How Has Sheldon Lavin’s Involvement In OSI Industries Changed Its Fortunes?

OSI Industries, former Otto and Sons Company, weathered the great depression of 1929 and outlived the two world wars. However, the periods leading to 1970 saw the company face a myriad of management and operational challenges that threatened its sustainability. In a bid to salvage the situation, Otto’s sons invited a financial expert and a player within the investment banking industry, Sheldon Lavin, to help identify lasting solutions to these problems.

His contribution towards keeping the company afloat as well as personal capital injections to fund company operations saw him partner with Otto’s sons in managing the meat processing company before eventually taking over as chairman and CEO. But how has his input changed the century-old meat processor?

Realized the company’s expansionary dream

OSI Industries has always been on an expansionary path that saw it evolve from a butcher shop to a meat company. The transition was, however, slow as it was heavily weighed down by the numerous capital and managerial challenges facing it at the time. Sheldon stepped in and used his investment industry network to facilitate funding that allowed the company to fast track most of its expansionary goals.

After assuming office as chairman and CEO, Sheldon Lavin recommended a change of tact from building new facilities to acquiring established ones across the world. The move saw the company realize its global expansionary dream in less than four decades.

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Set it up towards a more successful path

Poor resource management, constant use of redundant technology, and too much emphasis on the local market limited the company’s success. Sheldon disrupted this by pioneering the adoption of advanced factory technologies and marketing OSI Industries products to global markets thus opening it up to more paths to success.

Eliminated common and persistent problems

Some of the problems facing OSI Industries before Sheldon’s take over included inability to meet market demands and financial challenges. The finance expert would, however, exploit his connections and experience to come up with lasting solutions to these challenges.

For instance, the introduction of modern processing technology reduced operating costs and boosted production capacity. Personal capital injections and expanded markets would, on the other hand, address the persistent lack of capital challenge.

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OSI Industries Food Group Soars

The Service You Get With OSI Food Solutions

The OSI Group, a superb food industry processing corp has made recent international business news. They have been able to allow other dedicated professionals to carry their brand under their trusted name. The OSI Group lends over a century of experience in the food industry. They’re the largest food processor in North America and are proudly based in southern Illinois. Their team of executives are also interested in expanding the OSI global portfolio. To date, their assets are estimated at over $60.2 billion dollars. Feed your family a balanced diet with OSI.

Team Executives Behind The Success Of OSI

The OSI is backed by strong executive professionals that continue to be a part of the active growth of their food corp. Leaders like Sheldon Lavin, COO, leads their food corp in an effort to expand their international presence. They have been in China and the United States for over a century. Their success in the food industry lead to them being the 2016 honoree of the prestigious Globe of Honour Award. They award was given by the UK food industry for their high level of food excellence.

OSI Business News

Did you know OSI Food Solutions has created a global initiative to create jobs? That’s right; the popular OSI network has allowed their corporation to create over six thousand jobs worldwide. In fact, their President, David McDonald says, it’s important to do more than provide meals for the families they serve. Their Chicago Tyson food plant bid is responsible for hundreds of displaced workers maintaining their job. They continue to serve the general public while putting a safe meal on the table, restaurants, and grocers around the world. Trust the OSI Food Group to feed your family smart.