Everyone has heard of Mcdonalds, but have you heard of OSI Industries? They have been the supplier to Mcdonalds for over 55 years and are now one of the largest food providers in the world.
The industry first got its start during the 20th century at the height of European immigration to the US. In 1909, Otto Kolschowsky, a German immigrant living in Chicago, opened up a retail meat market and butcher shop. By 1928, the official name was changed to Otto and sons. Where does Mcdonalds and OSI Industries connect? It was the popular chains’ first supplier of fresh ground beef.
It took another two decades for Otto and Sons to transform from a regional company to a global operation, and it wasn’t until 1975 that they officially became OSI Industries. During this time, the company also expanded internationally which meant it expanded to not only be a family run business but also include outside parties.
As the company grew bigger and there was a larger demand for their products, they had to get innovative. They began to use a process called, flash freezing. Through this, the food is frozen using liquid nitrogen which has helped with cost reduction and expansion of product.
The Mcdonalds-OSI relationship was so strong, in 1973 OSI Industries built a plant dedicated solely to Mcdonald’s product!
OSI Industries has grown and flourished so well over the years that in 2016 it ranked #58 on the Forbes list of largest private companies and continues to make an impact on American soil, as well as foreign.
Recently in 2010, the company has relied on research and development, opening two Culinary Innovation centers, to better understand their clients to produce new and improved products. Due to their efforts of consumer happiness and environmental safety, the company has won multiple awards, such as the California Green Business Award and the 2016 Globe of Honour. OSI buys former Tyson Foods plant on South Side for $7.4M
For a company you’ve never heard of, they have been the backbone of one of the worlds most successful fast-food chains and continues to make an impact all over the world.
To know more visit @: www.forbes.com/companies/osi-group/
OSI Food Solutions is a highly successful company of food processors that sell on the wholesale market to retail and foodservice customers. The company holds the distinction of being rated as one of the best 100 food businesses in the U.S. as well as being a global leader in its industry. The company has operations in North and South America, Asia and Europe and services some of the most recognized brands in the restaurant industry. OSI started out as a small family meat company before moving into the wholesale business. After more than a century in business, the company continues to maintain a reputation for excellence and innovation and is always looking for ways to expand its business model. The company’s overall operations are under the visionary leadership of longtime Chairman and CEO Sheldon Lavin who has been with OSI Food Solutions since 1970.
Making Big Waves In Europe:
OSI Food Solutions has been making some major waves in their European market over the last couple of years. From making big upgrades and acquisitions to winning major European awards for outstanding environmental management, OSI Food Solutions has had what can only be described as an incredible last several years building its brand in Europe.
The Big Upgrade in Spain:
The OSI Food Solutions processing facility in Toledo, Spain recently had a €17 million upgrade that has boosted the production of processed chicken at the facility from 12,000 tons to an impressive 24,000 tons every year. The facility now reports a total production of 45,000 tons per year of processed chicken, pork and beef.
Acquisitions and Partnerships:
Several acquisitions and partnerships have drastically increased OSI Food Solutions’ market share in Europe. The 2014 cooperative venture with the U.K. food company Pickstock has allowed a hugely expanded distribution of beef for OSI in the European market. 2016 saw OSI Food Solutions acquire valuable and respected European food outfits Baho Food and Flagship Europe, both adding important additions to the OSI product portfolio that have the company’s customer base feeling really good about the company’s direction.
2016 was a year of big acquisitions for OSI Food Solutions in Europe and also a year for a big award. The British Safety Council was thrilled to honor the company with its Globe of Honour distinction. This award recognizes commitment to environmental management and sustainability, qualities that OSI has put a large premium on.
The growth of OSI group has been-been a journey reminiscent of several business ventures. It, however, stands out of most other companies have been in the food processing business 100 years. It all started in 1909 when Otto Kolschowsky started a small meat market in Oak Park, Illinois.
Through the years, a lot of changes have met the company and the acquisition of a controlling stake in Baho Food, a prominent Dutch supplier, and manufacturer of meat products is just one of them
Recently, OSI Industries bought out the diminishing Tyson Foods plant in Chicago in a transaction said to have cost $7.4 million. This acquisition is expected to broadly expand OSI’s ability to meet increasingly changing market demands.
In Europe, OSI Industries stamped its presence by acquiring Flagship Europe, a food service supplier known for frozen poultry, pies, sauce as well as dressings.
The spread of OSI Industries networks has enabled the organization to win several prestigious awards, the most recent one being the Best Global Diversified Food Supplier–U, presented by Trade Monthly Magazine. This achievement was acknowledged through its subsidiary in the United Kingdom, Flagship UK.
OSI Industries has been keen to segment and diversify its business. They are well established in customized packaging of processed foods including beef, pork, poultry, and seafood.
In 2016, Forbes ranked OSI Industries at number 58 on the list of largest private companies with an asset base of $6.1 billion.
The company has been very keen on training and retaining its workforce which they acknowledge as the most valuable asset. In fact, the company takes pride in having a very low employee turnover, making it easy to pass important skills while rewarding and retaining the best workers.
With its rich legacy, a solid capital base and the potential for growth, it is not surprising that OSI Industries easily makes it to the top 100 food Industries in the United States.