Baho Food will now have more funding to work with so they can increase meat and snack food output while also marketing to even more customers. That’s because they sold their controlling shares to OSI Industries, a Chicago food processing company who also bought Flagship Europe not long before. Baho Food had been undergoing a few income losses in the years leading up to the merger, and they had considered discontinuing a few products and closing a few factories. But OSI Industries realized buying Baho Food could increase their portfolio in Europe, and they have a stellar reputation that attracted Baho Food managers to completing the deal. All Baho Food employees along with managing director John Balvers were retained by OSI, and they even kept the Baho Food brand for the local outlets.
OSI Industries is based in Chicago and has major plants located throughout the US in other Illinois towns, Wisconsin, Iowa and California. They are ranked 10th in the meat market overall and 54th in the top 100 food processing companies. They were founded by Otto Kolschowsky in 1909 and named after him as Otto & Sons. They were originally a meat supermarket center that catered to local clients, but then when they became the chosen supply company to McDonald’s and it became time to grow very large.
OSI Industries’ first large US plant was built in the early 1970s, and their first foreign venture began in 1978 into Germany. By the mid 1980s OSI had a presence in India and by the early 1990s they were established in China. OSI Industries does have many American Meat products to their overseas subsidiaries, but they also work closely with representatives in each local market who provide input on how the flavor and style of food can meet customer tastes.
OSI Industries considers their company to be more like a family company because while they do have policies on how things work, their Chief Executive Officer Sheldon Lavin and President David McDonald have open doors and don’t simply run the company from the top. OSI Industries also has been committed to using green energy equipment and fuel for running their machinery and has invested in safety equipment to minimize employee injuries while still meeting high output standards. OSI also has supported philanthropies around the world, and most of their support has gone to the Ronald McDonald House Charities, but they also support the Boys and Girls clubs and the Multiple Sclerosis Society.
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