OSI Group Makes A Bold Move By Acquiring A Former Chicago-Based Tyson Foods Plant

OSI Group is an American food company that provides custom food solutions for the food industry in locations all over the globe. The company was founded in 1909 and began as a humble, domestic food company that served customers in the Chicago, Illinois area, but it expanded over the years to become a worldwide food company that is headquartered in the United States. In the last few years the company has been doing even more to continue its expansion into new markets where it knows it will be a competitor. While a lot of these efforts are aimed at overseas opportunities, many of the moves that OSI is making are also aimed at cementing in its place as a leader in the country of its origin.

One of the most recent moves that OSI group has made in this capacity is to acquire a former Tyson Food Plant in the south-side of Chicago. OSI bought the plant for $7.4 million, and while 480 employees stood to lose their job, as the plant closed down, OSI offered many of them new employment opportunities with its company. This is the norm for OSI who cares deeply about its own employees and the communities that it serves in. This 200,000 square-foot plant is expected to offer support to its other business endeavors in the city of Chicago, the state of Illinois, and its overall operations. It expands upon its existing North American manufacturing capabilities and will help to improve what its existing Chicago plant offers.

OSI Group is located in Aurora, Illinois and has more than 20,000 employees on its payroll. The company is valued at $6.1 billion, and Forbes lists it as the #58 top American private company. The Chief Executive Officer of OSI Group, Sheldon Lavin, has been credited with a lot of the success of the company and a big part of the reason why it was chosen as a top United States company by Forbes. His contributions to the company initially helped it to grow beyond its humble domestic beginnings into a national food service provider with facilities all over the world. Lavin, along with the rest of the leadership at OSI have pledged to continue to make the kinds of choices for the company that will lead to a larger and more sustainable infrastructure. Remaining a sustainable company is a top priority for OSI, and in recent years, it has taken measures to ensure its continuance as a top American food company.

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