OSI Industries: Rising to the International Stage

The OSI Industries is a company that was established in the early 1900s by a German immigrant named Otto Kolschowsky. Back then, the company is only a small meat shop, which eventually grew into a prominent family business as they entered into a partnership with the McDonald’s Corporation in the 1950s and the 1960s. The rise of McDonald’s Corporation in the international market became a domino effect for its business partners, and the OSI Industries was one of those companies which have significantly benefited from the success of the fast food restaurant. The OSI opened up their first facilities overseas in Germany and Spain, and it became the company’s stepping stone into becoming a multinational company.

After Otto Kolschowsky and his family sold their shares, the company went under the hands of Sheldon Lavin. The founder of the company knows that the new chapter in the history of the OSI will be handled efficiently by Sheldon Lavin because of his background in the investment sector. He focused on tapping other businesses to become its partner, and he was aggressive in opening up new facilities abroad. His leadership also gave the needed boost for the company, and because of his unique approach in managing the business, the OSI became one of the most profitable companies in the United States, being able to post a sales of more than $6.1 billion in the year 2016.

More overseas facilities started to appear one after another, and a series of ventures with the largest food manufacturers in Latin America, Europe, and Asia made the OSI Industries a global powerhouse in the field of food manufacturing. The OSI Industries expanded into Taiwan in 1987, the Philippines in 1990, and China in 1992. With the rise of China’s economy in the contemporary history, the OSI Industries managed to gain the advantage once again, and they had to invite new businesses to join their growing business empire. Today, the company operates in 17 countries, and they have built 65 facilities that would help in producing high-quality meat and protein products. There are also 20,000 people working for the company in the present.

See This Page to learn more.