U.S. food producer OSI Food Solutions works with many multinational firms. The business was founded in 1909. The company experienced tremendous growth in 1955 after Mcdonald’s selected it to be a main supplier of ground beef. The company expanded into Europe in 1978. The business now has facilities in Germany, Japan and Australia. OSI operates global councils that come up with unique solutions to global food supply issues.
OSI Food Solutions is One of the Top Food Companies in America
OSI is among the biggest private companies in the United States. The business operates on a few solid core principles. The company’s annual revenues total three billion dollars. This company has received many awards over the years. The UK branch received an international safety award in 2017. OSI is also known for its environmentalism efforts. The mayor of a town in California gave OSI a California Green Business Certificate. The company also utilizes a lot of technology related to food products. The business pioneered the cryogenic freezing technique that many large fast food restaurants like Mcdonald’s use. The company mainly focuses on value-added meat products. The business has a lot of resources at its disposal because of its connections with food suppliers and producers. The company oversees all processes related to its end to end supply chain. Reliable sourcing is as important as the end product they deliver to their customer.
OSI and Tyson Foods
This company recently purchased a Tyson Food plant. This plant is located in Chicago. Tyson is among the biggest chicken producers in the United States. OSI spent $7.4 million dollars on this asset. OSI offered many existing Tyson food employees the option to work for their company. OSI Food Solutions purchased Tyson because of its fundamental expansionary policies. The business can potentially offer lower prices if it has plants distributed all across the United States. The meat packing industry is competitive because pricing strategies are subject to high levels of volatility. OSI Food Solutions will likely expand into newly developing economies in the near future. The business already has three plants in western Asia.