The narrative of the formative years of OSI Industries is inspirational. Indeed, every entrepreneurial venture is marred with many curtailments that only the unabated weather through to become successful. For OSI, its ascent to Ivy League status as a famed food provider globally is backtracked to a lowly genesis.
As the world clocked the 20th century, Chicago, Illinois played host to a vibrant immigrant community of German roots. Strategically placed, Chicago served as an access point into America for immigrants headed west, which explains why the immigrants comprised a quarter of its demographic composition. While here, in 1909, Otto Kolschowsky started a small retail butcher shop that grew into wholesale and later rebranded Otto & Sons in 1928.
Elsewhere, in 1955, the McDonald couple started a restaurant in Des Plaines, Illinois. Notably, this was accomplished through their franchise agent Ray Kroc. Before this, Kroc had a pact with the Otto sons to be the restaurant’s first suppliers of fresh beef. Coincidentally, fate was taking its course for these two mutually independent entities. Shortly after that, Kroc bought out the McDonalds. Consequently, he became the CEO of the McDonald Corporation.
Like OSI Industries on Facebook
The transition and transformation
Otto & Sons went through a transition for over two decades to become OSI Industries in 1975. The company was compelled to transform its way of handling and supplying products to keep serving the mushrooming McDonald’s restaurants. Subsequently, the flash freezing process provided the imminent technological breakthrough, catapulting the two ventures ahead in the global market. Therefore, in 1973, the corporation built a plant in West Chicago dedicated singly to the McDonald’s immense business needs.
Timely response to a growing scope of operation
Simultaneously engrossing into the international platform with McDonald’s, OSI entered a joint venture in Germany in 1978 and Spain in 1980. Owing to the growing global influence, Sheldon Lavin became the chairman and CEO in 1975. Irrefutably, his vast experience as an investor and executive in banking led to further growth that is evident to date. Successively, OSI Industries emerged 58th on the Forbes ranking of the largest companies in the U.S., with $6.1 billion in sales.
The OSI Industries has a century-long history rich in an array of expansions and joint ventures across the world. Perhaps, it is its topnotch customer relations, sensitivity to growth opportunities, and peerless technological advancements that offer OSI Industries the cutting edge in the free competitive market.
Read more on Monster