OSI Group Adds to Its Network of Subsidiaries

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Posted by LLJ43 | Posted in Entrepreneur, OSI Group | Posted on 01-10-2017

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OSI, a major food production company, recently acquired new facilities throughout Europe. OSI bought controlling shares in Baho Food in 2016. Baho is a Dutch corporation that also has roots in Germany and the Netherlands. Baho already provided 18 different nations with food. OSI has also bought Flagship Europe, which makes pies, condiments, and poultry. Other recent expansion occurred in Germany and Spain.

At home in the U.S., OSI bought a food plant in Chicago that was in danger of being shut down. The food plant was previously a Tyson Foods operation. Thanks to OSI’s $7.4 million offer, they were able to save jobs and increase their production.

OSI has managed to use their marketing and great product development to stay on top of the game and grow continuously, even in an economy that hasn’t been stellar for a number of years. Leadership in the company say it’s important to talk with the local consumers, as taste change depending on where you go. This is vital for a company with global roots.

Other considerations regarding local markets regard the ingredients and how they are sourced in addition to the price of the them. Certain areas might care more about organic food or natural themes, and others may just want the lowest price. The answer is to approach the solution with a balance to meet their needs.

Another reason for the company’s ability to expand is their standardization of their production. This helps make sure that food is safe and of high quality. They use the most recent technologies, such as metal detectors and xrays to make sure foreign items don’t end up in the food.

OSI Group is a private company that serves the food service and retail industry around the world. They can source, produce and even distribute foods solutions across the globe. The company is headquartered in Aurora, Illinois and was founded in 1909. OSI produces hot dogs, meat patties, pizza, pork, poultry, fish, vegetables, and dough based products. Many of the private label foods that it creates are for McDonald’s, Pizza Hut, Starbucks, and Subway. It has received numerous awards for its safety, health, and environmental management.

With over 20,000 employees and $6.1 billion of annual revenue, the company has enjoyed strong growth. It now has over 65 facilities in over 15 countries around the world across four continents. It is one of the largest private companies in the U.S. Sheldon Lavin is the CEO, who has said he wants to focus on quality and expansion of the brand. The company cares about the community, having a great relationship with the Ronald McDonald House and additional charities like Feeding America.

Read More: www.fooddrink-magazine.com/sections/producers/1308-osi-group