OSI Industries is a privately held company that is in the food & beverage industry. It is headquartered in Aurora, Illinois which is a suburb of Chicago. Their food can be found at food service companies as well as in grocery stores where it is sold under the grocery chains label. It was founded in 1909 and started out as a family meat market.The owner of OSI Industries is Sheldon Lavin. He also leads this company as its chief executive officer. The other top executive is David McDonald who is the president of OSI Industries as well as its chief operations officer. McDonald has spent his entire career at OSI Industries and it was through promotions over the year that he earned his current roles.
OSI Industries is now a global operation. It has both offices and food processing plants all around the world. However, it has local management teams for each area. The reason for this, as David McDonald explains, is that by being organized this way the company has executives in each market who are very understanding about the culture and tastes of their area. McDonald says that this means OSI Industries can bring the efficiencies of operating on a global scale while also having solutions that fit each particular market.One of OSI Industries biggest markets is in China. They entered China about 20 years ago and have been a participant in growing that country’s economy. They now have a total of eight food processing plants with plans to build two more in the near future.
Once the two new plants are in operation they will be the biggest processor of poultry in China. The restaurants they supply food to in China includes fast food chains such as Papa John’s, McDonald’s, Starbucks, Burger King, Yum, Subway, and Saizeriya.There are a number of reasons that China has been OSI Industries fastest growing market, McDonald says. One reason is that there are so many people in that nation. The other reason, he says, is that people in that nation have become much more affluent over the past two decades.Europe has also been a big focus of OSI Industries in the last few years. For example, they bought a large food manufacturer called Baho Foods that was based in the Netherlands. They also bought the UK’s Flagship Europe. They didn’t release the terms for either of these purchases as they are not a public company.