OSI Industries Feeding The World
It has been said that man cannot live on bread alone and while that is true we have taken a liking to food. The food industry has capitalized off of our love and has been thriving. Time changes all things and the food industry most adapt to the times. To be a true force in the food sector a company must reinvent its business and expand to keep up with society. OSI Industries has kept up with the pace of time and its consumers.
As a leader in the global food sector. This giant was once a butcher shop owned by a German immigrant in the early twentieth century in the Chicago area called Otto & Sons. This company’s partner in their growth from 1955 until the current day. That company is the global brand McDonald’s. OSI Industries has been one of the premier meat supplies for the chain. This partnership has not only stood the test of time but the company is now the exclusive supplier for McDonald’s for their beef products. OSI Industries was able to grow with McDonald’s helping to give them a global presence everywhere the restaurant chain is throughout the world. This led to a great opportunity for growth and a new strategy.
In the 1980s and 1990s they began to expand into the Asia-Pacific markets. In the 2000s the company expanded into Taiwan and Europe. The global expansion has the company employing over twenty thousand people in sixty-five countries. The company also has an excellent balance sheet which helped them acquire a few companies globally to improve their foot print businesses. The acquisition of companies like K&K foods, Moy Park, GmBH and others has helped the company obtain processing planets as far as Japan. The company has also created new divisions and opened new plants in the United States.
OSI Industries has started processing vegetable, chicken, and pizza to expend their products. There business belief is to never forget their humble beginnings. The company is focused on severing the same food to the public as any employee would put on their table at home for their family. The outlook for the company is growth for the future. Their latest venture will have the company expanding into Australia and to continue growth in Europe. It seems OSI Industries is setting its self up as the global provider for food for the world.
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