The food industry in the USA is a multibillion-dollar economy. The food economy in the USA is one of the most challenging food industries in the world. The level of competition has an enormous impact on companies operation. However, OSI Industries has now been on the existence for more than one century. There are few food companies in service for that long, and this shows the level of quality in management, honest to customers, operation under the existing laws and innovation of this company.
The company has a beautiful story from the initial setup to now. The company’s origin and the initial OSI Industries idea have deep relations with the immigrants from Germany. Their plan, however, was not the prominent and successful company we know today but just a small business to supply the small town of Chicago, Illinois with meat. However, the company has changed hands and over time managed by different entities. All set of management entities have done their best to build the today’s food giant OSI Industries. The various management over the years has been able to overcome the many economic challenges that have affected the USA economy such as the two World Wars.
The reason why OSI has been able to be the food giants in the USA and the world is the company’s continuous innovation, especially in the harshly competitive world. The company is always looking for a way to diversify the products and as a result, presents consumers with better products. The company in the early stages concentrated on meat but currently has included hamburger patties and sausage. The diversification of these products paints the perfect picture of innovation and proper strategies of OSI Industries.
Apart from product diversification, OSI Industries has invested in the territorial expansion. Even though the company was initially a Chicago based, it has been able to start operation in states and currently in many nations. Development in many counties opened up the chance for this company to merge with other similar companies. The expansion, especially in the Asian market, gave this company an opportunity to work with other big regional companies. The essential merge of OSI was with JC Comsa.