In 2016, OSI Group was ranked in position 56 among the largest privately owned companies in the U.S. In the same year, OSI Group had recorded a staggering $6.1 billion in annual revenues up from around $3 billion the company reported in 2013. Besides raking in billions in profits, OSI Group is also considered as one of the best employers. Currently, OSI Group employs more than 20,000 employees who are spread across the 65 processing facilities in sixteen countries. OSI Group has grown from a small butcher shop to a giant corporate business making a huge contribution to the world’s food industry.
OSI Group traces its root back in 1912 when a German immigrant known as Otto Kolschowsky established a small butcher shop in Chicago to serve the local community. During this time, many immigrants had settled in Chicago where they constituted close to a third of the population.
Two years after setting foot in Chicago, Otto Kolschowsky established a small retail market to serve members of his community. His business boomed and by the end of the first war, Otto expanded his business into a wholesale. With the expansion, Otto Kolschowsky moved his business to a new neighborhood in Maywood, another suburb in Chicago.
A decade later, Otto had established several branches and then decided to rebrand his business to Otto & Sons LTD in 1928. For the period that followed, Otto & Sons continued to grow to become an important part of the American food industry.
Expanding post Second World War
Otto & Sons managed to pull through the great depression of the 1930s and also the Second World War. After World War II, new suburbs began sprouting in Chicago and its neighborhoods. This pushed the demand for food products and Otto & Sons were forced to expand to meet the rising demand by the customers.
The modern face of OSI Group
The current president of OSI Group, David McDonald has played a vital part in the modernization of the company. Since he joined OSI Group in 1991, David McDonald has led the company on an expansion spree by acquiring food outlets in different parts of the globe. Some of the recent acquisitions by OSI Group include Baho Food and Flagship Europe.
David McDonald has also helped OSI Group in expanding the existing facilities to increase their productivity. OSI Food Solutions Spain is the recent facility to undergo expansion under the reign of David McDonald. The facility increased its production capacity from 3,000 tons to 12,000 tons annually creating an extra twenty vacancies.
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