OSI Industries has now merged with Turi Foods to help aim in its bid to create a sustain able and innovative approach to the food industry. Turi Foods brings a lot of expertise and direction to the merger table by having established itself as the one of the largest meat poultry companies in Australia. OSI Industries could benefit from this as they already have the scale and market size to take advantage of the production resources available from Turi Foods.
OSI Industries will begin to manufacture its signature products mostly out of the Queensland and Victoria areas of Australia, with the latter dealing more with its farming base there in Victoria. David McDonald, CEO of OSI Industries remarked that this merger will “have a shared ownership…. that will have tremendous potential to serve our customers in new and innovative ways”. The OSI and Turi Foods merger will become offical on May 4, 2018.
OSI Industries is no stranger to the innovation land having experienced over a century of growth leading out from that small family owned business in Chicago, IL to working with the McDonald’s fast food chain. The company continues its tradition of leading from the front by changing its production line facilities to meet the growing demands of its clients. It opened food processing plants outside Chicago, IL in places like Utah and Germany to include a multinational focus and mission.
This has lead to the company taking its rightful place at #58 on the Forbes list of largest private companies. By early 2000, the company has already expanded into Australia and India respectively. This global food supplier also has within its portfolio contracts with Subway, Burger King, and Yum Foods brands as its clients who value its global reach and production innovation capability. This company has built a reputation sustained over the years on quality, innovation, and service to its national and global clients to effectively create its own success!