OSI Group is a meat processing holding company that is concerned with both the retail and food services industries. Just like any other business, the group started in humble background. Because of good leadership and management the group has been growing impressively for a span of over a hundred years. It started like a butcher shop that dealt with meat market in Chicago. During those days it was called Otto & Sons, USA. Today the company has grown so much and it has many branches in most parts of the world. OSI Group has also secured business partners from all over the world.
Sheldon Lavin, who is the CEO of the company intends to continue growing industries through the use of strategic marketing skills. In the year 1955, the company was the first one to be chosen to start supplying McDonald’s with hamburger and that is exactly when its growth started. In the year 1973, the company went ahead to open a plant that was dedicated to only aiding McDonald’s. During the 1970’s the company partnered with a number of people and this steered its rapid growth into the global market. Otto & Sons eventually became OSI Group during the year 1975. Since then OSI Group has expanded into a number of countries the likes of Phillippines, Mexico and so many others. It then became a global company with global operations, but with a team of management at the grassroots that understood its market environment so very well. The management team satisfies their customers’ needs and this they achieve through engaging these customers in advance and understanding exactly what and how they want.
In the new millennium the group continued to grow aggressively through in countries such as China, Australia and America. OSI Group also acquired Tyson production plant that was already existing in Chicago at a cost of $7.4 million. The company also grew through joint ventures for example in the United Kingdom with Pickstock and in Germany with EDEKA. The joint ventures were so useful in that it helped the company in expanding its distributions.
Read More: www.forbes.com/companies/osi-group/