OSI Industries: Over 109 Years Of Success In The Food Industry

When Otto Kolschowsky built his butcher shop, Otto & Sons, on the outskirts of Chicago in 1909, he had no idea how large and influential that company would become. Today, more than 100 years later, that company, now called OSI Industries, provides high-quality, tasty, nutritious meat, fish, vegetable and dough products to millions of customers in 85 countries. The company continues to build on Otto Kolschowsky’s legacy of providing the highest quality products for his customers. That mandate and mindset has helped to make OSI Industries a world leader in the food processing and production industry.

There were several important milestones in Otto & Sons growth from a neighborhood meat market into a global food processing industry juggernaut. Beginning to sell wholesales meat to restaurants and supermarkets in Illinois was one of them. Agreeing to provide ground beef for Ray Kroc’s McDonald’s franchises beginning in 1955 was another. As more and more McDonald’s franchises opened all across the country, in 1973 Otto & Sons built a separate facility for their McDonald’s product line. It featured technologically advanced flash freezing machinery for making hamburger patties. They also created Glenmark to handle the needs of their other customers. OSI Group acquires Baho Food.

In the mid 1970s, Otto & Sons turned to Sheldon Lavin, a financial services expert, to get them money to expand. By 1975, not only had he gotten them the financing, the company changed its name to OSI Industries to convey a more professional image. When the original owners retired in the late 1970s, Sheldon Lavin became CEO and began to make plans to take the company global. He spent 20 years building 10 poultry processing facilities and recruiting millions of customers in China. The company also built food processing facilities in Japan, India, Taiwan and the Philippines.

Since 1980 OSI Industries constructed facilities in Illinois, Utah, California, Wisconsin and Iowa in the United States and in Spain, Poland, Hungary, Austria, Germany, Brazil, Australia and Mexico. The company also acquired Amick Farms in the eastern United States, Baho Foods in Holland and UK based Flagship Europe. Plus, the company did joint project with companies in Canada, Europe, Asia and the Americas. Today, OSI Industries have 65 food plants in 17 countries worldwide and tens of millions of customers in 85 countries.

Otto Kolschowsky would be proud of the company’s growth and its commitment to producing the best meat, vegetable, dough and meat products.

For details: www.forbes.com/companies/osi-group/

Tony Petrello- A Generous Philanthropist

Tony Petrello is popular as one of the top-paid CEOs in the United States. He heads an oil and natural gas drilling company known as Nabors Industries. It is the biggest drilling technology company in the world. It provides drilling equipment and services to oil and natural gas companies all over the world.

Tony Petrello joined the company in 1991 and has been a part of it since then. He has moved from the position of COO and president of the company to now the CEO and chairman of the executive committee of the board. His input in the company has transformed it from a small company in the early 1990s to now a global giant.

Tony Petrello may be known for his role in the management of Nabors Industries, but there is another field he is doing very well. He is in philanthropy, and his donations are making a huge transformation in the lives of the people. One of the missions he is supporting is the development of a neurological research center in Texas. The facility is located at the Texas children’s hospital. The facility is center for research and treatment of children with neurological disorders. One of the challenges that face this medical field is that there has never been research done to identify what causes neurological disorders in children.

Read more: Tony Petrello Donates $7 Million to Texas Children’s Hospital of Houston

Tony Petrello was inspired to engage in philanthropy by the condition of his daughter Carena who was born with a neurological disorder which later developed into Cerebral Palsy. This is a condition which has left her handicapped; she cannot coordinate movements and therefore eating or walking are very hard tasks for her. While Tony Petrello was looking for treatment, he did not get even a single hospital that could help her daughter. This was when he decided to go back to Texas and work with Texas children’s Hospital so that they could start a facility that could come up with a solution to neurological disorders in children.

Tony has been contributing funds to this facility. So far, he has given out $7 million which have gone to equipping the facility and getting the world’s top doctors and surgeons. Petrello hopes that one day the facility will come up with a solution to the cause of neurological disorders in children. This is the only way, her daughter and thousands of many other children from all over the world can get to live a better life.

Source: https://thereisnoconsensus.com/mathematics-law-business-charity-unique-american-dream-tony-petrello/

Madison Street Capital and Their Outstanding Consultancy Work for DCG Software Value

The world of business is getting more dynamic lately, and across the globe, we read about news of companies growing and expanding in unprecedented levels. One of the more promising companies in the global investment realm is Madison Street Capital (MSC).

 

 

According to PR.com, MSC is right now the international investment banking firm that offers its financial expertise to DCG Software Value, which is a global provider of function point analysis and other value management software today. MSC is also the firm guiding DCG Software Value to make sure that its merger decision with The Spitfire Group would lead to more productive opportunities.

 

 

The merger was led by the CEO of MSC himself, Charles Botchway. Without disclosing the details of the merger, Botchway showed his excitement and optimism in the merger that would define the future of the Spitfire Group. Botchway also added that with the kind of exceptional leadership from both companies, including the work of Mike Harris as CEO of DCG Software Value and Mark Richtermeyer as CEO of Spitfire, the future of the merger would nothing but be full of promise and opportunities to provide more jobs for people. The fact, too, that these two companies are big industry leaders in the field of Business IT makes Botchway confident. He also found the opportunity to work with them to be extra rewarding.

 

 

We should also not forget to include here that the engagement of MSC with these two IT companies is also an indication of how much strength MSC has today. Investment firms are judged by the results of their clients. They have skin in the game in the sense that whatever the outcome of the projects that their clients do, they would partly be responsible. MSC would have to be accountable for what ideas they suggest, and this is one of the many reasons that MSC still stands out today. Rarely can we find investment banks or advisory firms that support their clients all the way through their growth.

 

 

About Madison Street Capital

 

 

The core strength of Madison Street Capital comes mainly from the talented, exceptional, dedicated and hardworking workforce of the company. The extensive relationships that the workforce has among one another also makes MSC as a competent international investment banking firm that offers nothing but excellent service. Its expertise in acquisition, mergers, financial advisory services and financial opinions also become a highly sought-after series of services for both start-ups and advanced level enterprises.

 

 

One strength of Madison Street Capital today, too, that brings them to the top is the attention they give to emerging markets. They believe that the different markets that are still growing in the field of IT and speculative business is what’s mostly driving the growth of their clients and what’s keeping their clients still successful in their chosen fields.

 

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