Expansion methodologies by OSI Food Solutions
OSI Food Solutions is a top food production company that supplies food products in almost every continent. The company was established in 1912 in Chicago, Illinois by a German immigrant. Since then, this company has strived to meet the needs of the people by producing products that are in line with the tastes and preferences of consumers. It is not easy for a business to survive for such a long time and still have a controlling stake in the global arena. However, OSI Food Solutions has significantly benefited from the leadership of CEO Sheldon Lavin assisted by president David McDonald. These two leaders have been a strong pillar on which this company has managed to grow on.
One of the expansion strategies that OSI Food Solutions has been applying to reach out to customers from all corners of the world is acquisitions. They have been partnering with already existing food companies in different parts of the world to take over their operations. Two companies that have been acquired by OSI include Baho food, a Dutch food company, and Flagship Europe, a U.K based company that was later renamed Creative Foods Europe. These are just some of the recent acquisitions. Over the past two decades, OSI has been acquiring businesses right left and center.
Expansion in the local market.
To meet the demand for food products coming from North America, OSI Food Solutions come up with a plan that would allow it to have sufficient products to sell to the local customers. They bought a facility that was formerly used by Tyson Foods and which is based in Chicago. This facility will help them to expand their production capacity in the local market where they attract an even higher number of customers. North American market has been very supportive to the company, and they would never wish to disappoint the key customers. To know more about the company click here.
OSI Food Solutions has also been carrying out various expansion activities in some of its food production facilities located abroad. Recently, they added 22,600 square feet of space to their food production facility in Toledo, Spain. This expansion was intended to double the production of chicken products from 12,000 tons to 24,000 tons annually.
Tags: food production company