OSI Group is America’s 58th largest company. This is massive growth considering this company’s humble beginnings. In 1909, OSI Group was Otto and Sons, a local meat market in Chicago. It was run by a family of hardworking German immigrants. In the 1950s, the owner made a deal with the man who started McDonalds. This deal would propel the business into exponential growth that is continuing today. Since OSI Group is one of the sole suppliers of McDonalds’ beef, the need for expansion has been obvious.
The numbers behind this group illustrate the exponential growth. OSI currently employs over 20,000 people, although that number grows daily. They also provide more than just beef, as the company also works with poultry, pork, fish, vegetables, and more. This diversification has led to further growth and success for the group. Currently, the annual sales for this company exceed 6 billion US dollars. OSI has an incredibly reputation, one that they have carried with them for over 110 years, since the company’s founding. Additionally, they won the British Safety Council’s 2016 Globe of Honor. One of the reasons that OSI has been so successful is the leadership team. They are focused on running this massive company with the same personal touch as the original 1909 meat market.
The OSI company has grown rapidly in the last decade. They have acquired several other companies in non-hostile takeovers, such as BAHO Foods and Rose Packing. With these acquisitions, OSI has kept the entire staff of the acquired businesses, as well as most of their facilities. By keeping these in production while ownership changes, OSI can keep up with massive demand. OSI has also bought several more meat packing facilities lately. Because the growth of the company and demand is rising so quickly, there is not time to construct brand new factories. OSI now supplies not only the McDonalds beef, but also the food products for several other multinational food corporations. It is obvious that the global market has led to success for OSI as well as its subsidiaries. Hopefully they can continue to keep up with demand. OSI Group acquires Baho Food
Original source to learn more : https://interview.net/david-mcdonald-osi-group/