OSI Group and the $600 Billion-Dollar Fast Food Industry

Even if you haven’t heard of the OSI Group, there’s a good chance that you have purchased their products, at least indirectly. Founded in 1909, OSI is one of the largest restaurant food suppliers in the United States, with a client portfolio that includes Mcdonalds, Pizza Hut, and many more. Based in Aurora, IL, the OSI Group is a privately held company and purveyor of quality food products aimed at the restaurant industry; their products include fish, vegetables, poultry, meat patties, and much more. For over 100-years the OSI group has prided themselves on being able to fulfill the needs of their customers by consistently delivering products that meet or exceed their expectations. Additionally, the OSI Group has been ranked the 58th largest privately held company by Forbes and has been named one of the top 100 food companies in the U.S., according to foodprocessing.com.

At the helm of the OSI Group is David McDonald, who serves as the company’s President and COO (Chief Operating Officer) and has been instrumental in guiding OSI towards records profits. In fact, with a workforce of roughly 20,000 employees, spanning 17 countries and 65 facilities, OSI reportedly generates revenue in the neighborhood of $6.1 billion. In an effort to expand their reach, OSI also purchased a 200,000-square-foot facility, previously occupied by Tyson Foods. The purchase, which was for $7.4 million, was intended to bolster OSI’s manufacturing capabilities and help better serve their customers. Also, under David McDonald’s leadership, OSI earned the honor of being the premiere food supplier during the 2008 Beijing Olympics games.

How did the OSI become so successful in the food industry? Well, they recognized early on that fast food was a lucrative industry. If you’re curious, it has a valuation somewhere in the neighborhood of $600 billion. In 1975, Sheldon Lavin, Chairman, and CEO of OSI helped establish the company’s first major contract, when the company agreed to be McDonald’s primary food supplier. The successful endeavor soon created new opportunities in foreign markets including China, India, Europe, and Austrailia.

Over the years, the OSI Group has added more and more food products to their portfolio, expanding into breakfast items like bacon and sausages. Additionally, the company is taking steps to broaden their pizza offerings by introducing new dough-based products. Obviously, the OSI Group doesn’t believe in resting on their Laurels; instead, they are committed to being as innovative as possible and providing customers with the quality foods that they have come to expect from OSI.