A Look At How OSI Group Sprang To Life
July 29, 2018
Discussions on the economic history of America in the 20th century are not complete without the mention of the OSI Group. What started out as a corner butcher shop has grown to a major corporation with outlets in 17 countries. It boasts of more than 100 years in the food processing industry.
Many immigrants got into the country through Chicago, Illinois. Otto Kolschoswky, from Germany, was among them and opted to remain in the thriving city. He tried his hand in business as he set up a butcher shop. As the years wore on, he added Maywood residents to the list of his clients. This move allowed him to adopt a wholesale kind of business. The growth of the business made him think about rebranding. He brought his sons on board and in 1928 Otto & Sons was born.
When McDonald’s was established, they counted on OSI Group to supply their products. The two family businesses decided to join hands after the Second World War as modern suburbs became the order of the day. The franchise model was also gaining a lot of popularity about this time of the century.Ray Kroc took over the leadership of McDonald’s corporation in a move that would change the fortunes of Otto & Sons forever. The former kept opening restaurants across the country and the latter gladly supplied the meat products.The advent of the cryogenic food processing technology made things far much easier for Otto & Sons to deliver on its end of the deal. The cost of production went down considerably while they consistently provided products that had the customer in mind.
Entry Into The Corporate Scene
Their first processing plant was established in 1973. It was dedicated to meeting the needs of the McDonald’s brand. In 1975, the stage was set for the firm to move to the next level. They rebranded to OSI industries. In the same year a partner was sought and Sheldon Lavin, their investment consultant, fit the bill.Sheldon would later become the chief executive of the firm in the 1980s. Much of the success of OSI Group and its expansion into the global market has been attributed to his expertise in the business world. OSI Group still faithfully provides meat products to clients in locations throughout the world.