The OSI Group is one of Chicago’s leading meat products supplier company. 2016 was a fantastic year for the global food supplier and distributor. In June that year, the company finally ironed out the fine details to enable it to acquire Tyson Foods Inc. Kevin Scott, the Senior VP at OSI was very excited when announcing the successful deal with Tyson Foods. The executive mentioned the facts that Tyson Foods had a 200K square foot manufacturing warehouse in near to the existing facilities of OSI Group.
The exact details of the transaction were not immediately divulged by either of the food supply companies. The Chicago plant had been closed down a few backs gone by Tyson’s bosses citing liquidity concerns. The staff who used to work there had to be transferred to other branches of Tyson Foods.
OSI Group Fact Sheet
OSI Group occupies slot number 58 on the Forbes List of America’s Largest Private Firms. The Group currently employs a staff of over 20,000 experts coming from a plethora of niches. In Dec 31, 2016, OSI Group reported sales of $6.1B. It’s based in Aurora, Illinois and the CEO and Chairman is Mr. Sheldon Lavin. The grand expansion project launched by OSI in the nineties has propelled the Chicago firm to new dizzying heights. It now operates in close to 20 nations, with a strong presence in China. This award-winning food sales giant sells fish, hot dogs, meat patties, bacon, fresh vegetables, and pizzas.
OSI Group in China
The bold move by the reputed meat supplier, OSI Group to venture into the Chinese market paid off beautifully for the owners and investors. China, for starters, had a burgeoned population, hence there was always going to be a high demand for the poultry products provided by the OSI Group. Today, the group has successfully built and opened eight manufacturing facilities in China. Sheldon Lavin, the CEO, made it succinctly clear that they planned to become the nation’s leading poultry producer by 2020.
One of the firm’s major investment can be found in Henan Province, China. OSI Group is quite optimistic in landing tenders in the future to supply chicken products from American franchises like McDonald, Burger King, Sub Way, Papa John’s and Starbucks. The Group also announced the official ground breaking to plants specializing in freezing beef products and food mills. In Shandong Province, OSI has built a multi-million dollar, state-of-the art processing complex with the capacity to process up to 600,000 metric tons of beef.
OSI Group Info: www.forbes.com/companies/osi-group/