The growing economy and market seen through OSI Group Companies.

OSI Group is an industry that deals with the production and supply of food products. It started from low beginnings as a family business but with time has grown to be an international company having several branches in different countries. Therefore, it has created a huge difference in the society by making people get employment and striving to bring food security. The company is still growing and evolving to fit the modern globalized economy.

The idea to start the company started from the immigrant businesses and the situation at the time. Otto relocated to the United States where he started a meat market which in time grew to be a wholesale shop with the purpose to serve the community. The family later bought a restaurant that flourished to have many branches. The growth is attributed to the consistency and the affordable prices on the food products.

The rise of the McDonald’s restaurant led to the growing manufacturing demand of the OSI Group. Therefore, the concentration in the company was in the manufacturing sector to cater for the market available. The continuous growth paved the way for the exposure to other countries, and it had many branches leading to a more complicated multinational corporation.

Entering the global market meant more production and supply. OSI Group had to capitalise all its potential to ensure every operation goes well as expected. It became an essential food production company leading to its reorganisation as one of the largest private companies present. As a result, more countries joined the venture including China.

The collaboration with China has proved beneficial as the market grows wider. The reason for the growth is because China negotiated to enter the World Trade Organization which would ensure a broader market for OSI Group. Moreover, the rapid and drastic growth of China’s economy means a growing demand for the companies available including OSI Industries. OSI Group buys former Tyson Foods plant in Chicago

Agreements with other companies and nations make the company better regarding growth and achievement of its outlined goals. For instance, the partnership with Nation Pizza and Foods together with the United States is a good sign as it opens a new product line for OSI Group and Industries. It has collaborated with other countries as well in various food productions making the company expand its boundaries. OSI Group acquires Baho Food

For more than a decade the company has grown to own or have a partnership with different food production companies. It operates various processing plants located in different parts of the globe. The corporate culture emphasised on good local management teams who know how to run operations and cater to the needs of the clients OSI Group Buys Former Tyson Foods Plant in Chicago

OSI Purchases Flagship Europe And Continues Expansion

In December 2016 OSI acquired another company Flagship Europe. It is a company that supplies food service products across the UK. Their line of products has sauces, dressings, frozen poultry, food service equipment, sandwich fillings, and Oliver James pies.

Executive Chef of Flagship Europe says that the acquisition has opened Flagship Europe to the global market and gives them a chance to serve new clients in the future. This food supplier is located in Hampshire UK. It will give Flagship Europe a broader market in Europe and its food products complements OSI’s manufacturing and processing strengths. The announcement of the buy came just before Christmas 2016.

Ron Holland the CEO of Flagship Europe said that OSI will help their company grow their retail brand. We believe that OSI and Flagship Europe are a good fit. Our brands will benefit and grow being a part of OSI group.

This past June 2016 OSI bought the Tyson Food plant located in Chicago for $7.4 million. The plant scheduled to shut down offered many employees at Tyson a chance to keep working for OSI. The building was bought because it is close to other OSI companies and the facility will helps them meet the rapidly expanding needs of their customers.

“We are excited to have this facility as part of the broad OSI network,” said Kevin Scott, senior executive vice president of OSI. OSI make a variety of meat and convenience products for the food service industry like chicken tempura, meatballs, soups, frozen entrees and sauces. The facility has 200,000 square feet.

Last year OSI installed Remote Video Auditing in many of their plants from Arrowsight Inc. OSI Group signed a multi facility agreement to use this program to help them with their current food safety program in the United States.

OSI continues to grow and implement new and innovative technologies for food products and safety during 2017.

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