Food processing industry is something constantly changing, and the companies in the sector need greater flexibility according to the changing environments to succeed in the market. It is due to the changing trends in the food sector, the difference in taste preferences according to demography, and more. Therefore, adaptability with innovation is the biggest quality in the industry to survive. In that sense, OSI Group, an Illinois-based global food, and meat processing firm, is the innovator and leader in the food processing industry. The company is quite different as it applies right strategies at the right time. Due to that reason, it became one of the largest suppliers of food and meat across the major economies.
OSI Group was established in 1909 as a meat house in Oak Park, Illinois. Initially, it was known as Otto & Sons, and it started supplying meat products to McDonald’s post-1950s. Sheldon Lavin, a prominent banker, started collaborating with the firm post-1970s. He started innovating the firm in various ways since he joined the company as its CEO in the 1970s. The firm got rebranded as OSI Group in 1975 and began concentrating on business beyond McDonald’s. Interestingly, it also started diversifying the business to offer new and innovative products based on the trends of the market. Lavin also helped the firm to expand business across the North America during this period.
Post-1980, The firm started expanding its business network beyond the continent and began operations in European countries, Taiwan, China, India, South America, and more. Currently, the firm is supported by more than 65 production facilities in 17 countries across the world. It is the major supplier of food and meat products to Pizza Hut, Subway, Papa John’s Pizza, Starbucks, and more in major economies, including China. It supplies pizza, fish, hot dogs, pork, poultry, bacon, meat patties, dough products, vegetable food options, and more.
The recent years saw OSI Group greatly focusing on its expansion and diversification of business. It is credited with a number of acquisitions in North America, Europe, Asia, and more. In June 2016, the firm purchased a plant which was operated by Tyson Foods in Chicago. It was considered as an important move to ensure continued business through enhanced capabilities. In December 2016, OSI Group acquired Flagship Europe, a U.K. based food supplier, in an attempt to diversify the business and improve the footprint of the firm across the Europe. Interestingly, OSI was the winner of Globe of Honor Award 2016 by British Safety Council for its impressive management of environmental risks.
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