OSI Group is one of the largest privately owned meat producer company in the world with its headquarters in Aurora, Illinois and it has over 65 branches in 17 countries. It was established as a family meat market store in the year 1909 by a German immigrant Otto Kolschowsky. Through quality delivery services the company gained local trust; as a result, it expanded into wholesale meat trade and relocated its business entity to Maywood and Chicago.
The first McDonald`s restaurant was opened in Des Plaines, Illinois in 1955 where Otto & Sons were the suppliers of fresh ground meat. In 1975, the company’s name was changed to OSI Industries. Sheldon Lavin is the current chairman and Chief Executive Officer of OSI Group. Lavin gained highest votes winning the leadership of the company after his partner retired around the 2000s.
Sheldon Lavin was an Investment manager and bank executive. He got his way to OSI Group after Otto & Sons approached for consultation. They were looking for funds to expand their plans, and the bank requested to have an ownership stake in the company. At first, Otto & Sons declined but later when the project got struck, Sheldon Lavin was welcomed as a consultant. Over the years, Sheldon Lavin`s role kept growing, and when the international investment funds were being sought, in 1975 he was made a partner. It was also the same year the company changed its name to OSI Industries.
Under good management, the company has rapidly grown working with over 65 facilities in 17 countries, and it has employed more than 20,000 workers worldwide. In 2016, Forbes ranked it as the 58th largest private company with a net worth of $6.1 billion.
OSI Group has been steering on better deals to achieve sustainability strategies through support in research and development efforts. To make this happen OSI Group has opened two Culinary Innovation Centers –one in the U.S and another one in China. These facilities are to develop advanced techniques that will reduce the environmental impact of OSI`s far-flung operations. Last year, OSI Group created a corporate governance structure which will oversee global sustainability strategies.
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