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