OSI Group Is A Century Old Company With German Ancestry

Some of the biggest revelations of the past couple of centuries came through the innovation and ideas of immigrants that came to the United States from other countries. This is certainly the case in regards to the OSI Group, home to Chicago, where it was first started back in 1909 by a German immigrant by the name of Otto. He grew this company into a major contender in the food market, especially starting in 1928 when his sons joined the family business. At this time, the company was known as Otto & Sons and was ahead of the competition in the whole Chicago area. The entire town experienced new growth in the business that was brought in by Otto & Sons, where much of the cities population was made up of immigrants from Germany.

After the business became a major contender in the food service market, Otto wanted to provide the entire nation with safe and fresh meat and it was the main goal for a long time. Although he never expected the company to experience such great success, there is no doubt Otto & Sons has been a leading competitor in the food services market for meats for more than five decades. Starting in the 1970’s, the company continued to expand into new territory, opening new offices outside of the Chicago area and continued expanding to new locations heavily through the 1980’s.

Today, OSI Group is a provider of many different foods, including beef patties, tofu, bread, sausage, poultry, soup, steak, cheese, and much more. OSI Group is enormous by company standards today and they are easily one of the largest food processor and supplier companies in the entire world. With billions of dollars in revenue generated each year, OSI Group has been ranked as one of the largest companies in the United States according to a ranking by Forbes. This multi-billion dollar corporation is ahead of the game and will continue to expand into new territory for many years moving forward.

Jed McCaleb talks about a universal payment system

Jed McCaleb is the Co-Founder and CTO of Stellar, an organization that is using cryptocurrency to change the financial system. Before he could manage to build this company, he had worked with other companies and therefore had accrued some experience of running a company in this industry. It has however been a challenging experience trying to make it in this industry. It is an infant industry, and therefore the challenges that come with it are many. Only those determined to make it in the industry are going to make it. Jed McCaleb is one of the innovators of the industry who have made a great difference by launching unique projects that have potential to change the industry.

 

When Jed McCaleb appeared in an interview with CNBC, he outlined the things which have been happening in the industry and predicted what he hopes will happen in the years to come. One of the things he talked about is the possibility of creating a cross-border payment system that will be used to make payments using digital currencies. One of the challenges facing the industry currently is the lack of a payment system that can be used to facilitate transactions. Lack of a payment system has made some people and banking institutions to stay away from them. The payment system that Jed McCaleb is talking about will be universal meaning that everyone in the world will be able to use.

 

In the next one decade, Jed McCaleb sees a scenario where there will be a hybrid system where the whole financial sector will be running on blockchain technology. The stock market and other non-asset securities will be handled under the system. Stellar is working on a network that is secure enough to be used for transacting money. Security is a major cause of concern for the digital currencies. Cases of hacking have been detrimental to the industry as it results in prices sinking.

 

Jed McCaleb is setting the right trend for the industry, and hopefully, in the next few years, there will be much more acceptability of the digital currencies. Jed McCaleb is urging those interested in the industry to make efforts to work on the technology as this is where the strength of digital currencies lies.

More on Jed McCaleb’s background on LinkedIn

OSI Industries Is A Company That Has A Truly Inspirational Story That Is Steeped In The American Experience:

The story of how OSI Industries became one of the world’s most successful food businesses is quite an interesting one and it’s a story that started over one hundred years ago. Like many others who immigrated from Germany around the turn of the Twentieth Century, Otto Kolschowsky came to America looking for a new start in a land of opportunity. Otto put his ambition to work by starting a family-run butcher shop in the Chicago, Illinois area. By working diligently, Otto and his family were able to build up a successful enough operation that the decision was made to expand into the wholesale meat distribution business. This happened in the wake of World War One. In 1928 the company was rebranded under the moniker of Otto & Sons.

The next big chapter for OSI came in 1955. By now the firm was being run by Otto’s sons Arthur and Harry Kolschowsky and they brothers were able to forge one of the most important business relationships in the history of OSI Industries. Landing the contract to supply McDonald’s restaurants with beef patties was a landmark achievement in the company’s history and it was a business relationship that pushed Otto & Sons to really step up its game. The relationship between Otto & Sons and McDonald’s became a constant fixture as the company was one of the restaurant chains primary distributors.

When the 1970s came around the Kolschowsky brothers were looking to further expand the business and they enlisted the help of local Chicago area financial consultant Sheldon Lavin. Sheldon was so instrumental in helping Ott & Sons to expand business operations that he was asked to join the firm, becoming a member of the partnership. From early on as a partner, Sheldon wanted to push for expansion and start making moves towards making the company global. The name was changed to OSI Industries and expansion outside of North America began. Sheldon Lavin is still with OSI today as its CEO and he continues to guide the firm in global expansion.

The recent merger between OSI Industries in Australia and Australian poultry distribution firm Turi Foods is an example of how OSI Industries continues to expand its operations. Turi Foods and OSI have very similar company cultures which makes them an ideal pairing. Executives from both companies have expressed how happy they are with accomplishing this critical merger.

For details: www.kununu.com/us/osi-industries

Jeremy Goldstein – A Champion for Mental Health

Jeremy Goldstein is a New York corporate attorney with a prolific background. He is not only a great corporate lawyer, but also a great humanitarian. His current undertaking is his leadership and support with the Fountain House organization. Fountain House is responsible for helping men and women with mental illness recover and regain their life back.

This year Jeremy Goldstein, Jim Finkel, and Omar Khan, will host an evening of great food and delicious wines in support of Fountain House. More than 450 million people worldwide suffer from mental illness; and because of this the Fountain House exist to help not only the patient, but the patient’s community and family as well.

Jeremy Goldstein, a member of the Board of Directors, hopes that this one night of festivities will enlighten and spring forward more support for this wonderful and much needed organization.

The Fountain House organization has been helping individuals suffering from mental illness for over seven decades. It was founded in 1944 by a handful of patients from Rockland State Hospital as a support system.

Fountain House’s main focus is to help mental ill men and women to regain their life back; and reinsert themselves back into their communities and society without the stigma of their illness. Learn more about Jeremy Goldstein:  https://www.slideshare.net/JeremyGoldstein14/22nd-annual-naspp-presentation-2014 and https://lawyers.justia.com/lawyer/jeremy-goldstein-1275422

Fountain House has successfully aided the mental illness community by their various initiatives and programs; that are available in getting mentally ill challenge individuals back into the workforce and become a viable member of their communities.

Jeremy and other innovators have spearheaded community mental health initiatives, global teaching models, and advocates that champion for mental illness awareness and care.

These programs and initiatives are not just for people suffering from mental illness, but to also change how society views mental illness and those that suffer from it. Over the course of time from Fountain House’s inception to now; the organization has been a part of the improvement of the living standards for mental illness suffers.

Employment and other programs for the mentally ill have improved greatly through information, research, and various programs. The wine and dinner event is surely to be a great hit for supporters to enjoy a meal and contribute to Fountain House’s continual success.

Read more: Jeremy Goldstein | Ideamench and Jeremy Goldstein | Slideshare