Sheldon Lavin, now 81 has had a long and successful career. He started out in the banking industry, eventually owning his own financial firm. In the 1960’s Otto & Sons (the original name for OSI) came to Lavin asking him to help find financing for a meat processing plant. The company had national supply contracts with McDonalds. Sheldon helped find the financing they needed and this was the beginning of a long a fruitious relationship.
In 1971 Sheldon Lavin joined the company as a partner and quickly became CEO. Thanks to his early efforts, the OSI group expanded throughout the United States. Later expanding into Europe, Asia, Latin America, Australia and more. Today the company has facilities in more than 16 countries and there are over 57 facilities world wide, making OSI the largest privately held food distributor in the world.
Check out ceocfointerviews.com to read full interviews of Sheldon Lavin.
Although for decades, the OSI group specialized in meats, supplying hamburger patties to McDonald’s and meat products to other restaurant chains, recently it has als taken n the distribution of meatless products. This is thanks to Sheldon Lavin’s visions of expansion.
When asked about his greatest accomplishments, Mr Lavin says it is his employees. The only reason he stays on as head of the company is because his employees are like family. The company has a very small turnover rate and this is thanks to the corporate-family culture he instilled in the early years. Today, the company employs nearly 25,000 people in 17 different countries and has more than 56 processing facilities.
When asked about his future plans Sheldon Lavin says he plans on increasing the number of facilities in Europe, extending sales in these countries too, and then growing the facilities more in Asia. He still has a lot of work cuto out for him. Source: https://en.wikipedia.org/wiki/OSI_Group
Impossible is a word used far too often in a negative context. It means something is not obtainable or can not be done. The stigma behind it makes the word a hard sell to the consumer. However, there is a business that has managed to flip the word on its head. Impossible Foods is a brand that wants the consumer to know just how unique their product is. The word impossible here means they sell food that would normally be unable to be served. The news site Gazette Day recently looked at a shake up in the meat industry. An unusual event happened when a meat and meatless company meet on the same level.
OSI Industries is a business that was once deemed impossible. The idea of a German immigrant creating a global business was unheard of in the era of the early 1900s. However, he didn’t let society pressure him into thinking a particular way and thus he started the business without fear. It was a typical meat shop on the highly populated region around Chicago. The business grew and grew over the following decades, eventually reaching the apex of the global economy. OSI Industries was not just an industrial powerhouse, but their influence had huge effects over which regions got certain foods.
Check out monster.com to view OSI Group careers and jobs.
Meanwhile, the Impossible Burger was beginning to take shape in the mind of a former college professor. He was facing intense backlash and peers who said it was impossible. However, by 2016 he proved impossible is just a word for how perfect a product can become. The Impossible Burger quickly became popular among those looking for an alternative for meat. It was difficult to maintain stock and get it to the right people, but OSI Industries was taking notice of where consumers where flocking.
As described in the article, OSI Industries and Impossible Foods came to a head about how to handle the needs of consumers. They both recognized the benefits of the other, and came to an unlikely agreement to share resources. This event shows how business have to be adaptable to push ever forward.
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.
Follow OSI Group on LinkedIn
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.
For more information about OSI Group, just click here.
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.
Read more on Xing.com