There are very few companies whose history dates back to over a century. Being in business for over 100 years isn’t an easy feat, but there are some exceptions to the rule. OSI Group is definitely one of those exceptions as it has set a new benchmark in the foodservice field of work. OSI Group is an American wholesaler of foods, but it has history that dates back to the wave of German-immigration that entered the US post World War I. This just so happens to be the ultimate American-immigration experience. Fast-forward to today and the company has gone international. In 2011, Forbes ranked the Aurora-based business at 136th position. This position is a ranking of the largest independent companies in the US. In 2011, OSI Group generated over $3 billion in revenue.
In 2016, the company had moved up the ladder to the 58th position while generating over $6.1 billion in revenue. As you can see, there’s a huge increase in profits. Cutting-edge technology has played a major role in the company’s growth. At OSI Group’s Spain location, the company has been able to double its production in chicken products from 12,000 tons to 24,000 tons. Thanks to its $17 million investment, a new high-capacity production was implemented into the system. The company as done so well to where it will be adding an additional 20 positions.
In 2016, the company was able to acquire stake in Tyson Foods by purchasing the Tyson’s facility in Chicago for $7.4 million. This acquisition will definitely strengthen the company’s infrastructure as it is in close proximity to other OSI facilities. BAHO Food is another acquisition that has strengthened OSI Group’s infrastructure. This private-Dutch company produces and sells an abundance of deli meats, snacks and convenient foods. OSI Group is simply winning, especially when it comes to conducting business. This short article can’t do the company any real justice, but you should have a much better understanding of how powerful the company has become.