OSI Industries is one of the largest company globally with a workforce of more than 20,000 employees. The food processing company is located in 17 countries with facilities exceeding 65. In 2016, the company was at position 58 in the Forbes list of private companies. OSI Industries’ net worth stood at $6.1 billion in that year. The company’s success results from the adaptation of modern technology, which is one of the company’s pillars of growth.
Additionally, the company commits itself to sustainability strategies since it started in the early 20th century. By then, the company was called Otto & Sons until 1975 when it changed the name to gain global recognition. Its spectacular growth started when McDonald’s restaurants’ chain contracted it as the primary meat supplier. The contract was the stepping-stone of its spectacular growth, which continues to date.
Sheldon Lavin who is the Chairman and the Chief Executive Officer of OSI Industries is the man behind the company’s outstanding success. He joined the company in the early 1970s before it rebranded and acted as its financial consultant. By then he was working in the banking sector before fully committing himself in the company’s operations in 1975. David McDonald who worked as the Project Manager before becoming the President and Chief Operations Officer works hand in hand with Sheldon Lavin to facilitate the company’s diversification process. They also take risks to make the company remain the top leader in food production and supplies especially in matters concerning mergers and acquisitions.
OSI Industries opened Culinary Innovation Centers, one in China and the other in the United States to ensure steady and fast growth. These facilities are mandated to come up with strategies and techniques to minimize the environmental impact of the company’s facilities. Through these centers, the company develops more consumer-friendly products under an efficient supply system. Due to the large size of the company, it promotes the best operational practices throughout its facilities in the two centers. The company is serious in sustainability and to make the initiative successful, the management decided to create the position of sustainability officer and appointed Nicole Johnson-Hoffman to take charge. The office is mandated to develop, guide, and oversee sustainability strategies throughout the company’s supply chain.