OSI Industries Top Meat Processor Still Improving
Do you eat meat from supermarkets? Well, chances are pretty good then that it was processed by OSI Industries. That is because OSI Industries is one of the largest meat processing companies in the United States. Even though they are large though, doesn’t mean that they are done growing.
The main headquarters for them is located in Aurora, Illinois. While they are the United States based, they have an impact on the meat market for most of the world. The company operates over 65 facilities in 17 countries. Since it has so many facilities they have a lot of employes. The number is estimated at around 20,000. Some of these people have been with the company for a long time because it has been around since 1909. OSI Industries has been operating for over one hundred years now. Yet, they still are growing and trying to improve.
One way they have grown recently is they have bought some Tyson Food plants. This is a big deal because Tyson is one of their competitors. The fact that they could buy some of their plants means that they are making more money and having a better operation than Tyson. Also, these extra plants will help them increase production. The increased production should grow profits even more. This means you might be seeing OSI Industries buying more facilities in the future.
On top of buying some of Tyson Food plants, they have also bought some of Flagship Europe facilities. This is a big deal because it will allow them to have more reach in the international market. By having plants in Europe it will save on shipping cost to ship product from the United States over to Europe. Also, it will mean the product in Europe is fresher which should help build confidence in the product. This will increase there market share and profits.
OSI Industries is a large company that is continuing to grow. They understand that reinvesting in the business is the best way to grow more. By buying competitors facilities it will increase their market share and grow profits more. This company is a strong smart company that is going to be around for a long time still, so if you eat meat from groceries, the chance is good it was processed by OSI.