The OSI Group is one of the largest suppliers of food products in the U.S. The business, which started as OSI Industries, had its name changed to OSI Group in 2004. With over 65 facilities in operation all over the globe, the company has continued to see steady growth, and it received a high ranking on the Forbes list in 2016 due to its annual revenue of $6.1 billion.
OSI supplies meat products to restaurants like McDonald’s, Subway, Pizza Hut, Papa John’s Pizza and Starbucks. These products include, beef patties, hot dogs, pizza, poultry and breakfast sausage, as well as fish, pork, vegetables and dough. With factories operating in 17 countries, OSI has about 20,000 employees who process their private label and major brand foods.
The company was founded in Aurora, Illinois in 1909 by a German immigrant named Otto Kolschowsky who first opened a family meat market in the Oak Park area of the state 2 years after moving to America, naming it simply Otto and Sons by 1928. He later relocated his business to a Chicago suburb and moved into the wholesale trading category for expansion, and this move helped lead him to more financial success and recognition in the meat industry.
OSI Group is committed to providing fresh and safe food products by using good quality assurance standards, as well as more environmentally friendly, or green, practices in its processing procedures. Due to the company’s continued growth in the industry, its CEO and Chairman, Sheldon Lavin, received the Global Visionary Award in 2016, which he said he felt both honored and humbled to be given.
The company acquired the former Chicago-based Tyson Food production plant in 2016 for a price of $7.4 million, offering the Tyson employees jobs in their business after the acquisition. OSI also bought food processing companies in Europe, gaining a stake in the German-based business called Baho Foods. OSI’s headquarters is in Illinois, but it has many other factories in the U.S. in places like Utah, Iowa, Wisconsin, and California cities, Oakland and Riverside.
The company has come a long way since first being given the opportunity to supply beef patties for the popular food chain McDonald’s back in the 1950s, and Chairman Sheldon Lavin said that he hopes to be able to see steady growth within the business, which he feels is a company that will still be around long after he’s gone.