OSI Group is not like the rest of the food processing companies that are available in the market. The institution is not new in the American market. The food company opened its stores to customers in the world in 1909, and since then, it has strived to be the best in the complicated market. When the first owners of the company sold to new management, this was the start of better services to consumers. With the introduction of qualified professionals such as Sheldon Lavin, OSI Group has been performing so well, and it has managed to expand and reach customers who are in various parts of the globe. Lavin is highly experienced in food and finance activities, and these are some of the qualities that have made him the ideal leader for OSI Group.
OSI Group took the expansion activities to a higher level recently when they announced that they had decided to purchase a facility that will assist in the food production and storage. According to the company website, Tyson Food will now be part of the OSI Group. The food plant is located in Chicago, and this means that it will be offering its services to the company main branch that is found in the area. When Tyson Food announced in November that it was going to close its offices in Chicago, many people, especially those working for the company were disappointed. The Chicago plant was being served by more than five hundred employees and this news were not received well.
When OSI Group learnt about this, it sent out its leaders who went to negotiate and purchase the company. The location of the food plant is ideal. The international food company will have more space to keep its products, and this is why Tyson Food was purchased. The employees working in the company do not have to worry about losing their jobs anymore. According to the top management in OSI Group, all the people will be retained in the company, but they will now be answerable to the OSI Group. These employees are very happy to continue working in the food production department. The two companies have not disclosed how much money was spent before the deal was complete, but experts have stated that the Tyson Food plant must have cost a fortune. Sheldon Lavin is one of the people who played a leading role in this acquisition. Lavin has been the company CEO for a while now.
OSI Group Info: www.refrigeratedfrozenfood.com/keywords/5122-osi-group
BandB March 24, 2018