Otto Kolschowsky, who created his small meat shop in Oak Park, Illinois — a location initially located west of Chicago — was the predecessor company to OSI Group, a billion dollar a year food company. Otto Kolschowsky, a German immigrant, saw to it that his family-based, small meat company be renamed Otto & Sons, Inc. in 1928.
Today, Sheldon Lavin, the CEO of OSI Group manages an international food company headquartered in Aurora, Illinois, that is considered the 58th most prosperous private company in the United States. Forbes.com has noted that OSI Group had sales of 6.1 billion dollars in 2016. Sherry Ddemeulenaere is the Senior Vice President and Chief Financial Officer (CFO), and David McDonald is the COO and President of OSI Group.
Sheldon Lavin got involved with Otto & Sons in 1970 based on some financial dealings that he had with Otto & Sons in 1970. However, Lavin did not become an employee of Otto & Sons until 1975, when their name changed to OSI Industries.
For a successful, international food firm like OSI, building strong business partnerships over a century has provided Illinois food company serious credibility in areas like ethics, food quality, energy efficiency, sustainability as well as sustainability. OSI has also received many industry awards, which shows the ability of the company to adapt and change to the changing consumer tastes in the present times.
Part of OSI’s success over the years has been due to the long-term relationship they have had with McDonald’s, the world-renowned American hamburger chain. Ray Kroc opened up the first McDonald’s hamburger shop in Des Plaines, Illinois, which was a franchise-based situation for Kroc. Because of OSI’s strong ties with Richard and Maurice McDonald as well as Ray Kroc over the years, the McDonald’s chain decided to deem OSI as one of their four big meat patty producers. This crucial decision came at a time when McDonald’s was consolidating their meat supply chain. This considerable meat supply deal with McDonald’s helped to lock OSI’s into a business symbiosis.
And due to McDonald’s strategy to expand globally, OSI reaped the rewards of being in a close business relationship with McDonald’s by expanding into Europe and South Asia by acquiring many foreign companies.
As a holding company of many different meat processors across the globe, OSI Group sells products like bacon, hot dogs, meat patties, pizza, fish, vegetables, and poultry.