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While Tyson Foods had to make a serious decision and close down one of their manufacturing plants, another food distributor has come in to buy the plant and bring back jobs to south Chicago. The shutting down of this plant was becoming inevitable as Tyson’s leaders said that this plant simply couldn’t keep up with the new customer demands that were hitting the marketplace.
When the plant changed ownership around 480 employees had been laid off, but OSI Group offered employment to all of those remaining the opportunity to stay with the company. OSI Group has stated acquiring this plant will help meet their own demands for increased production spaces.
OSI Group operates out of the greater Chicago area and is one of the world’s largest growing private companies in the food service sector. The company processes and treats meat taken from domestic livestock and has partnerships with various distribution companies by which they sell it to clients across the globe. They’ve acquired various Asian and European food distribution companies including Baho Food and one of the UK’s largest distributors, Flagship Europe. In most cases, OSI Group’s practice when acquiring companies has been to retain current leaders at the companies while increasing their supply chain and funding.
Related: OSI Group Acquires Baho Food to Expand Presence in Asia
OSI Group’s specialties have consisted of both raw and completely cooked meats. OSI Group helps customize meat packages for clients from breakfast meats such as bacon and sausages, to lunch meats and even complete sandwich specials, to pizzas and other entrees. OSI’s products are sold to both markets and wholesale distributors as well as privately-owned restaurants and public chains. OSI Group follows some of the strictest safety requirements to make sure its foods are healthy and edible for customers.
OSI Group has independent representatives that distribute their products at various locations around the world, all of whom are locals who understand culture and customer needs in each market. OSI Group has a team of executives led by Chairman and CEO Sheldon Lavin, and President and Chief Operating Officer David McDonald. OSI Group has sought to promote a family culture rather than the traditional corporate ladder leadership.