OSI Industries is a leading business in the food industry. The company which has a history that goes back to 1909 is one of the businesses which has a great story about the journey they have taken to succeed. For the past 100 years, OSI has grown from a butcher shop to a multi-billion dollar company. In the recent rankings by the Forbes, it appeared number #58 among the top companies in the United States with a net value of $6.1 billion. Under the current leadership of CEO- Sheldon Lavin- huge growth has taken place.
OSI operates in 17 countries and has over 65 production plants in different locations. Most of this growth has happened during the time of Sheldon Levin as CEO. In fact, by the time he was joining, the company was only operating locally. Its international growth is a direct product of the work done by Sheldon Lavin.
OSI Industries has been built on a solid belief in the use of technological innovations as a way of growing its production capacity. Since the 1960s, the company has been embracing technological developments in its production. The company hopes to increase efficiency by using production methods that are faster and which preserve the environment. The company has adopted sustainability as one of the approaches that will bring change in the industry.
In one of the plants that were recently expanded by the OSI Industries, energy consumption has gone down by 20 percent after the installation of a system that preserves energy consumption. It is under the leadership of CEO Sheldon Lavin that all these things have been happening. As an innovative businessman, he knows the potential in applying technologically advanced production methods.
OSI Industries has in recent years embarked on an expansion plan that has significantly expanded business operations for the company. Today, the company has branches in different parts of the globe. In Europe, they have acquired Baho Food, a Dutch food company which has been supplying protein foods in 14 countries. The other acquisition involved Flagship Europe, now Creative Foods. The acquisitions have increased operations of the company in Europe. It seems that OSI Industries is aiming at taking control of the food market in this region.
There has also been the expansion of a plant in Spain where production of chicken products have been doubled. All these measures will lead to further growth of this food company as the expansion plan is expected to continue in coming years.