When Tyson Foods announced that it would shut down its Chicago food plant in October 2016, 480 people stood to lose their employment. However, these people’s jobs were secured once again when an Aurora-based company of processed foods, OSI Food Solutions, bought the Chicago food plant for $7.4 million in June of the same year. By this time, however, only 250 employees still remained in the food plant, and most of them were offered jobs in the plant under the new management. Alison Kovaleski, OSI Food Solutions spokesperson, declined to shed light about the future plans of the plant when contacted citing the company’snon-disclosure policy about its products and customers’ information.
The company announced that the strategic position of the 200,000 square-foot facility in Chicago and its closeness to OSI Food Solutions’ facilities in the area would enable them to meet their customers’ rapidly evolving needs. The facility would be added to the company’s broad manufacturing network. OSI Food Solutions is a privately owned company and is renowned worldwide for its services. Operating in the food service industry, the company makes a vast variety of meat-based products such as bacon and breakfast sausage. Moreover, the company also deals in food products which are not meat-based for retail brands as well as other food service providers. In total, the company has operations in 16 countries having more than 60 facilities. The company is highly ranked in the business world for excellent service provision.
Why was the Chicago food plant sold?
Tyson Foods executives attributed the sale of the 200,000 square-foot facility to its limited ability in meeting the ever-changing customer needs. They, however, did not give any detailed explanation of how the plant was limited in its ability. Tyson Foods’ other two facilities in the Chicago area, however, still remain under operation. One of the facilities makes steaks while the other one has offices. The Chicago facility was previously involved in the hospitality industry in the preparation of meals such as omelettes, chicken, sauces, and crepes. OSI food solutions noted that the newly acquired plant would help in supporting their business growth by providing the necessary infrastructure needed to continue meeting the ever-evolving consumer trends.
Nitin Khanna, the CEO of Elimination Cannabis Solutions, the leading company of marijuana vape carts and cartomizers and essential oil in the Northwest provides announced a significant expansion which will magnify the brand in Oregon, California and The state of Nevada. Cura’s CBD cartridges will certainly be accessible to marijuana merchants in Or, Nevada, and California. Furthermore, a new Portland service provides opened up in the city’s Central Eastside.
The current footprint is just about 4,200 sq foot, with an expectation to broaden to around 50,500 sq. foot with more than 100 workers within a year.
What Nitin Khanna must state about his venture:
All of us believe now is time for you to provide the medical and lifestyle advantages of CBD to consumers who would like the advantages of the marijuana plant without a psychoactive high. This past year, all of us gained tremendous momentum simply by expanding quickly in the Oregon marketplace and we are thrilled for making the restorative advantages from the CBD obtainable initial over the west coastline and then globally.
Our CBD vape carts and cartomizers are pre-filled with hemp-derived CBD essential oil and so are combined with essential natural oils that can help customers with chronic pains, inflammations, stress and anxiety and sleeping issues. CBD may also be utilized instead of opiate-based painkillers that are extremely addictive. All of us likewise have a CBD pen for all instances of your day: peppermint pertaining to morning hours energy, grapefruit intended for afternoon rebirth, and lavender for night time rest.
In Cura, we assurance the best products to your consumers simply by testing the essential oil using the most strict screening regulatory standards obtainable in each condition where the item is being sold. Nitin Khanna says all of the items are examined and validated beneath the Or Environmental Lab Accreditation System testing procedures. These strict checks consist of alternative party sample and tests of pesticide articles, leftover solvents and potency. The customers may view the test outcomes from the Cura website to discover what precisely they may be purchasing.
See Nitin’s Crunchbase profile here https://www.crunchbase.com/person/nitin-khanna
When Richard Liu was young he experienced more than what the average kid experienced. He was raised in poverty, by his grandmother. Teaching him as much as she could about values, hard work and respect Liu learned the hard way that nothing comes easy in life. When Liu grew older he realized that hard work and saving money was not the only pathway to success, but it was also about making the right choices. It was about being able to recalculate and adapt to environments that were constantly changing.
Richard Liu Qiangdong tried a few things in his life, when it comes to business ventures, some could only be looked at as life’s lessons. One of those undertakings was the opening of a restaurant. The restaurant fell short of meeting goals, and venture fell short. Another idea that Liu decided to follow was the selling of health products. Richard Liu Qiangdong learned the hard way, that this particular business commitment was also not meant to be.
