1. Brief History of OSI Group
Illinois State, a family-owned food processing company started, that revolutionized the food processing industry. Having started from grass as a butcher shop, OSI Group earned a place in the international market, as the leading supplier of value added protein.This company is headed by an iconic entrepreneur in the United States, Sheldon Lavin (the CEO), who has steered its success.
2. OSI’s Products and Target Market
The food industry has revolutionized due to an increase in the consumption of fast foods. This has created vast market for OSI and as a result, they supply their products to leading food service providers like as McDonald’s, Subway, Pizza Hut, Starbucks, KFC, and supermarket chains. The products OSI Foods provide to these service providers include Pizza, seafood, sausages, meat pies, bacon, and dough products, among others.
3. New Production Facility
With the right leadership in place and ample experience in the industry for centuries, OSI Group has earned the trust of its clients, which is a contributing factor to tremendous growth. Moreover, the company understands its clients’ needs and puts them into consideration. It’s for this reason that the company has added a production facility line in Spain, worth € 17 million.
4. Impact of the New Production Facility
The Spain facility has resulted in a rise in the production capacity quality from 12,000 tons of chicken to 24,000 tons.This makes company expand its global network and operations to 65 facilities in 17countries across the world, thus facilitating the employment of over 20,000 workers with revenue of $6.1 billion according to Forbes. In addition, OSI expanded its services after partnering with The Tyson Food Plant, which is a vital turning point since the company is able to reach several of its clients.
5. Acquisition of Baho Foods
Moreover, OSI’s expansion has led to the acquisition of the Baho Foods, in Europe. This has played a key role in increase of popularity of the OSI brand in Europe. In addition, its growth can be attributed to its mode of operations in several branches and extensions liked the OSI Industries, OSI International Foods, and the OSI International.
OSI is an indication of success. Its success journey has been long, but with the right workforce in place, it has emerged the largest food processing company globally.