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.