OSI redefining the food industry
When the company was founded in 1909, its purpose was to introduce innovative solutions to the food industry. This is something that they have upheld over the years despite the challenges faced by they faced.
The OSI Group focuses on producing private label products and also co-packs other major brands. The different products that the company offers are mostly related to meat and meat products. They do however also have vegetable products. The different products include but not limited to;
« Raw and also cooked meat
« Roasted pork
« Pre-cooked strips
« Breakfast sausages; you can get them raw or smoked
« Sandwich assembly
The company has obtained great success over the years. Four years ago, the company was worth $3 billion in sales. In the current market, however, OSI Group has been reported to have revenue of $ 6.1 billion with over 20,000 employees around the world. OSI group was ranked 58 largest private companies in America by Forbes.
OSI Group has acquired great ventures in the recent years including the Flagship. This acquisition will propel the company and help them expand the market. Flagship is a food service company in the UK. The company will broaden the presence of the OSI Company in Europe. Flagship is a company that focuses on the supply of frozen poultry, sauces, mayonnaise and dressings.
Before the OSI acquisition, Flagship has acquired the Calder food which is a company that is focused on the supply of the sauces, sandwich fillings, dips, and mayonnaise. After the acquisition of the Flagship Europe, OSI Group also purchased a warehouse and also a processing facility in Chicago.
The company has achieved great success on Bloomberg. However, they have remained to be a privately owned company. That means that they offer great products to their customers.
The company’s success has been attributed to its culture. Unlike most of the companies that focus on dictatorship, the OSI group is a family oriented company. They value the contribution of all the employees.
The Management of the Company
David McDonald is the president and the CEO of the company. Before he became the president, he was the project manager of the company. David has been the president of the company for 30 years.
OSI Group’s Chairman and the Chief Executive Officer is Sheldon Lavin. The CFO and the executive vice president of the company is Bill Weimar.