OSI Group Looking to the Future in Growth and ProductsSeptember 26, 2017 - Author: steph - No Comments
The OSI Group the company that provides retail brands and products as a custom solution is continuing to expand in the food manufacturing industry. They are doing this by purchasing other food companies that are of value to their brand and goals.
OSI Industries announced the purchase of a former Tyson Foods plant that was a 200,000 square foot building that would support the continued growth of the beef and vegetable products the company provides. Forbes reported that with the growth of the company OSI is ranked one of the largest privately owned companies. OSI Group did not stop with that acquisition; they purchased Flagship Europe putting them into the global market with new customers. The line of products from Flagship Europe added a new range of products that included frozen poultry, sandwich fillings, pies, dips, sauces, dressings, and marinades.
The next move was the joining of Baho Food, which is a Dutch manufacturer making snacks and deli meats. The company has processing plants in Germany and the Netherlands to fulfill service to 18 European Countries.
The growth of the company is not the only goal since OSI has another objective and that is to grow its presence in the U.S. and with the Tyson Foods purchase, the company was able to keep employees that would have lost their jobs due to Tyson’s plant closing. The international part of their interests includes a facility in Beijing, China opened in 1992 and that has even supplied foods during the Beijing Olympics. Then in 1995, they began a presence in India with a company Vista Processed Foods and in March 2012 OSI opened a new plant to process frozen vegetables. In 2012 the company also started construction on a new plant in Poland and expanded to a chicken processing plant in Hungary.
OSI Group LLC is comprised of subsidiary Divisions that include Amick Farms LLC, Maryland, Fair Oaks Farms LLC, Wisconsin, Nation Pizza and Foods Illinois. Then there is OSI China, OSI Europe, GenOSI and which the Philippines division is. There is OJC which is Joint Venture with J Comsa, China, K & K Foods Ltd, Taiwan, and Select Ready foods, Canada.
The Chairman and CEO of OSI Group LLC is Sheldon Lavin, the president is David McDonald, the SVP and CFO is Sherry DeMeulenaere. The company provides select ready foods that are private label for quick service restaurants. Mr. McDonald has said they want to customers to know they are not limited in their production capacity and product development. They want to be the company that can serve their customers that are becoming more sophisticated in their demand for organic, natural and premium yet affordable products.
OSI Group Info: www.foodworks.pl/en/osi-group-en.html