OSI industries have been in existence for almost a century now. The company was founded by Otto Kolschowsky, an immigrant in the early 1900s. OSI Group opened their first meat plant in 1973. The meat plant was located in Chicago and was specifically designed to feature patty forming machine and liquid nitrogen freezing tunnels.
A separate unit was processing was set up to cater for the Non-McDonalds products. The new meat plant supplied specialty meat to select restaurants, supermarkets and hotels in Chicago and beyond. The new unit was majorly designed to cater for small local businesses. The non-McDonald’s Meat processing unit in Chicago was known as Glenmark. The group entered into a partnership with Best Chicago Meat in 1999. Glenmark was acquired fully by Best Chicago meat in 2011.
Otto & Sons rebranded in 1975 to become OSI industries. During this period, it was the exclusive supplier of meat products to the McDonald’s. The company achieved massive success, and it, therefore, continued to expand to other regions.
OSI Group continues to expand to new markets where they supply their customers with top quality food products. Recently, OSI Group set foot in Europe after it acquired Flagship Europe, one of the biggest food service industries in U.K. The company seeks to expand into the European market and eventually dominate the food supplies industry in Europe.
In 2011, OSI Group featured at number 136 in the list of the largest privately owned companies in U.S. by the Forbes. The company had posted revenues over $3 billion to earn this honor. OSI industries have continued to dominate the food manufacturing and supplies industry, and by 2016, the company rose to position 58 on the list of the largest privately owned companies. In 2016, OSI Group posted annual revenues more than $6.1 billion.
The rate at which OSI Group is growing at doesn’t seem to slow down anytime soon. The company now operates as OSI LLC. They have several food processing plants in U.S that include in Oakland, West Chicago, Riverside, West Jordan, California, Utah and Fort Atkinson, and Wisconsin. The company boasts of 65 processing factories in 17 different countries across the globe. OSI Group has dominated North America, Asia-Pacific Region, and Western and Eastern Europe.
Besides opening international outlets, the company has also continued to expand its products line. They currently supply bacon, hot dogs, fish, pizza, meat patties, salads, pork, and vegetables. Some of the notable clients that are supplied by OSI industries include Subway, Papa John’s Pizza, Pizza Hut and Star-bucks.
For more info: www.inc.com/profile/osi-group