OSI Industries is certainly one of the largest companies in the world today. It has more than 20,000 employees around the world. There are 65 offices in 17 different countries. It was ranked 58th by Forbes in the list of largest privately owned companies in the year 2016. The company’s net worth recorded in that year was more than $6 billion.
OSI Industries is committed to providing sustainable technological innovations. This has been a very positive move for the company. Their adaption to this new technology has been one of the main reasons behind their success. The OSI Industries entered a new era of remarkable growth.
The company was initially named Otto & Sons. It started in the 1950s. Otto & Sons became a very important regional supplier to the very famous McDonald’s. The profits grew spectacularly in the next decade.
The liquid nitrogen freezing technology provided new opportunities in the food storage, production, and transportation businesses. OSI Industries was one of the very first to adopt this new technology.
A facility was constructed in West Chicago in 1973. It was the first facility that was constructed to supply products for only McDonald’s. The famous food chain only had four suppliers at that time. After only a few years, they had over a hundred suppliers.
OSI was willing to take the risk of adopting the new technology. The company recently constructed two Culinary Innovation Centers. One is in China and the other in the United States of America. A separate Research and Development Center was also constructed in Chicago.
These centers are responsible for coming up with new innovative techniques that make OSI one of the best companies in the world. They show how OSI cares about their business and clients as well.
These sustainability efforts have not only made profits, but OSI has been able to receive different awards as well. McDonald’s highlighted multiple OSI subsidiaries in their report of Best of Sustainable Supply in 2012.
In 2016, the company was awarded the California Green Business certificate. In addition to that, OS won the Globe of Honor Award in the same year. This award is given by UK’s British Safety Council.