In the global economy, several countries remain conflicted in regards to providing food security to their citizens. As the world population continues to reach new heights, these countries remain concerned in reference to combating food-borne illnesses. In recent news, countries across the world have experienced the devastation of food borne illnesses such as Ebola and Listeria. To expound further, Ebola remained an extremely deadly virus that took West Africa by storm in 2014. In its aftermath, the virus killed tens of thousands of people and served as a reminder about how countries should find safe and secure food sources. Although the United States remains a developed nation, it remains a minority when compared to developing nations in reference to food security.
Therefore, the United States has supplied developing nations with a foundation in regards to mandating laws and regulations that provide food safety. Furthermore, companies such as OSI Industries have also served as a blueprint to these developing nations. For those unaware, OSI Industries remains an industry leader in regards to food security. For over 100 years, OSI Industries has remained a reputable company in the food industry. Moreover, it remained founded by Otto Kolschowsky after moving to the United States. Initially, Otto Kolschowsky intended for the company to remain a family meat market. However, the company eventually expanded to the whole meat market.
By 1928, the company’s wholesale meat market expansion took effect. As a result, it continued to balloon in revenue and profits. Moreover, the company garnered the attention of other companies such as McDonald’s. By 1955, the company secured an exclusive partnership with McDonald’s.
During this time, McDonald’s had hundreds of meat suppliers. Moreover, the partnership made OSI Industries McDonald’s primary meat supplier. By the 1970s, the company officially became known as OSI Industries.
Aside from building a multi-billion-dollar enterprise, the company also began to purchase other entities. In fact, the company purchased a Tyson food plant for $7.4 million dollars. This remains attributed to the plant’s decline in Chicago. In fact, the company purchased Baho Food. As a result, their presence in Europe also continued to expand.