In the last 25 years, the OSI Group has specialized in the acquisition of small and big competitors both locally and internationally.
The latest acquisition that the company has made is a warehouse in Chicago, Illinois. The warehouse has an area of 200,000 square foot and belongs to Tyson foods. The facility is close to a processing plant owned by the company and will play a major role in the development of the company. The senior executive vice president of the company, Kelvin Scott, said that the new acquisition will help the firm satisfy the needs of its American customers. The company said that it was excited about the new acquisition.
This is not the only development associated with the OSI Group. Recently, the company announced the implementation of a technology known as Remote Video Auditing (RVA) in most of its plants located in the United States. While making the announcement about these developments, the chief operating officer of the company said that OSI group was committed to using the latest technology in the world. The executive also revealed that the company has been working with Arrowside since the year 2005 in the implementation of new innovative technology. These new developments will ensure that vehicles transporting OSI’s products are sealed and at the same time follow the required safety protocols when it comes to handling the end products. It’s an avenue for the company to implement effective and consistent safety systems for their products.
This new technology will also help the company provide employees with the latest feedback .The RVA technology has been proven to work over the years. The OSI Group has been in existence since the year 1909 when it was established by a German immigrant. Since then, the company has grown to become one of the leading food suppliers and retailers in the world. The Forbes recently ranked the company number 58 as one of the companies that are privately owned. In the same report, it was revealed that the company had a net revenue of $6.1 billion in the year 2016.
The OSI Group deals with a variety of products that include pizza, fish, dough and vegetable products as well as meat patties and bacon.
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