Tyson Foods is a longtime food manufacturer in the Chicago area. The company company announced that it would be closing its doors. Nearly 500 jobs stood to be lost.
OSI Industries stepped in and purchased Tyson Foods for 7.4 million dollars. More than 200 employees at Tyson were offered positions with OSI Industries. OSI has made other acquisitions in order to diversify its market influence. The company bought Baho Foods. Baho Foods is a European based company that has been in existence for over 60 years. The purchase of Baho Foods will allow OSI Industries to make a strong impact in the European region. Members of the Baho Food staff will be crossing over to join the OSI Industries team. Flagship Food Group was also purchased to assist OSI Industries with building a foundation in Europe. Flagship Food Group specializes in mayonnaise and many other food sauces.
OSI Industries prides itself on providing opportunity. The company has a highly multicultural employee base. It’s recruiting efforts span the globe. There are hiring concentrations in the Americas, Asian-Pacific, Poland and United Kingdom. OSI employees are held to a very high standard. The company is well known for its attention to safety. It was awarded the Globe of Honor by the British Board of Safety. This award recognizes companies that maintain a high level of readiness towards safety in every aspect of their business. OSI Industries has a global team that travels internationally to ensure that every branch of the company is operating up to standards.
OSI Industries was founded in the early 1900s by a German immigrant named Otto Kolschowsky. Otto began with a meat market in the Chicago area and developed it into a product supplier for local food industry businesses. He turned the company over to his sons. In the 1950s Otto and Sons was discovered by McDonald’s CEO Ray Kroc. Ray Kroc needed a distributor to help him expand into the Illinois region. He chose Otto and Sons. They became one of a couple of hundred meat manufacturers that McDonald’s was using at the time. Eventually Otto and Sons would become the number one supplier of meat to the McDonald’s organization.
Read more on Google.com