The Growth and Expansion of OSI Group
OSI Group is an American company that is privately owned and specializes in processing meat. A variety of products the company makes are meats such as: sausage, bacon, meat patties, and pork.
In 2016 OSI Group bought the Tyson Foods plant in Chicago, and according to the Cook County Recorder of Deeds the buyout was $7.4 million. OSI Group offered employment to the remaining employees at the Tyson Foods plant that was shut down. OSI Group bought out the plant because it is a 200,000 square-foot area and it is close to their other facilities in Chicago. It would also “provide the infrastructure to support continued business growth.”
The senior executive vice president for the OSI Group in North America, Kevin Scott, was delighted about the buyout of the Tyson Foods plant because with the company rapidly evolving they can meet the needs of their customers.
OSI Group also expanded a facility to Toledo, Spain. The new line in Spain has increased the chicken processing products from 12,000 tons a year to 24,000 tons per year. With expanding to Spain, OSI Group can now produce 45,000 tons or more of its chicken, pork, and beef products altogether.
Jose Maria del Rio, the Managing Director at OSI Group in Spain, stated that they have experienced an increase of need for chicken products. In the past 10 years, the demand for chicken products has increased 6 percent per year. And Mr. del Rio believes that the demand will just increase more, and so OSI Group will be ready to meet those demands. Expanding to Spain means that OSI Group can increase their product numbers to the company’s customers, and along the way they will grow with their clients and add more new jobs.
OSI Group has facilities around the world in locations such as North America, Western and Eastern Europe, and the Asia-Pacific. The company has more than 65 facilities in 17 countries.
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