Home » Company » The Growth And Expansion Project Of OSI Group

Categories

The Growth And Expansion Project Of OSI Group

For years now, OSI Group has either been entering joint business ventures or acquiring different warehouses, processing plants, poultry processing facilities, and farms. These acquisitions and partnerships are all part of the company’s goal of becoming a premier international food provider.

The company intends to become a leading brand not only in the United States but in the entire North American continent as well as the continent of Europe and eventually the entire globe. So far, the company has several facilities in North America, Australia, India, and China. The company also operates a collaborated venture called Gen OSI that is situated in the Philippines. The company has also been able to extensively expand its poultry business in China, Europe and in the United States.

OSI Group has recently reached a double processing capacity of what used to be its chicken processing quantity. The company was able to do so by making a seventeen million dollar investment into the processing facilities and by doing so has been able to come from a capacity of twelve thousand tones to twenty-four thousand tons of chicken. With this quantity, the company will be able to produce a variety of chicken products and widen its market. This expansion has been extended to the Spain Toledo facility that not only processes chicken but also pork and a variety of beef products as well. This expansion means more than just more money and market reach for the company. It also means that more jobs will be created in this processing plants and the local market is also prone to expansion.

Other food processing plant acquisitions that the company has made recently include the acquisition of the Baho Food processing plant in Dutch, the Tyson Food Pant in Chicago and the Europe Flagship in Europe.

Background of OSI Group

OSI group started out as a local butcher shop owned by a German immigrant in the year 1909. Since then, the company has come from Otto and Sons to OSI . The name change and rebranding were done in the year 1975 after its Chief Executive Officer and Chairman became Sheldon Lavin.
Read more on Bloomberg.