Building a credible reputation is the key to steady expansion, and OSI Group is one of the few holdings across the globe that knows the tips to consider. The holding is a private and independently run company that is well-known for its fresh meat supplies and other related food services. The private company is headquartered in Aurora, Illinois.
The company boasts of being in the game for more than a century after it was established in 1909. The venture was Otto Kolschowsky’s idea after he opened a meat market in Illinois. The fact that Otto was a German immigrant did not hinder him from pursuing his dream. Two years down the line, Otto moved to Maywood, Chicago to establish a wholesale meat business as a way of expansion.
Within a short time, the business was picking pace. In 1928, the company was rebranded as Otto & Sons. Under Kolschowsky’s tenure, the venture was swiftly attracting the attention of the local people for its quality meats. Otto & Sons came to the limelight when McDonald’s made its way to Illinois in 1955. McDonald’s chose Otto & Sons as the supplier of ground beef patties which meant more and more business deals in the future. Over time, Otto & Sons had become one of McDonald’s meat suppliers.
In 1973, the successful meat supplier launched a high-volume base in West Chicago. The new plant had a particular unit which facilitated other duties that were not related to McDonald’s. After two years, Otto & Sons changed its name to OSI Industries as a move to allow expansion. During that tenure, McDonald’s was also experiencing geographical growth which meant growth too for OSI Industries.
Over the past few decades, OSI has been undergoing tremendous growth owing to the presence of talented executives such as Sheldon Lavin. Today, the talented chap serves as the company’s chairman to the board of directors and CEO. Sheldon has the full control of interests at OSI Industries, and this has seen him named the top compensated CEO. Sheldon joined the company as an inactive member before McDonald’s persuaded him to get involved with the business directly. Sheldon’s presence in the company has brought more than enough benefits as it has grown into a global platform.
Sometime last year, the company was ranked number 58 on the Forbes’ list of private companies worth $6.1 billion. Today, OSI Group has plants in West Jordan, Utah, Fort Atkinson, Wisconsin, Riverside, California, Lowa, Oakland, Geneva, and the prominent in both Chicago and West Chicago. Today, the group works in close collaboration with renowned food brands in the production and packing of their products. Currently, the company is spread over 17 countries with over 65 stations and more are expected to be launched in the future to meet the high demand for the supplies.
OSI Group Info: www.foodprocessing.com/top100/profiles/osigroup/