About 6 years prior to SARS hitting the region, Liu decided to take on a new venue, that venue just happened to be the selling and marketing of computers. In 1998, Liu’s primary way of selling computers were in brick and mortar. However, during the epidemic, it seemed negligent to have employees exposed day after day. So Richard Liu Qiangdong decided to make a very adventurous and perhaps a financially dangerous move and take his business online.
Changing the name of his company from Jingdong, to JD.com, Richard Liu took the chance of a life time. This move could be said to be one of the best moves Richard Liu Quiangdong has ever made for his self, his family and his future. The company is now worth more than $57 million and is steadily growing.
Follow Liu via twitter
Over the course of their careers, Jay Z and wife, Beyonce, have risen to the forefront of the music industry, and with the introduction of their music streaming platform Tidal, as well as their combined billion-dollar net worth, they have used their status and wealth to elevate those closest to them. In what is often referred to as the Hova Circle of Influence, the team of close friends and business partners, have also played an integral role in the power couple’s continued success – most notably, OG Juan Perez, and wife, Desiree “Dez” Perez.
Recently, Jay Z and Beyonce released a surprise album, devoid of any prior marketing, on Tidal, and throughout the album, an underlying theme persists – loyalty and friendship. Since meeting with Jay Z over two decades ago through a mutual associate, Jay-Z’s former business partner, Kareem “Biggs” Burke, OG Juan has played a substantial role in the trajectory of the mogul’s career. According to OG Juan, there was an immediate connection between the two, which has solidly stood the test of time, as the rapper consistently laments in his work. OG Juan and wife, Dez Perez are often name-dropped on Jay-Z’s verses, including, most recently on their latest release, “The Carters: Everything is Love” on a track entitled, “Friends.”
One of their first successful ventures outside of the music industry occurred with the opening of the first 40/40 sports bar in 2003 and has since become, not only a lucrative venture but an iconic hotspot within the entertainment industry. OG Juan’s wife, Dez Perez is also equally involved with the Hova Circle of Influence, acting as Chief Operating Officer of Roc Nation. Mrs. Perez is also the mastermind behind the contracts negotiated at Tidal, as well as the key player in the groundbreaking deal between Rihanna and Samsung during her Anti Tour.
Chris Burch is a renowned businessman who operates the best hotel in the world as voted by the Travel + Leisure Magazine in 2016 and 2017. The hotel which is known as the “Nihi Sumba Resort” is located in a place called Nihi in Sumba Island, Indonesia. Chris Burch established the hotel in 2015 after buying the premises, which was a smaller hotel before transforming it into a five-star resort. The Sumba Island is marked by an exclusive surfing destination, which is what attracted the earlier investors after discovering the island. What’s more, besides being a hotelier, Chris Burch who is a billionaire also excels in the fashion industry and other businesses as well.
History of the Sumba Island
The Sumba Island was discovered by the Portuguese island back in the 16th century where it was known as the Sandalwood Island. It remained unexploited since it lacked the natural resources, hence unaffected by the modern civilization. Consequently, because of its lack of exploration and disassociation from its surroundings, the land remained with a rich culture where its Sumba people, though backward have a wealth of authentic culture. Further, the island was later discovered in the 1980s by a couple that was known as the Graves who were exploring the island in pursuit of the perfect wave as they were surfers. With the discovery of the beauty of the island and its great surfing waves, the Graves established a resort that was later bought by Chris Burch (https://www.instagram.com/jchristopherburch).
About Chris Burch
Chris Burch’s origins stem from Pennsylvania, the United States where he was brought up and educated. Today, he is a prominent businessman who is the founder and CEO of numerous companies that include Burch Creative Capital (Linkedin.com). He has been in business for the last four decades and has made a name for himself as a successful investor and entrepreneur. He has managed to establish over 50 companies by incorporating his marketing skills through studying the consumer behavior and leveraging on creating strong brands. Additionally, Chris Burch is the co- founder of the Tory Burch fashion brand and is currently interested in other fields that include hospitality, financial services, consumer products, and technology based on entrepreneur.com.