The growth of the OSI Group in the mid-20th century was influenced a lot by the development of the McDonald’s. When the restaurants’ franchise opened its first restaurant, it was in Illinois. It is the same area where Otto & Sons were operating. McDonald’s was in need of suppliers, and they hired the services of Otto &Sons, the predecessor of the OSI Group. They were to supply beef products to the restaurants. The McDonald’s picked up very fast, forcing Otto & Sons to look for better ways of supplying the products. The demand kept on growing over the years until it Otto & Sons became the biggest regional suppliers of products to the McDonald’s.
Otto & Sons faced some challenges as the demand went up. McDonald’s was opening restaurant in far-flung areas. To meet the supply to these regions, they had to find a way of preserving the products. The new challenges were on food production, storage, preservation, and transportation. Luckily, the nitrogen perseveration technology was introduced at the same time, and the company would be in a position to preserve their products for transportation to far locations. With the challenges that they were facing, they needed to increase their production activities and also facilitate efficient transportation to far-flung areas.
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Otto & Sons approached a bank seeking for funds. They wanted to build a production plant as well as meet the other needs. They went to a bank where they met Sheldon Lavin, the current CEO. Sheldon Lavin facilitated the funding. He would later join the company on the role of a managing partner. The company was growing fast, and it needed someone with expertise on financial matters to be at the top. Otto & Sons changed to OSI Group to facilitate its international growth.
OSI Group built the first production plant in Chicago and was meant for the supply needs for the McDonald’s. The company had been picked by the McDonald’s as one of the main four suppliers. They needed to meet the needs of their clients, and that is why they made every efforts to expand the business.
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Innovation can be found in a number of industries, and the foodservice industry is no different. This particular industry is a necessity because it brings so much to the table in terms of food services. OSI Food Solutions is one of the key figures in this field, and it has certainly provided sustenance to millions of people worldwide.
OSI Food Solutions is a global-food processing company that’s based out of Aurora, Illinois. The company got its start as a butcher shop back in 1909, and it provided great tasting meats for its community. As time went on, OSI began to build an impressive clients list from businesses throughout the Midwest. Some of the company’s clients include:
– Pizza Hut
– Burger King
– And many more
David McDonald, the president of OSI, has led this team into establishing numerous facilities in the Far East. These facilities just so happen to serve a variety of popular-chain restaurants. McDonald graduated from Iowa State University with a bachelor’s degree in Animal Science. This Iowa-native grew up on a farm, but today he’s heading one of America’s largest private companies. In 2011, OSI Food Solutions was ranked at the 136th position on the Forbes list. This company generated up to $3 billion in revenue. Five years later, OSI was ranked by Forbes at the 58th position as the company generated more than $6 billion in revenue.
Expansion is the key to success. During the ’80s and ’90s, OSI Food Solutions expanded into the Pacific Rim, Europe and South America via joint venture. As of 2018, OSI has partnered with Turosi Foods in Australia. This partnership will allow both companies to work as one unit, which will help to meet the huge demands of the public.
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