OSI Industries Makes Moves to Position Itself for Future Growth

OSI Industries was founded in Chicago in 1909 and has grown to a company with over 20,000 employees. The privately owned holding company is responsible for quality meats across the retail and food service industries. Some of the company’s moves in recent years have positioned it for even more growth than it has ever experienced. Always in the top 100 of the Forbes largest private companies list, OSI still deserves admiration and attention.

Purchase of Tyson Foods

OSI Industries made a big move in 2016 with the purchase of the former Tyson Foods plant. At a price tag of $7.4 million, the plant was set to close when OSI took it over. The company kept many of the employees working as they used the facility to support business growth for years to come.

The 200,000 square foot facility was set to close after an announcement by Tyson Foods. Due to the swift action of OSI Industries, they were able to keep the factory up and running.

European Expansion

OSI Industries sees its business beyond just the borders of the United States. Spain is one country that has seen quite a lot of expansion by the company. The plant in Toledo, Spain received a high-capacity production line.

The advancements and expansion allowed the company to double the number of chicken products it was able to move through its meat processing. The annual capacity now at 45,000 tons of chicken, beef and pork products has allowed the company also to add more jobs.The reason for the expansion is the increased demand for chicken products throughout the region.

A Leader in the Industry

There is no company quite like OSI Industries. It stood at number 58 on the Forbes list of largest private companies back in 2016. With more than 65 facilities across 17 different countries, OSI Industries has grown into a worldwide supplier of the world’s processed, high-quality meat.

For details: www.zoominfo.com/c/osi-group-llc/73008813

Why New Jersery is Grateful for Boraie Development

New Jersey has a lot to offer, but even Shaquille O’Neal knows there is much to be done. His hometown of Newark, New Jersey, according to his mother needed a lot of work. It was in 1992 that he and his mother were visiting relatives when she mentioned that it would be a great idea if someone could invest back into the city and make it beautiful again. The project he invested in was a 20 story apartment building, listing apartments at market-rate.

 

The governor of Newark is grateful to Shaq and made certain that he mentioned this to him during the unveiling ceremony when the top floor was completed. Most importantly, the gratefulness expressed was to Shaq for never forgetting where he came from. What he discovered to be true about funding for the city, is that projects do not get completed because funds don’t come through. Projects are planned, but they often fall by the wayside without a real solid financial investment. The Mayor stated it best when he said that, “it takes partners”. You can visit their website boraie.com

 

 

Shaq Towers is now the first high-rise building in more than 50 years, with more than 165 total units for rent. The massive apartment building is comprised of 184,000 square feet, and has more than 20,000 square feet of rental space. Sam Boraie, the CEO of Boraie Development, has said that it could not have been possible without all of the partners involved. Boraie Development is based in New Jersey, and has been dedicated to the building up of urban areas. Waseem made the statement in a recent article that, “It’s the way we partnered with the city that sets a new tone.”

 

Shaquille O’Neal gave a lot of credit to Boraie, calling his company the “Kobe Bryan of development.” Those words coming from the hometown celebrity meant a lot to Mr. Sam Boraie as well as the other partners who sought out the developer to complete the project. A proud moment for the city of Newark, it was a special day for all involved to see something much needed and special turn out so well for the city and all residents. For more details visit crunchbase.com

 

Click here: https://patch.com/new-jersey/newbrunswick/new-voices-keeping-new-jersey-informed