Category Archives: Food Processing

Sheldon Lavin’s History Going From Banking To Food Processing Celebrated At Global Vision Academy Event

Sheldon Lavin understands both growing a business and having a sound financial plan to go with it because he has done this for more than four decades as the CEO of OSI Industries. An event was held at Global Vision Academy, an institute in India that celebrated international business leaders and Lavin was given a Global Visionary award at this event. Lavin expressed his deep gratitude and honor at receiving the award, and he was pleased to look back on the story of how he turned OSI Group from a local meat market group to its current position as a leading meat processing company.

Sheldon Lavin managed accounts for businesses and wealthy executives in his previous career in investment banking, and he had turned that into his own business in professional financial consulting. The owners of the original meat market currently known as Otto & Sons wanted his help to get financing from a big bank for a large factory they needed to build. Their local meat market center had just been selected by the CEo of McDonald’s to provide the meat for the restaurant. McDonald’s was still young at this point, but their profits were now enabling them to grow on a huge scale, and if Otto & Sons was going to keep up with their demands they too would need to build up their food processing capabilities.

Within the initial time period of working with Otto & Sons, Sheldon Lavin had been approached by the bank he was applying for financing with to see if he could become a partial owner in Otto & Sons. He turned down that notion at first because he wanted to remain in financial consulting, but he got along well with the company’s current owners and continued to help them grow their financing to open even more plants. Otto & Sons started seeing a lot of revenue come in, and not long after the company owners and McDonald’s wanted him to come on full-time. The company owners decided when they retired they would sell their shares to Lavin and told him it was completely up to him to grow the company as large as he wanted.

Sheldon Lavin not only maintained the strong partnership with McDonald’s over the years, he also helped other restaurant franchises deliver quality meats like Subway and Pizza Hut. Key acquisitions he made both in North America and overseas were Nation Pizza and Foods, Select Ready Foods in Canada, Vista Processed Foods in India, GenOSI and K&K Foods. Lavin helped fund two recent plant openings in the Philippines with GenOSI and OSI Spain that have heavily increased chicken product output in their various markets. He also gives money to and serves on the boards of the Jewish United Fund, the Ronald McDonald House Charities and the National Multiple Sclerosis Institute.

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Why OSI Group Leads the Pack in the Food Industry

OSI Group, LLC, is an American private company that produces food products and provides solutions for the food industry. The company’s product portfolio was initially based on processed meats but has evolved to include vegetable, fruit and dough products. OSI Group’s customers include well-known brands such as Chipotle, Subway, McDonald’s and Pizza Hut. OSI Group is headed by Sheldon Lavin in the capacity of the chief executive officer.

Operations

OSI Group is headquartered in Illinois, United States, with satellite offices in China, the United Kingdom, and Germany. According to Forbes, OSI Group is currently worth about 6 billion US dollars and employs approximately 20, 000 people worldwide. The company’s production facilities are located in North America, the Asia-Pacific region and some parts of Europe.

Business Growth

OSI Group has experienced tremendous growth and transformation over the years. The company has expanded its portfolio of products and services to serve a diverse clientele. Today, the company operates more than 65 production facilities in 17 countries spanning the Americas, Europe, and the Asia-Pacific regions. The company’s revenue and employee base have made it one of the largest private companies in America.

In 2016, OSI Group acquired one of Tyson Foods’ production factories located in Chicago for a reported 7.4 million US dollars. This move was meant to broaden the group’s manufacturing network in North America and enhance its capabilities to meet the rapidly evolving customer needs in the region. Tyson Foods previously supplied ready meals to the hospitality industry. Most of its former employees were absorbed by OSI Group.

OSI Group’s continuous improvement strategies have made it a global leader in the provision of exceptional products and solutions for the food industry. The group has also received awards over the years for being a champion of health and safety standards as well as caring for the environment in its facilities. Leading food outlets such as McDonalds’ depend on OSI Group for all their food processing requirements. The company is in the list of the top 100 private companies in America as well as the top 100 food companies in America.

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