Today the OSI Group has become the largest world food provider. It has over 20,000 employees that are working in their 65 facilities that are located in the 17 countries. The organization raised from a humble start and now it has major corporate businesses which have a significant slice of the 20th century in the American economic history. OSI Group have been transforming the processing food industry with their innovative solutions.
The transition started with Otto & Sons which was a global supplier and became OSI Group which was a global corporation within 2 decades. It was done in 1975 where the name was a code for the last 75 years taken to evolve from the family butcher shop to where it became a technologically advanced company and it operates on manufacturers scale.
The other aspect that leads to the transition of the company was because of the leadership change in the company. It is up to this time as the members of Kolschowsky family used to run Otto & Sons, but after the company was transitioned to become a large entity and having the desire to expand internationally and the sons of the Otto & Sons were approaching retirement, they asked Sheldon Lavin to become their partner and join the company in 1975. Sheldon had already been introduced to the organization when he worked as the investment consultant and he played a key role in capitalization efforts in 1970 of Otto & Sons.
In a few years later, OSI Group had manufacturing capabilities that responded to the continued growth of McDonald’s. In 1977, it was the time they started its facility that operated outside Chicago area. Others followed in the late 1970s. When McDonald broke and entered the international market, OSI industries followed that suit. They made a joint venture in Germany in 1978 and later in 1980 in Spain. OSI started becoming sprawling and complicated multinational corporation.
The international growth sector was a result of Lavin after he had become the company’s CEO in the 1980s. he had investment and executive skills in the banking sector which was a crucial prove for the high-growth phase in the company. The transition made the company grow in its substantial phase and it has been a continuation to date. It is ranked as among the largest in United State, and in 2016 Forbes ranked it #58 in the list of the largest private companies and had sales worth $6.21 billion.