OSI Industries: A New Wave of Success
American-based OSI Industries is the food processor of choice for hundreds of companies. These companies work with OSI to reach their goals in the foodservice industry. OSI Industries has worked with some of today’s biggest names, including KFC, Yum, Starbucks, Subway and McDonald’s. Ray Kroc, the former CEO of McDonald’s, made a deal with OSI back in the 1950s. This deal would go on to create the perfect one-two punch in this dynamic field of work. OSI would become one of McDonald’s main suppliers of meat. Business was so good to where OSI would have to build a new facility in West Chicago, Illinois. This facility hosted some of the most advanced technologies for its time, and it was built to solely serve McDonald’s needs.
This multi-billion dollar food processor is a juggernaut when it comes to acquisitions. In 2016, the company used its business-savvy sense to acquire stake in a number of outside companies that were considered to be competitors. Creative Foods Europe just so happened to fall under this topic. This UK-based food processor has a strong presence in Europe as the company specialized in the production of sauces, marinades, dips and dressings. “We are pleased to have had the opportunity to bring Creative Foods Europe into the fold,” said David McDonald, president of OSI Industries. Turi Foods, an Australian-based food processor, has now partnered with OSI Industries. These two powerhouses are looking to develop a world-class food group. Since OSI already has a presence in Australia, industry insiders have given positive reports for this partnership. To know more about the company click here.
OSI Industries’ market value is well-above $6 billion. This market value was originally estimated to be at $3 billion back in 2011. Everything is certainly adding up as this company will continue to set new industry trends while raising the bar extremely high.
Tags: food processor