huge strides towards achieving its millennium goals. Our new expanded facility will enable us to increase the number of beef, pork, chicken, and other products. Some of these products have been on the waiting list long enough but now we will deliver and sustain them.”

OSI Food Solutions is headed by experienced managers, some of whom have been in the industry for more than 40 years. Sheldon Lavin, the CEO and Chairman for instance has been in the agricultural production industry for a period of more than 40 years. José María del Río and David McDonald have also been with the company since its infancy. Both of them have seen the company grow from humble beginnings to receiving The Global Visionary Award, Edward C. Jones Community Award among other honors.

The Spanish Toledo expansion is only one of OSI Food Solution’s many reasons to remain a top of the rest. The company has had a history of acquiring many small properties and turning them into huge sustainable facilities.

Contact OSI Food Solutions: www.forbes.com/companies/osi-group/