OSI Industries Implemented a Strategic Decision by Acquiring Baho Food

In the last five years, OSI Industries has significantly been involved in an expansion plan that includes moving to the international market while at the same time enhancing local operations. The management of the company has been aggressively implementing acquisition and purchase strategies. One of the purchases discussed below is expected to increase the expansion of the food processing company considerably. Read this articles at chicagotribune.com to for more info.

Baho Food Acquisition

One of the stands out the acquisition of OSI Industries is the purchase of Baho Food, a food manufacturing company that manufactures snacks and meat products. The company has a massive market in the Netherlands and Germany, which is a significant benefit to the company as it will be able to increase its market share in the world. Baho Food is a well-known company that has been operating in several countries around the world.

OSI Industries is expected to gain strategic market by acquiring this organization. Operating in the European market is one of the significant achievement that any company around the world desires. The market is vast enough to accommodate any company that is willing to enter into the market. There is also the added advantage of operating in an industry that has customers with huge bargaining and purchasing power. The company will use this strategic market to serve the changing needs of the customers.

Baho Food is one of the most strategic food manufacturing and selling companies in the European market. The firm has more than five branches in both Germany and the Netherlands. This will provide a better opportunity for OSI Group to continue expanding in the market in a strategic process. Baho does not only operate in Germany and the Netherlands, but it has more than eighteen branches in other European countries which makes it a strategic acquisition for any company.

OSI Industries have developed an acquisition strategy that will allow Baho Food executives to continue operating the company as they are aware of the market in a better way than a company from the United States. Baho Food is interested in joining hands with OSI so that it can leverage on the resources available to expand its operations in the European market, which has been its goal for a more extended period.

Visit: https://discoverorg.com/directory/company/OSI-Group/7670

 

Greg Aziz-The Brains Behind National Steel Car

Gregory James Aziz is the president, CEO, and chairman of National Steel Car, a renowned “railroad freight car engineering and manufacturing firm” situated in Hamilton, Ontario. Gregory Aziz grew up in London on April 1949 and studied at Ridley College before going for further studies at the “University of Western Ontario”.

 

 

Greg’s Professional Profile

In 1971, Greg Aziz joined his family’s wholesale food trade, Affiliated Foods, and the firm grew within a span of 16 years to become an international dealer in fresh foods from South and Central America, and Europe. The company also dealt with distributing fresh food to markets across U.S.A. and Eastern Canada. After working for several banking opportunities in New York between 1980and 1990, Greg invested in the “National Steel Car” which belonged to Dofasco. Greg’s goal was to turn this Canadian company into the leading railroad freight car dealer in North America. Capitalizing on National Steel Car’s strong team building, engineering, and capital investment, James Aziz was able to expand the company’s manufacturing capacity from over 3,000 cars a year to 12,000 cars in 1999. Employment also grew from a work force of 600 to a staff of almost 3,000.

 

Greg James Aziz has shown great commitment to manufacturing and engineering excellence which as a result has caused the National Steel Car to be among the leaders in car innovation. Currently, National Steel Car is the only freight car, manufacturing and engineering company in North America that is certified ISO 9001:2008, and has had this honor for the past 18 years. The firm has also been honored consistently with the TTX SECO highest award since 1996. Visit This Page.

History of National Steel Car

National Steel Car has come from humble beginnings. The company was formed by Sir John Gibson, the Lieutenant Governor of Ontario at that time. He first named the firm “Imperial Car Company“. He later renamed it “The National Steel Car Company”. From the first day to the time the first steel and wood freight cars were rolling from the production line more than 100 years ago, National Steel Car has been renowned as a leading freight car manufacturer in North America.

The National Steel Car Company is also recognized for its philanthropic activities. The firm has sponsored the Hamilton Opera, Theatre Aquarius, The Salvation Army, The United Way, and many other charities. One of the notable rewards that National Steel Car has received since its establishment is a gold medal from the “Canadian Welders Conferences”. This medal was given to recognize the company’s paper focusing on “Heat Input and Arc Energy”. Another popular medal that has been awarded to the firm is the “Outstanding Technical Achievement Award”.

Why Hawks’ Former Management Pursued Insurance Company In A Lawsuit

The Atlanta Hawks has gone to court with details about New Hampshire Insurance for alleged breach of contract. The company had initiated a transaction with the insurance firm and there are claims that were about to be settled, but contrary to the agreement signed earlier, New Hampshire Insurance Company breached the contract. The contract was signed by the former management team of the Atlanta Hawks and among top professionals who oversaw the process is controlling partner Bruce Levenson.

The lawsuit was filed on 13th September in the Superior Court of Fulton. The company is sued for civil action for breaching contract and insurance bad faith. As AHBE describes the process, the company claims the policy was designed to cover employment practices losses like wrongful termination and torts. In a report by ESPN, the court claims that AHBE issued notice on 2nd April, 2015.

According to the current Atlanta Hawks administration, the company has said they are fully aware of the happenings and despite the fact they are tied to it, they are not going to issue comments on the matter since the issue was initiated by a different team.

The confidential documents issued by the court state that the evidence presented is sufficient to qualify for a claim payment from the insurance firm. The refusal of AIG to acknowledge the claim further complicates the situation and gives Atlanta Hawks a better chance to pursue the company in a court of law.

About Bruce Levenson

The former owner of NBA, Bruce Levenson is also a renowned philanthropist reveals PR News and a successful businessman. He once served as the Governor of Hawks from 2004 until his exit and he is the brain behind the formation of the United Communications Group (UCG). Born to Jewish parents, Bruce Levenson spent most of his childhood in Chevy Chase, Maryland. He attended the American University and the Washington University for degrees in Law.

Source; https://en.wikipedia.org/wiki/Bruce_Levenson